
Silver futures with March expiry jumped nearly 6.5 percent to hit a fresh lifetime high of Rs 3,79,400 per kilogram on Wednesday.

Renewed geopolitical tensions have been a key trigger for prices of preious metals to go up, says analyst.

The US implementation risk of a 25 percent tariff on South Korea has intensified concerns around global trade stability, reinforcing safe-haven demand in bullion, says analyst.

A fresh wave of first-time investors, especially across Asia and Europe, is aggressively building personal holdings of gold and silver, adding structural support to prices, says analyst.

The futures price of silve is up 5.89 percent from its previous close amid rise in geopolitical tension and continued industrial demand.

As long as gold holds Rs 1,50,000, the momentum remains intact, and prices could extend towards Rs 1,65,000 in the coming sessions, says analyst.

Silver futures on MCX with March expiry jumped more than 7% to hit a fresh lifetime high of Rs 3,59,800 per kilogram.

Gold’s dramatic rally – the metal has more than doubled over the last two years – drives home bullion’s historic role as a gauge of fear in markets.

The London Bullion Market Association's annual precious metals forecast survey shows analysts projecting gold rising as high as $7,150 and averaging $4,742 in 2026.

Gold is likely to stay on an upward path supported by safe-haven demand, central bank buying, and easing policies.

Gold’s dramatic rally – the metal has more than doubled over the last two years – drives home bullion’s historic role as a gauge of fear in markets.

ETFs remain effective instruments when price discovery is orderly. When it is not, outcomes become uneven — even in rising markets. So, participating in a bull market is not only about choosing the right asset. It is also about ensuring that the chosen instrument allows the investor to actually receive the return the asset delivers.

With Iran warning that any attack would be treated as “all-out war,” markets remain alert to the risk of disruptions through the Strait of Hormuz, which carries roughly 20% of global crude flows.

Commodity analysts advise investors not to chase the rally blindly.

Spot silver surged as much as 4.2% to $100.29 an ounce on Friday, bringing gains this year to almost 40% after prices more than doubled in 2025

Silver has delivered an exceptional rally of over 200% in the past 12 months, sharply outperforming gold’s 80% rise during the same period.

Commodity analyst predicts that dips are likely to attract buying interest on silver rather than signal a trend reversal.

The ETFs however are still away from their 52-week highs, which they had hit a day before yesterday before taking a breather from the rally.

While the ETFs are still away from their recent highs, the precious metals surged to fresh lifetime highs.

Analyst predicts that the right time to buy the metal is when the price stables over support levels.

The focus has shifted to the US Fed’s policy at the end of January and the Union Budget on February 1, both of which could influence volatility and currency movement, says analyst.

Bullion climbed to an all-time above $4,960 in early trading and is on track for a weekly gain of more than 7%, while silver also hit a record. A key gauge of the US currency’s strength is down 0.8% so far this week.

The sharper fall in silver ETFs compared to silver futures on MCX is largely a function of how Indian silver had moved into a speculative premium ahead of the Budget, an analyst said.

Silver price has fallen significantly as investors rushed to book profits amid renewed stance of the the US President Donald Trump on Greenland and tariff threats.

Gold ETFs also staged a partial recovery, with today’s top loser Birla Sun Life Gold ETF recovering around 6% from its day’s low.