Safe-haven metals, particularly gold and silver, experienced a significant rebound as easing geopolitical tensions between the United States and Iran improved investor sentiment. Spot gold rose 1.7% to approximately $4,786.7 per ounce, after briefly surpassing $4,800. Silver outperformed with a rally of more than 5.5%, reaching $77 per ounce, marking its highest level in three weeks. This surge follows US President Donald Trump's decision to delay military strikes on Iranian civilian infrastructure, which has opened avenues for diplomatic negotiations. The acknowledgment of a 10-point proposal from Iran as a workable framework further bolstered market confidence. Despite the recent gains, analysts at Kotak caution that lingering risks from inflation and high energy prices could impact future movements. Currently, gold is trading in the $4,820–$4,860 range on the COMEX, with a sustained move above $4,900 potentially accelerating momentum towards $5,000. In India, MCX gold is trading between ₹1,53,000 and ₹1,55,000, with key resistance at ₹1,55,000. Silver, benefiting from both safe-haven and industrial demand, is also showing positive momentum, with COMEX silver trading in the $76–$77 range.