New Delhi, March 23 -- Precious metals - gold and silver - rebounded sharply in the evening session on Monday, 23 March, after US President Donald Trump said the US and Iran had held productive talks over the last two days, triggering renewed safe-haven buying that had largely been ignored by investors since the start of the conflict.

Both gold and silver, which had touched their lowest levels of 2026 earlier in the day, have recouped all their losses and turned positive for the session. The May silver futures on COMEX rebounded $9.82 from an intraday low of $61.21 per troy ounce to reach $71.03, while April gold futures recovered $437 per troy ounce to hit an intraday high of $4,537.

Earlier in the day, the yellow metal had slipped to ...