Gold, Silver may stay under pressure next week amid oil price surge, US-Iran tensions
India, July 19 -- Gold and silver are expected to remain under pressure in the coming week as investors weigh the impact of escalating tensions in West Asia, rising crude oil prices and a series of key global economic data releases, market analysts said.
Market participants are closely tracking developments following fresh US airstrikes on Iran after attacks on American-linked installations in Jordan, a move that has heightened geopolitical uncertainty and raised concerns over global energy supplies.
Analysts said investors will also monitor US weekly jobless claims, flash Purchasing Managers' Index (PMI) data, monetary policy signals from major central banks and key economic indicators from Europe and China for clues on the global inte...
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