Gold, silver prices next week: What investors should watch amid global uncertainty - The Times of India
AI desk brief
Gold and silver are seen range-bound with a mildly positive bias next week, with domestic bullion in India cushioned by rupee weakness even as global prices fluctuate. On MCX, December gold rose Rs 1,109, or nearly 1%, last week to Rs 1.51 lakh/10g, while silver slipped Rs 122 to Rs 2.25 lakh/kg; in Comex trade, December gold gained $54, or 1.3%, to $4,216.3/oz and silver rose more than 1% to $61.05/oz.
Analysts said the late-week rebound was driven by bargain buying, a softer dollar around 102, and some easing in Treasury yields, while lower crude also trimmed immediate inflation fears. The next catalyst set is inflation data from India, China and the US, Chinese trade figures, and Fed official speeches, with geopolitical tensions and any shift in the US rate path likely to determine whether bullion extends its recovery or stalls.
Sources used
- S1 The Times of India via Google News — Gold, silver prices next week: What investors should watch amid global uncertainty - The Times of India