Welcome to the Let the Money Talk podcast by PhillipCapital India. In this episode, PhillipCapital's research analyst provides a view on the Base Metals Pack - Gold & Silver | 12th April 2024

Gold climbed to a fresh record after the latest US inflation report offered some calm to markets a day after a hot price reading curbed bets on Federal Reserve rate cuts. Middle-East and Ukraine, plus buying by central banks, led by China, have added some bullish momentum for the precious metal. We expect gold and silver prices to trade higher for the day, as gold prices touched a fresh record as Israel prepared for a strike by Iran or its proxies, and traders mulled the latest US economic data.

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