By Ajay kumar | CEO & Editor-in-chief
Mumbai, Maharashtra (UNA) : Precious metals experienced a pullback in recent sessions following strong rallies that pushed prices of both gold and silver to near record levels. Trading activity in bullion markets reflected reduced upward momentum, prompting participants to lock in gains amid thinner year-end liquidity. Overall movement in gold and silver markets showed a correction phase as extended rallies faced resistance. Gold maintained relatively firmer support levels, while silver’s retreat was more pronounced, influenced by its sensitivity to industrial demand and broader market positioning. The shift in prices was driven largely by profit booking after significant upside in previous weeks and changing global cues. Easing geopolitical tensions and adjustments in macroeconomic expectations contributed to the tempering of bullion trends, with market watchers noting that transactional volumes remain lower due to the holiday trading cycle. Commodity segments linked to metals witnessed short-term volatility as traders reassessed positions. In company-specific and sector terms, bullion dealers and commodity traders reported more pronounced selling interest in silver compared to gold, reflecting differing demand profiles. Gold’s role as a monetary hedge and sustained central bank interest were cited as factors supporting its relative stability. Market observers indicated that precious metals may continue to exhibit erratic price movements in the short term. Analysts emphasised that gold’s broader appeal during uncertain economic phases might lend it steadier performance, whereas silver could remain more susceptible to external demand shifts and industrial activity patterns.