Gold, Silver Rate Today Live Updates: Gold, silver prices in focus on safe haven buying; where are the precious metals headed?
The situation escalated further after the US reportedly sank an Iranian warship in international waters, while Iran continued launching missile attacks across several countries in the region and allegedly targeted key energy infrastructure. These developments have deepened concerns of a prolonged regional conflict, encouraging investors to reduce exposure to risk-sensitive assets and maintain allocations to gold. However, mixed set of comments are increasing volatility in market, as Iran yesterday mentioned that if they get a good deal from US they might consider easing the attacks.
At the same time, several macro factors are simultaneously influencing bullion prices, including shifting expectations around policy easing by the Federal Reserve, currency fluctuations, geopolitical risk and broader liquidity conditions across global markets. Risk assets have witnessed bouts of selling pressure, while energy markets—particularly crude oil—remain elevated, impacting liquidity sizing and cross-asset risk management. On the data front, the US Department of Labor reported initial jobless claims at 213,000, unchanged from the previous week and slightly better than expectations of 215,000. Market focus now shifts toward upcoming economic releases including EU GDP, U.S. retail sales, factory orders and broader labour market data, says Manav Modi Commodities Analyst Motilal Oswal Financial services Ltd.
