Gold and silver prices have experienced significant fluctuations due to economic data and geopolitical tensions. Gold price rose to around $5,250 per ounce after previously suffering declines. Silver prices increased by 2.13% to near $86.50, driven by rising geopolitical risks in Iran. Traders are looking for strong support at the $83 level for silver, while the strength of the US Dollar is exerting downward pressure on gold prices.
