Gold, silver rate outlook: Middle East conflict, inflation data to drive prices this week

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PRices would be driven by inflation ,middle east war and more Precious metals are expected to remain under pressure in the coming week, with investors weighing geopolitical uncertainty in the Middle East against upcoming inflation data and other economic indicators that could shape expectations for global interest rates, analysts said. The latest escalation between the US and Iran has renewed concerns over energy supplies after Tehran announced the closure of the Strait of Hormuz following an attack on a vessel it claimed was travelling through an unauthorised route. The conflict widened after US strikes prompted retaliatory attacks by Iran on…

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