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
According to data shared by Axis Securities, gold prices have declined more than 10 per cent, while silver prices have corrected by over 22 per cent since the war.
Holding gold and global assets can help Indian investors hedge against rupee depreciation, manage inflation risks, and meet dollar-denominated goals such as overseas education and travel
By late March, gold had given up all its year-to-date (2026) gains, falling back to Dec 2025 levels - roughly $4,100-4,300/oz - a drop of about 20-25% from the peak of Jan 2026
Bullion has fallen more than 13% so far this month, putting it on track for its steepest decline since October 2008, weighed down by strong dollar and fading expectations of a US rate cut this year
