Mumbai, Feb. 13 -- OPEC revealed in its monthly report noted a 1.8% rise in the precious metals index for January, marking a recovery after two months of declines. Gold prices increased by 2.3% due to heightened safe-haven demand amid geopolitical uncertainties and robust central bank purchases in emerging markets. Platinum also rose by 1.2%, supported by improved industrial activity and supply concerns. However, silver prices dipped by 1.1%, weighed down by the stronger US dollar. Year-on-year, the index surged by 32.8%, with gold, silver, and platinum up by 33.2%, 32.7%, and 2.5%, respectively.
Published by HT Digital Content Services with permission from Capital Market....