Gold, silver listless – The Hindu

Precious metals prices were confined to a narrow range in April, influenced more by the developments surrounding the Middle East geopolitical conflict. The ceasefire between Iran and the U.S. sparked positive sentiment towards gold but the yellow metal cooled off in the last couple of weeks.

Comex gold closed a tad lower at $4,636 by April end, a fall of 1.35%. Echoing the price behaviour of gold, Comex silver, too, closed a bit lower in April, sliding 1.5% to $74.23/ ounce.