Gold and silver prices have witnessed a phase of profit booking after reaching record highs earlier this year. International gold prices have declined for several consecutive sessions as investors reassess inflation expectations and interest rate outlooks.
Despite the correction, analysts remain optimistic about the long-term outlook for precious metals. Central bank purchases, geopolitical uncertainties, and concerns over currency depreciation continue to support demand for gold as a strategic asset.
Silver has also experienced volatility, though industrial demand from solar energy, electronics, and manufacturing sectors continues to provide underlying support for prices
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