Gold price correction may last months, critical mineral review could restart silver short squeeze – Heraeus

(Kitco News) – Gold and silver prices took a big hit last week, and the easing of near-term drivers and physical shortages could see the correction last for some time, according to precious metals analysts at Heraeus.After warning for weeks that gold was extremely overbought, the analysts wrote in their latest precious metals update that the gold rally finally saw a meaningful pullback.