Gold and Silver Prices Fluctuate Amid Geopolitical Tensions and Trade Uncertainty

Gold and silver prices have shown volatility amid geopolitical tensions and trade uncertainties, particularly involving the US-Iran standoff and US tariffs. Gold on COMEX reached highs near $5,200 per ounce before slight declines, while silver approached $88 per ounce. Indian gold prices crossed Rs 1.60 lakh per 10 grams, supported by safe-haven demand and a weakening rupee. Analysts note strong buying interest and potential for further gains if key resistance levels are surpassed, though market sentiment remains sensitive to diplomatic developments.