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Gold and Silver Prices This Week: Experts Weigh In on Potential Surge or Sharp Drop Amid Geopolitical Tensions and Central Bank Decisions
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Gold, Silver Prices: Correction Ahead? West Asia Tensions, Central Banks to Drive Market
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CNBC Awaaz
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16-03-2026, 07:14
Gold, Silver Prices: Correction Ahead? West Asia Tensions, Central Banks to Drive Market
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Experts predict a correction in gold and silver prices this week, starting March 16.
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Geopolitical developments in West Asia and major central bank meetings will be key market drivers.
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US Federal Reserve, European Central Bank, Bank of England, and People's Bank of China will announce policy decisions.
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Last week, MCX Silver fell 3.3% (Rs 8,850) and MCX Gold weakened by 2% (Rs 3,168) due to a strong dollar and profit booking.
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Despite price weakness, gold retains safe-haven appeal amid West Asia tensions.
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