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Gold and silver prices are expected to sustain positive momentum next week amid heightened geopolitical tensions and the uncertainty surrounding the US Supreme Court's impending decision on President Donald Trump's tariff policy, analysts said. The release of inflation data from major economies, including the US, India, and Germany, along with trade and investment numbers from China and commentary from some Federal Reserve officials, will also be closely watched by the traders, they added. "The bullions are expected to continue their positive momentum and corrective moves should be a buying opportunity, as focus again will remain on the US Supreme court hearing in the Trump's trade tariffs case and the geopolitical issues surrounding US President Donald Trump's actions & comments," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the Multi Commodity Exchange (MCX), gold futures climbed by Rs 3,058, or 2.25 per cent, over the .
Silver is not just a precious metal but a key industrial and energy transition input, and India should focus on processing it by securing long-term overseas mining supplies, boosting domestic refining and recycling, reducing reliance on imported finished silver, and diversifying import sources, GTRI said. It said China is the world's dominant processor of silver. Beijing is importing around USD 5.6 billion of silver ores and concentrates out of a global total of USD 6.3 billion. It refines this metal domestically and exports higher-value silver embedded in electronics, medical devices, and solar panels. India, by contrast, imported about USD 6.4 billion of refined silver in 2024, 21.4 per cent of global trade, making it the world's largest consumer of finished silver rather than a processor. "India must learn to process silver from the ore stage for domestic value addition," Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said. In FY25, India exported just USD 478.
Gold and silver prices are likely to witness sharp swings next week as traders weigh key economic data and brace for heightened geopolitical uncertainty after US forces captured Venezuelan President Nicolas Maduro, analysts said. Investors will focus on key US data points, including ISM Manufacturing, December ADP employment numbers, and the unemployment rate, along with comments from a slew of Federal Reserve officials that could provide cues on the central bank's monetary policy outlook and near-term direction for bullion prices, they added. "Gold prices are likely to remain volatile in the week ahead as there are bullish as well as bearish factors at play," Prathamesh Mallya, DVP - Research, Non - Agri Commodities and Currencies, Angel One, said. According to experts, commodities markets are expected to see aggressive trading on Monday, reflecting volatile geopolitics after the US captured Venezuelan President Nicolas Maduro and his wife in a military operation on Saturday, ...
Silver prices extended their record-breaking rally for a sixth straight session on Monday, surging 6 per cent to touch a lifetime high of Rs 2,54,174 per kilogram in futures trade amid strong investor demand and bullish global trends. On the Multi Commodity Exchange (MCX), silver futures for March delivery surged Rs 14,387, or 6 per cent, to hit a new record of Rs 2,54,174 per kilogram. The white metal has been witnessing robust buying interest from traders, tracking firm trends in the international markets. Meanwhile, gold futures hovered near all-time highs in the domestic futures market. On the MCX, the yellow metal for February delivery gained by Rs 357, or 0.26 per cent, to Rs 1,40,230 per 10 grams. It had scaled a fresh peak of Rs 1,40,465 per 10 grams on Friday. In the international markets, gold futures opened on a positive note but later trimmed all its early gains to trade lower at USD 4,536.80 per ounce, down by USD 15.90, or 0.35 per cent, as investors booked profits af
Silver prices rallied over 15 per cent last week to scale a fresh record high of Rs 2.42 lakh per kg in the futures market, driven by strong industrial demand, expectations of US interest rate cuts next year and mounting concerns over supply disruptions. The rally in the domestic market mirrored the white metal's record run in global markets, where it hit an all-time high of USD 79.70 per ounce, surging over 11 per cent in a single day on Friday. Rising for the fifth consecutive day on MCX, silver futures for March 2026 delivery zoomed by Rs 18,210, or 8.14 per cent, to touch a new record of Rs 2,42,000 per kilogram, before settling at Rs 2,39,787 per kg on Friday. In a holiday-shortened week, the white metal soared by Rs 31,348, or 15.04 per cent, from Rs 2,08,439 per kilogram, since December 19, reflecting aggressive buying by traders amid heightened volatility. During the calendar year, silver prices have delivered stellar returns, rising by Rs 1,52,554, or nearly 175 per cent,