Gold and silver prices surged up to 3% on Friday in domestic and global markets, driven by easing West Asia tensions and safe-haven demand. Despite gains, analysts warn of weekly declines amid inflation concerns, strong dollar, and uncertain interest rate outlook
Gold prices fell sharply by Rs 4,100 to Rs 1,21,800 per 10 grams in Delhi, slipping below the USD 4,000 mark globally as easing US-China tensions and ETF outflows reduced safe-haven demand. Silver also tumbled Rs 6,250 per kg