Gold, silver hit record highs before sharp pullback on margin hikes

Analysts say long-term fundamentals such as central bank buying, ETF inflows and rate-cut expectations remain intact, even as near-term volatility persists due to expiry-related factors and global cues. | Photo Credit: Ravitaliy Gold and silver witnessed sharp volatility, with both precious metals touching fresh record highs in early trade before pulling back significantly. Gold surged…

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Silver steadies after biggest one-day fall in over five years

Silver prices came under pressure as technical indicators signalled overstretched gains and thin liquidity amplified volatility. Exchanges raised margin requirements on certain Comex silver contracts, prompting some traders to cut positions. | Photo Credit: iStock Silver steadied after its biggest one-day drop in more than five years, as traders booked profit following a powerful year-end…

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