Gold, silver price today: Analysts expect bullion to remain under pressure

Market experts believe gold and silver could continue facing headwinds in the near term as investors assess multiple global developments simultaneously.

Apart from the escalating conflict in West Asia, traders will also monitor crude oil prices, US weekly jobless claims, flash PMI readings, monetary policy decisions and economic data from Europe and China.

Analysts say these indicators will provide fresh clues on inflation trends and the future path of interest rates. According to market participants, bullion is likely to remain sensitive to every major economic release, with investors avoiding aggressive fresh positions until greater clarity emerges.