PRECIOUS METALS | Silver and Gold Prices Expected to Surge Amid US-Iran Conflict

The ongoing conflict between the United States and Iran, along with related economic factors, has led to significant volatility in the precious metals markets. According to NS3.AI, silver has recently dropped to low double-digit levels. Expert Rashad Hajiyev forecasts that following this steep price correction, silver could rapidly rebound to $105 and potentially much higher, provided it surpasses the $85 resistance level. Gold is also anticipated to experience a sharp increase, potentially reaching between $7,000 and $8,000, as geopolitical tensions and inflation concerns boost demand for safe-haven assets.