Tata Mutual Fund advises staggered investment in gold and silver as the Iran conflict fuels geopolitical uncertainty and strengthens safe-haven demand
At 10:48 AM, among others, DSP Silver ETF and Axis Silver ETF up 4 per cent each
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
Gold ETFs were also under pressure. Axis Mutual Fund Gold ETF, Union Gold ETF, and The Wealth Company Gold ETF traded lower by over 4 per cent
In the current scenario, gold may continue to range trade with traders seeking more geopolitical clues before committing themselves, said Praveen Singh, head currencies and commodities at Mirae Asset
Crude oil trades near 7-month highs as US-Iran tensions sustain a $5-$6 risk premium. Analyst explains how Strait of Hormuz, Opec+ decisions, and current Brent oil prices shape oil market outlook
In February so far, MCX spot silver has fallen 25 per cent and gold has fallen nearly 6 per cent, according to data compiled by Bloomberg
China, being on holiday until February 23, has weakened the buying support in silver. However, geopolitical concerns continue to support.
Gold outlook: Spot gold continues to trade in its short-term range of $4,700-$5,100; however, moves have become quite volatile and choppy
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
The US has strengthened its military presence across the Middle East to increase pressure on Iran, while Iran continues to assert its stance on retaining the right to pursue nuclear capabilities
Since oil and gas prices did not join other commodities in their run up in the last few months, analysts believe they are likely to remain sideways at best, unless geopolitical events trigger a rally
Tata Gold ETF led the gains, climbing nearly 5 per cent to an intraday high of ₹15.8. Union Gold ETF rose 3 per cent, while Baroda BNP Paribas Gold ETF, Axis Gold ETF, DSP Gold ETF, Zerodha Gold ETF,
Mirae Asset Sharekhan maintains a constructive short- to medium-term outlook for crude oil, supported by elevated geopolitical risks and Opec+'s decision to hold production at December levels.
Commodity rout: Precious metals - Gold, Silver, Platinum have cracked up to 47.5%; base metals - aluminium, copper, zinc, lead and nickel - plunged up to 18% in global markets from January 29 highs.
Analysts at Mirae Asset Sharekhan expects WTI Crude oil futures to trade within a broader $59-$66 per barrel range in the coming weeks.
Best way to invest in Gold, Silver: Analysts said investors could invest in gold and silver in a staggered manner, such as via ETFs, to manage volatility and risks
MCX share price moved higher on Tuesday after the exchange reported strong financial performance for the December quarter of FY26 (Q3FY26).
The Shanghai exchange unveiled an internationalisation plan last May, which included a proposal to allow overseas investors to post foreign exchange as collateral for yuan-denominated trades
While Brent should retain a geopolitical risk premium, it is similarly forecasted to retreat toward $56-$57/b as supply growth from non-OPEC+ producers outweighs softening demand