The Macro Backdrop: Navigating the 2026 “Soft Landing”

The cornerstone of Standard Chartered’s mid-year framework rests on a global economic “soft landing” base-case scenario. In this environment, growth scales back moderately without pushing major economies into a full-scale recession, while persistent inflation continues its gradual cooling process.

• Mitigated Threats: Due to a softening in global energy prices, the extreme tail-risks of stagflation or severe economic contraction have notably receded, though they are not completely eliminated.
• First-Half Momentum: Backed by robust corporate earnings growth and unrelenting momentum surrounding artificial intelligence (AI), global equities climbed roughly 12% during the first half of 2026.
• Absorbing Headwinds: This powerful equity performance successfully buffered major macroeconomic challenges, including high bond yields, geopolitical friction, and steep crude oil prices.

Strategic Asset Allocation: Top Market Preferences

The S&P 500 target of 7,950 is constructive but not aggressive given the 12% gain already posted by global equities in the first half, and the soft-landing framing suggests the bank sees the earnings backdrop holding rather than deteriorating. Within markets, the bank’s strategy favors the following allocations:

Equities: Highly favored by Standard Chartered. Strong focus on U.S. stock markets and Asia ex-Japan equities.

Fixed Income: Selectively constructive outlook. Preference for Emerging Market USD-denominated bonds. Overweight compared to traditional developed-market debt.

Gold as the Preferred Portfolio Diversifier

Gold is identified as Standard Chartered’s preferred portfolio diversifier, sitting alongside core alternative strategy holdings as the recommended hedge against the uncertainty the second half is expected to bring.

The 5,100 dollar per ounce target by mid-2027 represents a meaningful extension of the metal’s recent run and underlines the bank’s view that the case for gold as a portfolio anchor remains intact even as geopolitical risk partially recedes.

Critical Turning Points for H2 2026

According to Steve Brice, Global Chief Investment Officer at Standard Chartered, financial markets are moving into a much more demanding phase. Volatility must be anticipated, and investors should be ready to actively harvest opportunities when market swings occur.

The bank highlights four crucial market “pivot points” that could rapidly change asset valuations or choke off index gains in the months ahead:

• Energy prices: Evolving trends in the energy market.
• High IPO supply: Heavy issuance environment coming to market can absorb equity market liquidity quickly.
• Investor positioning: The state of investor positioning and sentiment.
• Central bank policy: The evolving stance and policy of central banks.

FAQ’s

1. What is Standard Chartered’s gold price forecast?
Standard Chartered expects gold prices to reach 5,100 dollar per ounce by mid-2027, citing its role as a long-term portfolio diversifier and hedge against economic uncertainty.

2. What is the bank’s outlook for global financial markets?
The bank remains broadly optimistic and expects a global economic soft landing, where growth slows moderately without triggering a recession while inflation continues to ease gradually.

3. Which asset classes does Standard Chartered currently favor?
The bank prefers U.S. equities and Asia ex-Japan stocks, selectively favors emerging-market dollar-denominated bonds, and recommends gold as a key portfolio hedge.

4. Why does Standard Chartered consider gold a preferred portfolio diversifier?
The bank believes gold provides protection against market volatility, geopolitical uncertainty, inflation risks, and potential shifts in central bank policies, making it a valuable long-term portfolio anchor.

5. What risks could impact markets in the second half of 2026?
Standard Chartered identifies four major risks: changes in energy prices, heavy IPO activity, shifts in investor sentiment and positioning, and evolving central bank policies that could influence asset valuations and market performance.

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As I walked through the bustling corridors of the conference venue, it was impossible not to notice the sense of camaraderie. Bullion Traders, miners, refiners, investors, jewellers and analyst from across continents greeted each other as if they’d known one another for decades. What happens among nations may vary — trade tensions, geopolitical disputes, or currency wars — but gold, the eternal asset, remains the common ground. It neither perishes nor discriminates; it simply changes hands through the ages.

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In many ways, gold is like God — remove one letter, and the meaning transforms but the reverence remains. Across the world, it commands respect and devotion beyond nationality or belief. In India, for example, gold is worshipped during Diwali as the embodiment of Goddess Lakshmi, the divine symbol of wealth and prosperity.

