Gold futures opened lower at MCX, continuing a week-long price decline, while silver also saw a slight dip. Despite early session losses due to easing geopolitical tensions, both metals recovered following mixed U.S. economic data and a weaker dollar. Experts suggest monitoring volatility and key support levels for trading gold and silver.
Oil, inflation and uncertainty: James Knightley breaks down market risks
Geopolitical tensions in the Middle East, particularly concerning Iran, are creating significant market uncertainty and keeping investors on edge. Rising energy costs due to supply