Gold and silver prices remained volatile on September 2 as investors balanced safe-haven demand arising from geopolitical tensions against movements in global interest rates and the US dollar.
Fresh uncertainty surrounding the Middle East conflict has supported demand for traditional safe-haven assets. However, fluctuations in bond yields and the dollar continue to influence precious-metal prices. India’s retail gold and silver prices also showed movement on Wednesday.
Investors will continue to watch three major factors: the US-Iran conflict, the direction of the dollar and expectations regarding US interest rates. These factors could keep both gold and silver volatile in the coming sessions.
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