The Kyoto conference, held in the last week of October, gathered the who’s who of the global bullion industry to reflect on the year gone by and to debate what lies ahead. A key sentiment echoed through every panel and corridor: tariff uncertainty remains a major concern, not just for gold but for the global economy. Yet, amid that concern, there was an undercurrent of optimism that such headwinds may ease in 2026.

A Global Market, A Global Mindset

LBMA CEO Ruth Crowell captured the spirit of this transformation:

“We’ve all seen the price climb, but I think another aspect to look at is the volume. The volume of trading in London has also grown with the price. But also, the volume of participants is growing. I’ve spent some time over the last few days asking, where are these investors coming from? And truly, the answer is global. It’s not just one geography. There are significant investors around the world who want to understand not just how they can take advantage of the short-term price rally, but also how they can add gold as a strategic asset — not just as a safe haven.”

Crowell further added that the perception of gold is evolving beyond the traditional view of safety and liquidity:

Industry Outlook: Stronger Miners, Busier Refiners

On the supply side, miners appear to have regained strength after several lean years. The past 18 months have been among the busiest for refineries — particularly those in Switzerland, which benefited most from the tariff uncertainty. Bullion dealers were equally buoyant, driven by record-high prices.

However, jewelry manufacturers faced headwinds as high gold prices dampened demand. The clear winners of this cycle have been investors — both retail and institutional — who enjoyed handsome returns from gold and silver’s remarkable rally.

Central banks, particularly in emerging markets, continue to accumulate gold, though the pace may moderate in the coming quarters. In contrast, the big Western central banks appear less inclined to increase their reserves at current levels.

The 3Ds Driving Gold: Debasement, De-dollarization, Diversification

According to Nikki Shells, Research Head at MKS PAMP, the current cycle is being powered by three overlapping structural trends:

“Your 60-40 portfolio is now being reworked, and we’re looking at potentially upping allocations. People have talked about a 20% allocation to gold — it’s massive. But the fact is investors just don’t trust US bonds, not even just US, but generally G7 bonds. So that diversification, de-dollarization, and debasement trade are all happening at the same time. They’re linked. And I think that’s what’s keeping gold in vogue.”

Market Forecasts: A Bright Year Ahead

The LBMA Global Precious Metals Conference Annual Survey revealed that the outlook for 2026 remains positive across the precious metals spectrum.

Conclusion: Gold — The Eternal Monarch

As the conference concluded, one thought stayed with me — gold is not just a metal; it is a bridge that connects nations and centuries.

From Kyoto’s tranquil temples to the trading floors of London and Mumbai, gold’s influence transcends boundaries. Whether held by central banks, investors, or worshipped by families on Diwali, it remains a universal symbol of trust and value.

In the end, one truth stands firm — gold is the only ruler of the world.
If you possess gold, you already hold a kingdom in your hands.

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UBS Maintains Bullish Gold Outlook for 2025 and 2026
UBS continues to hold a bullish long-term view on gold. “Given the downside risks to growth, we think the United States Federal Reserve (Fed) will continue to ease its policy, thus creating a positive backdrop for gold,” said Joni Teves, Precious Metals Strategist at UBS, during a virtual media briefing. The bank has reaffirmed its gold price forecast of US$3,500 per ounce for both 2025 and 2026, although Teves warned of a potential slowdown in the rally by mid-to-late 2025.

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Near-Term Consolidation Likely, Physical Demand Rising
Teves also highlighted a buying opportunity for investors. “For physical investors, gold demand has picked up across various regions during the first quarter of 2025, and we think this will continue for the remainder of the year,” she said, hinting at a healthy physical market backdrop even amid potential consolidation.

Japan’s Economy Contracts More Than Expected
Japan’s economic outlook added to global market concerns. Preliminary government data showed the economy shrank by 0.2% in the March quarter, marking its first contraction in a year. On an annualized basis, GDP fell 0.7%, significantly worse than the 0.2% drop forecasted by Reuters, primarily due to a sharp decline in exports.

Putin Snubs Ukraine Talks; Trump Insists on Personal Role
The geopolitical situation escalated as Russian President Vladimir Putin sent a lower-level delegation to the peace talks in Turkey, declining a face-to-face meeting with Zelenskiy. Ukrainian President Zelenskiy responded by sending his defense minister to lead the delegation. Meanwhile, U.S. President Donald Trump said there would be “no movement” unless he personally met with Putin.

