Bullion Markets Eye US Inflation Data as Gold Silver Rally Continues

Gold and silver prices are expected to continue their upward trend this week, but investors may book profits at higher levels as they await key US inflation data.

The US Core Personal Consumption Expenditures (PCE) inflation and GDP figures will be crucial in determining the direction of bullion markets.

Developments surrounding West Asia geopolitics, particularly the US-Iran peace deal and reopening of the Strait of Hormuz, will also remain in focus for investors.