Gold, Silver Record Rally to Extend as Inflation Data Drives Prices

• Gold and silver prices are projected to continue their record rally, driven by global inflation data and macroeconomic indicators.
• Key factors influencing the rally include inflation readings from India, US, Europe, UK, and provisional manufacturing/services PMI data.
• Gold's momentum is boosted by Fed rate cuts, liquidity measures, geopolitical tensions, and its safe-haven appeal.
• MCX gold and silver reached lifetime highs, with gold at Rs 1,35,263/10g and silver at Rs 2,01,615/kg, supported by a weak dollar and strong investor buying.
• Silver's rally is further supported by falling yields, ample liquidity, central bank buying, ETF inflows, and industrial demand.

Why It Matters: Gold and silver's record rally impacts investments amid global economic shifts.