Brief by Shorts91 Newsdesk / 02:09pm on 23 Mar 2026,Monday Business
Gold and silver prices witnessed a sharp decline in domestic and global markets despite ongoing tensions in West Asia. Contrary to their traditional safe-haven appeal, bullion prices dropped due to a stronger U.S. dollar, rising bond yields, and profit booking by investors. Analysts note that geopolitical risks were already priced in, reducing fresh demand. Additionally, liquidity pressures and shifting interest rate expectations triggered heavy selling. Silver saw steeper losses compared to gold. Experts suggest that while short-term volatility may persist, long-term prospects for precious metals remain stable amid uncertain global economic conditions. (PC: Reuters)
