Gold and silver prices rise with eyes on central banks and Iran war

Friday's recovery tells the story. Physical buyers stepped in when geopolitical risk spiked. Iran conflict adds premium to both metals but silver's catching more momentum on the industrial demand angle. Central banks aren't slowing their accumulation despite higher prices. COMEX registered gold inventories remain tight. This is how bull markets work. Dips get bought immediately when real risk emerges. The war premium never fully left after Ukraine. Now it's compounding with monetary debasement fears. Smart money knows precious metals are the only assets that benefit from both inflation and deflation scenarios.