New Delhi: Gold and silver are likely to remain under pressure next week as investors assess the impact of renewed hostilities between the US and Iran, movement in crude oil prices and a raft of macroeconomic data, analysts said. Market participants will closely watch manufacturing and services PMI from major economies, inflation data from the Eurozone, and the US nonfarm payrolls and unemployment figures for fresh cues on the trajectory of the Federal Reserve’s monetary policy. Geopolitical developments are also expected to remain in focus after US-Iran negotiations came to a standstill following a sharp escalation in military conflict, they…
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