When prices are making headlines, the urge to buy feels logical. But with precious metals, timing and expectations matter more than momentum.
Spot gold fell as much as 10% on Monday and is now down almost a fifth from an all-time high reached in the last-but-one session
Silver spot prices fell sharply, but physical silver still trades at high premiums, signaling strong demand amid claims of market manipulation and heavy leverage.
Gold and silver prices crashed globally after profit booking and rising expectations of a hawkish U.S. Federal Reserve chair.
Experts advised investors to diversify, avoid panic selling, and eye rebounds from central bank demand.
Silver saw even more dramatic moves. Prices crossed $120 per ounce last week — one of the strongest rallies in decades — before tumbling to $98.50 on Friday.
The increase means those who want to trade futures of gold, silver, platinum and palladium will need to put up more collateral to ensure they can meet their obligations.
Copper fell almost 4% in London, after surging above $14,000 a ton for the first time Thursday in its biggest intraday jump since 2008.
The sharp fall in gold and silver's global prices comes amid speculations that the US Federal Reserve may get a more hawkish chair.
The price of bullion has skyrocketed is recent weeks, with the yellow metal advancing more than 20% since the start of January, despite a pullback on Friday
This year, silver prices have risen Rs 1,65,500, or 69.2 per cent, from Rs 2,39,000 per kg recorded at the end of last year.
MCX said it will increase the strike price interval for silver and silver mini options to Rs 1,000 from Rs 250 from January 29, 2026, with the changes applicable to both existing and new contracts.
Silver's explosive 250% rally has pushed it to record highs, but signs of demand destruction and institutional profit-taking suggest the historic surge may be losing momentum.
Silver has delivered an exceptional rally of over 200% in the past 12 months, sharply outperforming gold’s 80% rise during the same period.
Spot gold was up 1.4% at $5,259.78 an ounce by 09:13 a.m. ET (1413 GMT) after touching a record $5,311.31. Prices gained more than 3% in the previous session
While safe-haven demand and industrial catalysts remain supportive, experts caution that this is not the optimal entry point for fresh allocations.
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.
In the past year, gold has risen about 92 percent and silver around 236 percent, driven by rising trade uncertainties, volatile markets, and rising industrial demand
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
Indian silver ETFs often trade at sharp premiums or discounts due to strong retail demand and supply constraints, but investors are advised to stay invested as structural drivers for silver remain intact.
A sharp rally in silver prices, coupled with a surge in imports, has fuelled expectations of a possible import duty hike in the upcoming Budget, driving futures to record highs and widening premiums on the MCX.
While the ETFs are still away from their recent highs, the precious metals surged to fresh lifetime highs.
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.
ETF prices can fall more sharply when investors rush to sell, even if the actual gold and silver prices in the futures market move only slightly
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.