Gold, Silver Rebound: Prices Recover After Sharp Decline; What's Next?

• Gold and silver prices saw a strong recovery today after two days of sharp declines, driven by reassessment of positions amid US employment data absence and shutdown uncertainty.
• Spot gold rose 3.7% to $4,837.16 per ounce, while US gold futures for April delivery closed up 4.5% at $4,859.30.
• Spot silver jumped 5.9% to $84.09 per ounce, recovering from a significant slide due to higher market leverage and increased margin requirements.
• Market experts attribute the recovery to position unwinding and technical factors, not new fundamental changes, as US employment data was unavailable.
• N.S. Ramaswamy of Ventura believes gold's bullish trend is intact, expecting it to surpass $5,645 per ounce in 2026, supported by central bank buying, ETF holdings, geopolitical risks, and strong physical demand.

Why It Matters: Gold and silver rebounded due to technical recovery and market uncertainty, with experts predicting continued bullish trend for gold.