Why are ⁠gold and silver prices up today, and will precious metals continue to rise or fall again? Full market explainer, analysts insights, market outlook and what should investors do now

Why are ⁠gold and silver prices up today, and will precious metals continue to rise or fall again? Full market explainer, analysts insights, market outlook and what should investors do now

Why are ⁠gold and silver prices up today, and will precious metals continue to rise or fall again? Gold and silver prices moved higher after dip buying while markets reacted to inflation risks, oil prices, and interest rate signals. The Federal Reserve kept rates steady and traders reduced expectations of rate cuts. Oil prices above $124 per barrel added inflation pressure. Analysts say mixed signals may keep precious metals moving in both directions in coming months.

Source: The Economic Times
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