After a brief pause earlier this week, gold and silver prices are once again showing signs of strength, supported by a mix of global uncertainty, safe-haven demand, and a softer dollar. Analysts say the correction seen in the last few sessions is more of a breather than a reversal, and the rally may have further room to run.
On Friday morning, gold futures on the MCX were trading around Rs 1,21 lakh per 10 grams, while silver was trading over Rs 1,48 lakh per kg.
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