Trump Stirs Middle East Tensions, Reveals Progress with Iran
President Trump also made waves during his Gulf tour by expressing intentions to take over the Gaza Strip and “make it a freedom zone.” He further stated that the U.S. was close to securing a nuclear deal with Iran, saying Tehran had “sort of” agreed to the terms. “We’re in very serious negotiations with Iran for long-term peace,” Trump said, according to an AFP pool report.

Powell Flags Structural Economic Challenges
At a policy conference, Federal Reserve Chair Jerome Powell warned that long-term interest rates could remain elevated due to structural changes in the economy and policy uncertainty. “More frequent and persistent supply shocks are a significant challenge for both the economy and central banks,” Powell said.

Global and Domestic Markets Close Higher
Gold June futures settled at $3,226.60 per troy ounce, up 1.20%, while silver July futures ended at $32.68, up 0.73%. In Indian markets, gold closed at ₹93,169 per 10 grams and silver at ₹95,915 per kg, both marking gains. The recovery followed earlier declines driven by U.S.-China trade optimism and Iran deal hopes, but prices rebounded on mixed U.S. data and a weaker dollar.

U.S. Data Supports Precious Metals Recovery
The U.S. Producer Price Index (PPI) dropped 0.5% month-on-month, contrasting expectations of a 0.3% rise. Better-than-expected U.S. retail sales, a weaker dollar index, and falling U.S. 10-year bond yields also supported gold and silver prices.

Market Outlook from Prithvi Finmart
Manoj Kumar Jain, Director at Prithvi Finmart, commented on the short-term trend:
“We expect gold and silver prices to remain volatile in today’s session amid volatility in the dollar index and US inflation expectations data; gold prices could hold its key support level of $3,140 per troy ounce and silver prices could also hold $31.40 per troy ounce levels.”
He added, “Gold has support at $3,200–3,174 and resistance at $3,250–3,280 per troy ounce, while silver has support at $32.40–32.10 and resistance at $33.00–33.30. We suggest buying silver around 95,500 with a stop loss of 95,000 for a target of 96,650.”

Currency Market Volatility Likely
On the rupee, Jain noted:
“We expect the rupee to remain volatile in today’s session amid dollar index fluctuations and global financial market cues. The pair could trade in the range of 85.0600–86.1500.”
“As per the daily technical chart, support is at 85.3500–85.0600 and resistance is at 85.8000–86.1500. The pair is trading above its support level of 85.0600 and is expected to stay in the 85.0600–86.1500 range today.”

Technical Levels from Kedia Commodity
According to Kedia Commodity, gold saw short covering with a 6.64% drop in open interest to 11,079, as prices rose ₹904.
Gold support lies at ₹91,555 with further downside to ₹89,945, while resistance is at ₹94,110. A breakout could push it to ₹95,055.
Silver is showing fresh buying with a 1.5% rise in open interest to 20,526. Support is at ₹94,410 and ₹92,910; resistance lies at ₹96,800, with potential to test ₹97,690.

IIDM Levels Suggest Upside Above $3,260
IIDM’s daily update suggests that gold faces resistance at $3,260, above which an upward move toward $3,300–3,330 is likely. Strong support remains at $3,200, and a break below this could lead to a further dip to $3,150–3,100.

JM Financial Gold and Silver Forecast for the Day

Nirmal Bang Prediction for Gold and Silver Prices

Geojit Group Outlook for gold silver today

SMC Global outlook for Today Gold and Silver

Motilal Oswal Group Gold Price Prediction

Big Events of The Week

Monday, May 12, 2025
07:55 PM – US – Fed Kugler Speech
11:30 PM – US – Monthly Budget Statement (April)

Tuesday, May 13, 2025
06:00 PM – US – Core Inflation Rate MoM (April)
06:00 PM – US – Inflation Rate MoM (April)

Wednesday, May 14, 2025
02:45 PM – US – Fed Waller Speech
06:40 PM – US – Fed Jefferson Speech

Thursday, May 15, 2025
02:30 PM – Eurozone – GDP Growth Rate QoQ 2nd Estimate (Q1)
06:00 PM – US – Retail Sales MoM (April)
06:00 PM – US – Core PPI MoM (April)
06:00 PM – US – Initial Jobless Claims (Weekly)
06:10 PM – US – Fed Chair Powell Speech
06:45 PM – US – Industrial Production MoM (April)

