Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One believes that the technical set-up of Titan, Kalyan Jewellers and Hindustan Zinc suggests further upside for these stocks.
Gold and silver futures advanced as easing West Asia tensions boosted hopes the US Federal Reserve may delay further interest rate hikes
In the very short-term, silver can test the resistance around $61, with interim resistance at $59.45. Support is seen at $576.75/$54, while resistance is at $61.
Even if silver performs, we believe the weightage for gold could be higher in one's portfolio, said Manav Modi of MOFSL.
Experts advise investors to avoid aggressive buying and accumulate gold and silver gradually on dips as Fed policy uncertainty keeps precious metal prices volatile
Gold futures edge higher on short covering even as a firmer dollar and elevated US Treasury yields cap gains, while silver trades lower
The yellow metal of 99.9 per cent purity climbed Rs 1,400 to Rs 1,46,900 per 10 grams (inclusive of all taxes) from Friday's closing level of Rs 1,45,500 per 10 grams
Gold and silver futures traded higher in domestic and global markets as escalating geopolitical tensions boosted demand for safe-haven assets
Hawkish Fed commentary and escalation in the US-Iran conflict will keep silver under pressure in the short term. The white metal is quite oversold but can extend its decline to test key support at $54
Gold and silver futures opened lower on both MCX and Comex, with prices remaining under pressure during Wednesday's trading session despite ongoing global uncertainties
Silver is expected to be highly volatile and choppy in the short run due to the evolving situation in West Asia. However, as West Asia conflict is likely to remain contained, traders may buy the dips.
Gold prices slipped Rs 150 to Rs 1,50,650 per 10 grams in the national capital on Monday, and silver dropped Rs 5,000, as a sluggish global trend and a firm US dollar prompted traders to trim positions in precious metals. The precious metal of 99.9 per cent purity had closed at Rs 1,50,800 per 10 grams in the preceding session. Silver snapped its four-day rally, declining Rs 5,000 to Rs 2,40,000 per kilogram (inclusive of all taxes) from Friday's closing level of Rs 2,45,000 per kg, according to local dealers. Traders said the market remained range-bound as investors balanced lingering geopolitical risks in West Asia against a stronger greenback and expectations surrounding the US Federal Reserve's monetary policy. "Gold prices experienced a slight decline in the domestic markets on Monday, as investors navigated the complex landscape of Washington-Tehran relations while awaiting key inflation data from the US," said Gaurav Garg, Research Analyst at Lemonn Markets Desk. In the ...
Silver prices rebounded on Warsh's remarks in the ECB panel discussion on July 1, and a weaker-than-expected nonfarm US payroll report for June.
For the second-half of 2026, upside for Gold and Silver seems to be capped around $4,400 and $90, says Anindya Banerjee, Head of Commodity and Currency Research, Kotak Securities:
Gold and Silver ETFs dipped 1% in Wednesday's trade due to a fall in precious metal prices. Analysts say gold is falling as fears of higher-for-longer US interest rate environment strengthened the US$
Gold and silver prices swung sharply on Thursday, recovering from steep early losses as bargain buying emerged despite pressure from a stronger dollar
Analysts said silver ETFs have corrected more sharply than gold ETFs as silver functions both as a precious metal and an industrial commodity
A sell-off in precious metals, especially Silver, owing to strength in the US dollar and hawkish US Federal Reserve stance, triggered selling pressure in metal stocks on Thursday, say analysts.
Silver was trading at $66, down 7.78 per cent from June 17 high of $71.57.
At the time of writing, the MCX gold contract was trading ₹2,031 lower at ₹1,47,278