Gold and silver may stay volatile in the near term, but today's bounce shows investors are still willing to buy dips. Whether the recovery holds will depend on global cues and key support levels.
India became one of the largest buyers of discounted Russian crude after 2022, a trend that helped reduce its import bill. US President Donald Trump's announcement indicates that these purchases will eventually decline, but the immediate impact is expected to be limited.
On the Multi Commodity Exchange, silver prices jumped sharply, while gold also posted strong gains in early trade. MCX silver was trading around Rs 2,53,792 per kg, up Rs 17,531 or 7.42% as of 10 am. MCX gold was near Rs 1,49,101 per 10 grams, higher by Rs 5,110 or 3.55%.
On the Multi Commodity Exchange (MCX), silver prices have dropped sharply from their record peak, while gold has also seen a strong correction.
After touching record highs in recent weeks, silver prices have cooled sharply. The metal has slipped by nearly Rs 17,000, prompting investors to pause and reassess whether this fall is a buying opportunity or a sign to stay cautious.
Gold and silver prices have tumbled sharply over the past few days. Read on to know the reason behind the rapid decline, and whether investors should buy or wait for further correction.
In India, the correction in global prices has filtered into domestic bullion markets as well. Gold was priced at Rs 143,460 per 10 grams, down by Rs 4,780 or 3.22% as of 9:55 am.
Silver prices saw a sharp reversal, sliding 9% and losing close to Rs 27,000 in a single day. The sudden fall has left investors weighing a key question, is this a buying opportunity, or a sign to stay cautious?
A steep sell-off has rattled the precious metals market, as gold dropped over 6% and silver crashed more than 8% in a single session. With volatility rising, investors are now asking what the next move should be.
Silver has finally cooled after a record-breaking rally. With prices stabilising and demand still strong, the real question is simple: will you use this dip to start buying?
After a strong rally that pushed gold and silver to record levels, ETFs tracking the precious metals saw a steep fall on January 30. The sharp correction has sparked fresh questions about whether the dip is worth buying or if volatility may deepen further.
If the sudden drop in gold and silver prices has caught your eye, it's worth knowing what's driving the mood right now.
The unstoppable gold and silver rally has been fuelled by global uncertainty, strong demand and powerful technical momentum that have kept precious metals on an unbroken upward run.
A major reason behind the spike is growing concern about a silver shortage. Global inventories have been tightening because demand from industries has grown faster than supply. Silver is used in solar panels, electric vehicles, electronics and high-tech manufacturing.
With markets on edge, investors are once again turning to precious metals, but not all shine equally. Gold remains a trusted store of value, while silver's recent surge has exposed its higher volatility and cyclical risks.
Gold and silver remain firmly in an uptrend, but analysts warn the rally is getting stretched. With prices at record levels, should you buy precious metals or avoid them?
Silver prices are enjoying a rally like never before. On Tuesday, the white metal suddenly jumped by about Rs 25,000, leaving investors wondering whether this is a short-term spike or the start of a bigger trend.
Gold futures jumped over 1.7% to hit a record high of Rs 159,820 per 10 grams. Silver futures saw an even sharper move, rising around 6% to touch a record high of Rs 354,780 per kg.
With gold touching new lifetime highs, the metal has once again proved its role as a refuge in uncertain times. But for investors, the rally raises a key question: what is the right move at current levels? Let's have a look.
While the domestic trend remains sharply bullish, experts say understanding the broader backdrop can help investors think about why the rally is persisting and what it could mean for portfolios this year.
