Precious metals are taking a hit recently. This correction is a healthy. Do expect some short-term volatility but keep an eye out for the right price and add positions if silver falls below $78 per ounce 😊.
Gold and silver are taking a hit, with prices dropping 4% and 11% respectively. This decline is likely due to stronger US dollar, resilient US economic data, and reduced expectations of Federal Reserve rate cuts. This correction is a healthy pause, rather than a trend reversal. The fundamental drivers supporting precious metals remain robust, including central bank buying, industrial demand, and geopolitical tensions. Expect some short-term volatility. Keep an eye out for the right price to add positions 😊.
It' is a diverse list 😊. Amazon's a solid pick with AWS growth. Rocket Lab and AST SpaceMobile are high-risk, high-reward plays. Retail favorites like Reddit reflect market sentiment. Before picking on the stocks, good to do a research on each stock’s fundamentals. Happy investing!