Whalesbook
Gold and silver prices experienced a marginal dip as strong US jobs data and Federal Reserve meeting minutes signaled a potential pause in interest rate cuts. The spot price of gold hovered around $4,065 per ounce, while Indian prices saw a 0.26% decrease. Silver also registered a decline in domestic markets. Analysts note that while rate cut hopes have receded, demand for gold remains steady due to seasonal factors and its role as a safe-haven asset, while silver finds support from industrial and safe-haven demand.