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Precious metals retreat on profit booking

Gold and silver prices slipped as investors booked profits amid easing geopolitical concerns and improving risk sentiment.
Gold and silver prices declined as investors booked profits following recent gains and easing geopolitical tensions. Market participants noted that improved risk sentiment reduced immediate demand for safe haven assets. Short term corrections are common after sharp rallies, though long-term outlook depends on inflation trends and central bank policy. The outlook depends on inflation, central bank signals, and macro conditions.