Fluctuations in precious metals are expected to continue.

Precious metals continue to fluctuate, with gold rising by 1.7% to $4973.70 per ounce and silver falling by 1.7% to $75.40 per ounce. Analysts from Deutsche Bank stated that due to some traders choosing to take profits while others buying on dips, short-term volatility remains high and the intense fluctuations in the precious metals market may continue.