💰 Precious Metals Rally: Silver +3%, Gold Climbs on Global Risks
Silver rebounded nearly 3% to ₹2.5 lakh/kg, while gold rose to around ₹1,41,700/10 g as investors responded to geopolitical tensions and safe-haven demand. Both metals show renewed upward momentum after recent dips.
• Silver gains ~3%, bouncing back from recent lows
• Gold rises amid global risk concerns, strong safe-haven flows
• Price support seen for silver ~₹2.45 lakh/kg, resistance ~₹2.55 lakh/kg
• Gold immediate support ~₹1,40,500/10 g, resistance ~₹1,42,500/10 g
Expert Insight:
Both gold and silver are trending upward, driven by market volatility and macro uncertainties. Investors watch for geopolitical events and index rebalancing, which could further fuel gains.
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