Commodity Exchange

Silver recovery is being driven by ceasefire optimism that is keeping the oil prices capped. Safe-haven flows seem to be largely absent

In the international market, spot gold was up ​2.5 per cent at $4,819.25 per ounce. Similarly, spot silver also jumped 5.5 per cent to $76.91 per ounce

Gold outlook steady, silver may stay volatile: Which metal can deliver better returns in 2026? Analyst shares the full investment outlook for precious metals amid Iran war-led uncertainty

Safe haven demand for gold during escalating geopolitical tensions due to the raging Iran war has not been strong enough to overcome the dollar strength and rate pressure

On Thursday, Brent crude futures climbed $3.69, or 3.44 per cent, to $111.07 per barrel. The US West Texas Intermediate crude rose $2.29, or 2.38 per cent, to $98.61 per barrel

So far this year, MCX spot silver has rallied 6.5 per cent and gold has gained nearly 16.4 per cent, according to data compiled by Bloomberg

Silver price outlook: Silver faces selling pressure amid strong US data, firm dollar and rising yields. The metal may test $77 support if weakness continues, said Mirae Asset Sharekhan analyst

Silver and gold are expected to extend their gains next week as investors sought safety in safe-haven assets amid renewed trade tensions following US President Donald Trump's decision to raise global tariffs and rising geopolitical strains in the Middle East, analysts said. Market participants will closely watch key economic indicators, including the US Producer Price Index (PPI), consumer confidence data, weekly initial jobless claims and the People's Bank of China's lending rate decision, for cues on the direction of precious metals, they added. "Markets are awaiting the US producer price index (PPI), housing data, consumer confidence, regional Fed indicators, and the People's Bank of China's prime rate decision," Choice Broking said. The brokerage firm said escalating geopolitical risks and Trump's move to raise global tariffs after the US Supreme Court's ruling have revived trade uncertainties and strengthened safe-haven demand for bullion. On the Multi Commodity Exchange, silv

Gold futures for April delivery edged higher to ₹1,56,050 per 10 gram on the MCX during the morning session, while silver futures for March delivery rose to ₹2,44,901 per kilogram

Spot gold will continue to draw support from safe-haven buying amid elevated geopolitical tensions as Greenland uncertainty continues

The tariff threat, tied to a dispute over control of Greenland and broader trade tensions, has rattled markets and reinforced precious metals' appeal as a hedge against economic instability.

Roughly $6 billion of silver futures are set to be sold amid index rebalancing. Mirae Asset Sharekhan analyst suggests if Silver prices hold the support of $70, investors may consider buying the dip.

Gold price outlook: Huge volatility and choppiness are expected to continue in gold as traders navigate the maze of data and events in the very short term

The annual Bloomberg Commodity Index rebalancing aims to keep the index aligned with the current state of the global commodity market. This year's window runs from January 9-15

Mirae Asset Sharekhan expects global oil market to be in surplus for a pro-longed period. It predicts WTI crude oil to hit $48 per barrel-mark in 2026

Silver needs to hold above $70 to make a fresh attempt at a new high. An increase in margins is serving as a bearish catalyst for the metal

Oil price outlook: The most significant downward pressure on oil prices this month stems from renewed optimism regarding the conflict in Ukraine.

Axis Securities maintains a constructive outlook on silver, citing multiple tailwinds that continue to sustain the rally even as valuations stretch

WTI plunged 2.5 per cent over the past five trading sessions to $58.05/bbl, shedding 5.5 per cent in the last month and more than 20 per cent since mid-June highs near $73/bbl

Gold will react mainly to the shifting odds of a December rate cut, which means that the September NFP report may further weigh on the yellow metal, analyst said