Gold Firm Above $5,000, Silver Volatile: What's Next for Prices?

• Gold holds above $5,000, driven by geopolitical tensions and strong demand; consumers adapt to higher prices.
• Varghese Alukkas expects gold to remain firm, potentially reaching $5,500–$5,600, with UBS projecting $6,200 by 2026.
• Silver shows sharp volatility and drying volumes despite 20% annual gains, pushing investors to the sidelines.
• Rahul Mehta notes stability is crucial for silver; long-term investors find ₹1.9–2.3 lakh per kg attractive.
• Indian steel prices consolidate after a 15–20% rally, with buyers resisting and traders profit-booking, but near-term support remains.