Gold and silver are expected to remain volatile with a corrective bias in the coming week as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices and inflation data that could reshape monetary policy expectations.
The precious metals sector faces a complex backdrop where traditional safe-haven demand is being offset by rising interest rate bets and energy-driven inflation fears.
Brent crude and WTI prices climbed sharply on Monday as fresh escalations in tensions between the United States and Iran reignited supply disruption fears.
The geopolitical flare-up triggered a broad repricing of risk across energy markets, adding to inflationary pressures that could complicate the Federal Reserve's policy path.
Gold prices are on track to close the week in negative territory, marking a retreat from recent highs as market participants recalibrate their risk models.
The precious metal faced persistent selling pressure on Friday, extending losses that have seen it break key support levels.