Asia-Pacific markets open higher as investors assess renewed Middle East hostilities
Asia-Pacific markets open broadly higher on Monday, after they closed mostly in the green from the last trading session on Friday.
Gold and silver markets will be volatile this week due to US inflation data, interest rate expectations, crude oil prices, and Middle East tensions, according to analysts. The US Consumer Price Index (CPI) report for August 2026, set for September 11, will heavily influence bullion markets. US inflation numbers are the primary trigger, with analysts Pranav Mer and Gaurav Garg noting that gold futures and Comex gold futures dropped in value last week.
Sharp price swings in domestic gold prices were caused by Fed's potential rate hike. Geopolitical concerns in the Middle East are increasingly seen as a rate risk rather than traditional safe-haven demand. Silver's industrial demand is also impacted by interest rate trajectory. Analysts suggest key resistance levels for gold and silver, with possible support levels as well.
Investors should also watch crude oil price movements and geopolitical tensions in the Middle East for additional cues on bullion prices.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
