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December 10th, Wednesday, precious metals market trends are here.
Gold 9999 today quotes at 951, spot gold slightly retraced 0.21% to $4181.81 per ounce. On COMEX, gold futures are at $4208.24, down 0.22%. Silver, however, performed notably, with futures surging 4.49% to $61.13. The Water Bead Market investment gold is 972 per gram, and jewelry gold prices are 1105 per gram.
From a technical perspective, the Federal Reserve meeting is imminent, and the market is clearly observing. Currently, the tug-of-war between bulls and bears is intense, but trading volume is not keeping up, a typical hesitation in the market. In the short term, a corrective rebound is expected to be the main trend, and we will wait until the dust settles. Silver saw a strong rise today, up over 4%, making it a highlight in the precious metals sector.