Gold, silver rate outlook: Prices may stay range-bound next week; US-Iran tensions, jobs data in focus

Gold and silver prices are likely to remain range-bound next week as investors monitor developments in the US-Iran conflict, key global macroeconomic data, and domestic political cues. Investors will watch PMI readings from major economies early in the week, followed by US labor market indicators and non-farm payroll data later in the week for signals on monetary policy and bullion demand. Gold faced pressure due to a shift in investor preference toward risk assets and caution from central banks.