Gold prices continued trading at elevated levels as investors preferred safer assets due to ongoing geopolitical conflict and inflation concerns. International bullion markets witnessed strong buying interest during the latest session.
Silver prices also remained firm, supported by both investment demand and expectations of long-term industrial usage in renewable energy and electronics sectors. However, silver continued witnessing higher volatility compared to gold.
Analysts believe precious metals could remain supported in the near term if global tensions and inflationary concerns persist across major economies.
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