Gold Correction Seen as Buying Opportunity Amid Ongoing Uncertainty

Vandana Bharti, Head, Commodity Research at SMC Global Securities, weighed in on the current state of gold and silver markets. She noted that recent volatility may have created a buying opportunity for investors looking to get into precious metals.

Bherti pointed out that central bank purchases continue to support gold prices, despite its correction from highs. She highlighted the ongoing macroeconomic uncertainty as another factor driving demand for gold.

On the other hand, silver's prospects are closely tied to industrial demand and global growth. Bharti noted that recent market commentary suggests silver may struggle to outperform from current levels.