After declining for two consecutive sessions, gold and silver prices staged a strong rebound in the domestic bullion market on Friday, offering relief to traders while raising concerns among retail buyers. The sharp uptick reflects renewed volatility in precious metal prices, influenced largely by global economic and geopolitical factors.Market experts attribute the rebound to multiple global factors, including fluctuations in international bullion prices, ongoing geopolitical tensions, and the weakening of the Indian rupee against major foreign currencies. Expectations of potential changes in global interest rates have also boosted investor demand for safe-haven assets such as gold and silver.Jewellers have expressed concern that the sudden spike in prices may dampen retail demand in the coming days. Traders, meanwhile, have advised buyers to remain cautious and closely track price movements before making large purchases, as volatility is expected to persist in the bullion market.
