Gold and silver are expected to stay range-bound for a second straight week as investors look at global news and economic data. The main focus remains on US–Iran peace talks, which are influencing overall market sentiment. While tensions in geopolitics are supporting prices to some extent, they are not strong enough to push a big breakout in either direction. Investors are also waiting for important data from China, Germany, the US, the Eurozone and the UK, including inflation and GDP numbers. These updates are likely to guide how markets move next and decide demand for safe-haven assets like gold and silver.
