Gold and silver prices have risen sharply, driven by escalating tensions between the U.S. and Iran. Despite a modest increase in U.S. jobless claims, analysts suggest the Federal Reserve is unlikely to cut interest rates before April. Matt Weller, Global Head of Research at FOREX.com, highlights these developments as key factors influencing precious metals ahead of the U.S. market open. The focus remains on gold’s strong upward movement as investors monitor both geopolitical risks and central bank policy.
