Gold prices continued trading near elevated levels as investors maintained exposure to safe-haven assets despite improving sentiment in equity markets. While global stock markets recovered, uncertainty surrounding interest rates and geopolitical developments prevented a significant correction in bullion prices.
Jewellers reported stable demand as many investors continued purchasing gold for long-term wealth preservation. Analysts believe central bank buying and global economic uncertainty are likely to provide long-term support to precious metals.
Market experts expect gold to remain volatile over the short term, with upcoming inflation data and monetary policy decisions likely to influence price movement across international commodity markets.
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