Today, during the Asian session, gold prices are relatively stable and are consolidating near the level of 1565.00, where the instrument decreased during an active decline on the eve.
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As expected, the precious metals market returned to growth after a short correction. Silver, being one of the main safe haven assets, is adding 4.2% to the January 23 low. At the moment, investor interest in the instrument is even higher than in gold. The percentage spread between gold and silver changes in favor of the latter by 1.5%.
Gold is in a stable sideways trend and is in no hurry to decline, despite the relative strength of USD and other risky assets.