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Patrick Karim, technical analyst at Technical Traders Ltd, observes that gold has the ability to increase in value whether yields are rising or falling.
His comment aims to reassure investors about the resilience of gold amid varying interest rate environments.
Karim has previously provided an in-depth review of silver corrections, outlining expectations for the current market. He has also expressed caution about the strength of a potential silver rally, citing unresolved issues on the monthly chart. His analysis consistently addresses technical factors in precious metals markets.