Why is gold price rising by 1.9% and silver by 2.7%, and will gold touch $5,500 and silver reach $100 soon? Precious metals rise, analysts insights and market outlook explained. Here's what should investors do now

Why is gold price rising by 1.9% and silver by 2.7%, and will gold touch $5,500 and silver reach $100 soon? Gold rose as the dollar index slipped and oil prices declined. Investors track inflation data and Federal Reserve policy signals while silver and platinum also moved higher in global commodity markets.