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Gold and silver prices are expected to sustain positive momentum next week amid heightened geopolitical tensions and the uncertainty surrounding the US Supreme Court's impending decision on President Donald Trump's tariff policy, analysts said. The release of inflation data from major economies, including the US, India, and Germany, along with trade and investment numbers from China and commentary from some Federal Reserve officials, will also be closely watched by the traders, they added. "The bullions are expected to continue their positive momentum and corrective moves should be a buying opportunity, as focus again will remain on the US Supreme court hearing in the Trump's trade tariffs case and the geopolitical issues surrounding US President Donald Trump's actions & comments," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the Multi Commodity Exchange (MCX), gold futures climbed by Rs 3,058, or 2.25 per cent, over the .
Gold and silver prices are likely to witness sharp swings next week as traders weigh key economic data and brace for heightened geopolitical uncertainty after US forces captured Venezuelan President Nicolas Maduro, analysts said. Investors will focus on key US data points, including ISM Manufacturing, December ADP employment numbers, and the unemployment rate, along with comments from a slew of Federal Reserve officials that could provide cues on the central bank's monetary policy outlook and near-term direction for bullion prices, they added. "Gold prices are likely to remain volatile in the week ahead as there are bullish as well as bearish factors at play," Prathamesh Mallya, DVP - Research, Non - Agri Commodities and Currencies, Angel One, said. According to experts, commodities markets are expected to see aggressive trading on Monday, reflecting volatile geopolitics after the US captured Venezuelan President Nicolas Maduro and his wife in a military operation on Saturday, ...