Silver rebounds Rs 12,200/kg, gold up Rs 5,500/10g as soft dollar, easing oil prices spur rate cut bets

Precious metals often act as a hedge against inflation and currency depreciation. Global macroeconomic factors like interest rates and dollar strength significantly influence their prices.

• •Gold and silver prices rebounded sharply on MCX after a two-day decline.
• •Silver surged over 5% and gold gained 4%.
• •The rebound was supported by a weaker dollar and easing oil prices, spurring rate cut bets.
• •Risk flag: Sudden strengthening of the dollar
• •Risk flag: Hawkish shifts in central bank policies