Gold rebounds after two-day fall; silver jumps Rs 4,000/kg on progress in US-Iran peace talks. Should you buy? (opens original article in a new tab)

Gold and silver prices rebounded on MCX after two-day declines, driven by US-Iran peace talks progress but facing pressure from expected U.S. interest rate hikes. Silver rose Rs 4,000/kg while gold gained Rs 784/10 grams. Analysts recommend buy-on-dips strategy with specific support and resistance levels.

• Gold and silver prices rose on MCX after two-day declines due to progress in US-Iran peace talks
• U.S. interest rate hike expectations weigh on gold despite short-term price rebounds
• Silver jumped Rs 4,000/kg while gold rose Rs 784/10 grams in domestic markets
• Experts suggest buy-on-dips strategy with support and resistance levels for gold and silver