Commodity Talk: Key factors that will set the tone for gold, silver & commodities this week

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Key Points

Last week, gold and silver ended negatively, while silver showed resilience amid base metals downturn. Energy prices were favorable, driven by crude oil increase..

The headline inflation is expected to come down to 2.9%, which was 3.4% last month."ETMarkets.com"Gold may trade between Rs 62,000 and Rs 62,400..

Gold and silver traded in a range as the markets awaited key data points from the US including the inflation numbers..

Ravindra Rao: Key factors include US inflation data and PPI data, along with speeches by Fed governors..

Lower inflation expectations could be positive for gold and commodities, as it will influence the dollar index.. Looking at gold and silver this week, what levels should investors watch, and how should they trade?..

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