TechFlow, June 11 — According to Jinshi Data, Han Tan, Chief Market Analyst at Exinity Group, said: "The market clearly understands that the path toward a trade agreement among major economies is not smooth sailing. As long as there remains a risk of further escalation—or even just prolonged elevated levels—of global trade tensions, gold should continue to find support." CPI data may provide investors with more guidance on the Federal Reserve's policy trajectory. "Market expectations point to rising CPI figures, which should dampen the likelihood of Fed rate cuts," Tan added. "We expect silver prices to reach $38 per ounce in the coming months. Market deficit considerations and a weakening dollar are key factors driving prices higher, potentially testing $40 per ounce."
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