Gold, Silver Rate Today Live Updates: How much precious metals cost today and where are prices headed this week?
Gold and silver are expected to move in a tight range this week, with a mild upward bias, as investors watch geopolitical tensions in the Middle East and key global economic cues, analysts said. Domestically, the Reserve Bank of India’s monetary policy announcement due mid-week will also be in focus.
Pranav Mer of JM Financial Services noted that developments in the Gulf region will remain crucial, as any rise or easing in tensions could impact prices.
Investors will also keep an eye on major global data, including services PMI readings and US indicators such as durable goods data, GDP, the PCE index, and inflation numbers.