The recent selling pressure in precious metals came amid a hawkish global macro environment and shifting investor sentiment. Although prolonged tensions involving the United States, Israel and Iran have kept concerns over energy markets elevated, traders appeared to book profits after the sharp rally in bullion prices, leading to a temporary pause in the upward momentum.
Gold, Silver Rates Today in India Remain Unchanged on 17 May 2026 After 2-Days Sell-off Amid US-Iran Tensions
Source: Goodreturns
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