Experts see more upside for gold, silver due to weak data and falling yields

Core Insights - Gold and silver prices increased on Wednesday due to a drop in US Treasury bond yields following the release of data indicating that retail sales growth had stalled in December [1] Group 1: Market Reactions - The increase in gold and silver prices is attributed to the decline in US Treasury bond yields, which typically makes precious metals more attractive as an investment [1] - The data showing stalled retail sales growth in December suggests a weakening consumer demand, impacting economic outlook and influencing market behavior [1]