Opinion: Although gold and silver prices may face profit-taking pressure in the short term, long-term macroeconomic factors will continue to support the rise in precious metal prices.

The Kobeissi Letter, a capital markets commentary journal, points out that although gold and silver may face profit-taking pressure in the short term, and may even lead to a rotation of funds to other assets such as stocks and cryptocurrencies, in the long run, factors such as inflation expectations, central bank interest rate cuts, and global central banks increasing their gold holdings will continue to support the rise in precious metal prices.