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The Economic Times
The Economic Times
National
Gandharv Walia

What is gold and silver price prediction for Monday? Gold rebounds on US-Iran ceasefire hopes, silver holds steady

What is gold and silver price prediction for Monday? Gold and silver markets ended the week with mixed signals as investors reacted to developments involving the United States and Iran. Gold prices rose after reports indicated that both countries may extend their ceasefire arrangement. A weaker US dollar and lower oil prices also provided support to precious metals. At the same time, inflation data from the United States showed price pressures remain present, leading traders to expect interest rates to stay unchanged for a longer period. These factors will likely influence gold and silver trading when markets reopen on Monday.

Gold Recovers After Ceasefire Developments

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