Gold and silver likely stay range bound as investors weigh US Iran talks and key global data

Geopolitics is spiking headlines, yet prices may stall

Gold and silver prices may trade in a tight range for a second week as investors digest progress and setbacks in US-Iran peace negotiations alongside upcoming global macroeconomic releases. Analysts expect gold’s momentum to remain consolidative, helped by lower Treasury yields, a softer dollar, and easing crude risk premiums. Silver, however, is seen with a more upbeat bias, supported by copper-linked buying, supply tightness, and central bank demand. Still, Friday’s gains were capped by renewed conflict signals and fresh UAE attack reports.