Precious Metals Hit By Profit-Taking

Core Viewpoint - Gold and silver futures have experienced a decline in late trading as investors are locking in profits after reaching new all-time highs for both metals [1] Group 1 - The recent selling of gold and silver is not expected to develop into a new trend according to market analysts [1] - Peter Cardillo from Spartan Capital Securities suggests that this decline is a necessary correction and may be short-lived [1] - Cardillo recommends considering purchases of gold and silver on further dips, indicating a potential buying opportunity [1]