Gold Silver Price Next Week: Next week, the impact of US-Iran talks, crude oil and global events will be seen on gold-silver prices. The meeting in Switzerland will be important for the bullion market, where the US vice president will hold talks with Iranian officials.
Gold Silver Price Next Week: During the week starting June 22, gold and silver prices may be affected by the impact of the US-Iran talks, crude oil prices and other global developments. US-Iran talks in Switzerland will affect the market. In this meeting, US Vice President JD Vince is likely to interact with US officials. Commodity markets will be closed for the morning session on Friday on the occasion of Muharram. Gold and silver prices fell sharply last week.
America-Iran talks will be monitored
Experts believe that the US-Iran talks to be held in Bergenstock next week will be important for the bullion market. US Vice President JD Vance is likely to hold talks with Iranian officials in the meeting. The talks will be aimed at building on the framework agreement reached last week and restarting nuclear talks. Analysts say the meeting could have an impact on risk sentiment and the energy market.
Gold and silver are currently seeing a range-bound or correction. The market will closely monitor the negotiations between Washington and Tehran as well as the movement of crude oil, LNG and raw materials through the Strait of Hormuz.
Also read this
Iran and the Strait of Hormuz
Iran said it had closed the Strait of Hormuz following Israeli attacks in Lebanon. The US Central Command, however, denied the claim and said that vessel traffic through the strategic waterway continued as normal.
