Gold and silver prices expected to see fluctuations next week due to US-Iran friction
Precious metal prices could experience instability in the coming week as tensions between the US and Iran persist, says Pranav Mer, an analyst at JM Financial. He noted that a significant escalation could drive up oil costs while boosting safe-haven investments such as the US dollar and Treasury bond yields. Meanwhile, MCX gold futures for August saw a decline of more than 2% this week, closing at ₹1.43 lakh per 10 grams.
by shortkt.com✓