Gold and Silver Prices Rise as Safe-Haven Demand Increases

Gold and silver prices are slightly higher due to safe-haven demand amid the Israel-Hamas war and the potential for a wider Middle East conflict. The focus this week is on central bank meetings of the Federal Reserve, the Bank of England, and the Bank of Japan. The U.S. dollar index is slightly down, while crude oil prices are weaker. Technical analysis shows that gold and silver bulls have the near-term advantage.