Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold rebounds after Iran-US ceasefire extension talks

Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold and silver prices moved higher after the US dollar and oil prices weakened following reports about a ceasefire extension understanding between the United States and Iran. Gold rebounded from a two-month low as investors reacted to US inflation data, Federal Reserve rate outlook, and rising Chinese gold imports. Analysts said precious metals may remain sensitive to interest rates, geopolitical tensions, and global demand in the coming weeks.

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