Gold and silver revive after a strong decline
Precious metal prices saw a noticeable increase today after days of selling pressure, as investors returned to strengthen their portfolios with gold and silver, reflecting ongoing confidence in safe havens amid global market volatility.
🔹 Gold:
• The global price of an ounce rose to about $4,956, an increase of about 2 % during the day.
• In local markets, the price of gold per gram increased by about +2.7 %, reflecting buying momentum after price corrections.
🔹 Silver:
• Silver rose globally by about 4 % – 9 %, recovering from the previous drop.
• Local markets experienced a similar increase in prices, indicating a return of confidence among investors in precious metals.
Conclusion: Gold and silver continue their traditional role as safe havens, with strong buying opportunities at price corrections, especially amid financial market volatility and global geopolitical events.

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