Friday, May 16, 2025
05:20 AM – Japan – GDP Growth Rate QoQ Preliminary (Q1)
07:30 PM – US – Michigan Consumer Sentiment Preliminary (May)

Other Major Events This Week
China–US Trade Talks
President Trump’s Visit to the Middle East

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The tariffs will take effect from midnight, according to U.S. Customs and Border Protection, which announced it is prepared to collect country-specific duties from 86 trade partners starting 12:01 a.m. ET. President Donald Trump, spearheading the tariff initiative, remarked, “China wants to make a deal, badly, but they don’t know how to get it started.”

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The move has triggered global market volatility. The offshore yuan has plunged to record lows, and all eyes are now on how Beijing will respond. Meanwhile, the European Commission has signaled willingness to negotiate with the U.S. on tariffs while simultaneously preparing countermeasures.

Amid these developments, Deutsche Bank has significantly raised its gold price projections. The bank now expects gold to average $3,139 in 2025 and $3,700 in 2026, citing escalating geopolitical risks and economic uncertainty.

“We conclude that the bull case for gold remains strong despite this week’s correction and further upgrade our year-end (fourth quarter 2025) forecast to $3,350 per ounce,” Deutsche Bank said in a note released Monday.

Adding fuel to the rally, the World Gold Council reported the fourth consecutive month of global gold ETF inflows in March, with assets increasing by 92 tonnes to reach 3,445.3 tonnes. The total assets under management (AUM) surged to an all-time high of $345 billion, up 13% for the quarter.

However, India bucked the global trend, recording an outflow of 0.4 tonnes in March, marking the end of an 11-month inflow streak. AUM fell from 64.2 tonnes to 63.8 tonnes, possibly due to profit booking. Among the top 15 ETFs facing outflows were Nippon India ETF Gold BeES and Kotak Gold ETF, at the 8th and 9th spots respectively.

Market Update

In the international markets on Tuesday, Gold June futures settled at $2,990.20 per troy ounce, up 0.56%, and Silver May futures ended at $29.686, gaining 0.28%. In domestic trade, MCX Gold June closed at ₹87,648 per 10 grams, up 0.83%, and Silver May futures at ₹88,744 per kg, rising 0.56%.

Both metals witnessed heightened volatility amid short covering and bargain buying, but pulled back from day’s highs post the tariff announcement.

According to Manoj Kumar Jain, Director at Prithvi Finmart, gold and silver are expected to stay volatile this week due to the dollar index and trade war dynamics.

“Gold has support at $2,888 and silver at $28.00 per troy ounce. For today, gold has support at $2,972–2,940 and resistance at $3,022–3,050. Silver support lies at $29.20–28.80 and resistance at $30.00–30.45,” said Jain.
“On MCX, gold has support at ₹87,000–₹86,350 and resistance at ₹88,200–₹88,850, while silver’s support is at ₹87,700–₹86,650 and resistance at ₹89,500–₹90,400. We suggest selling gold near ₹88,100 with a stop loss of ₹88,650 for a target of ₹87,000,” he added.

As global markets digest the full impact of U.S. tariff policy and shifting geopolitical tides, gold’s safe-haven appeal looks set to remain strong—especially with leading banks like Deutsche Bank turning more bullish on its long-term prospects.

Kedia Commodity
Gold Support is pegged at ₹87,185, with a break below exposing ₹86,725. On the upside, resistance lies at ₹88,275, and a breakout above could test ₹88,905. Silver Support is seen at ₹87,915, with further downside potential to ₹87,090, while resistance is at ₹90,020, and a breakout could test ₹91,300.

IIDM Daily update
Key resistance is located at 2995 above which we can see an upside move towards 3010-3025. Crucial support is seen a 2965 below which a further dip towards 2950-2930 can be seen.

Wednesday, April 9
11:30 PM (US) – FOMC Meeting Minutes

Thursday, April 10
07:00 AM (China) – Inflation Rate YoY (March)
06:00 PM (US) – Core Inflation Rate MoM (March)
06:00 PM (US) – Inflation Rate MoM (March)
06:00 PM (US) – Initial Jobless Claims (April)

Friday, April 11
06:00 PM (US) – PPI MoM (March)
06:00 PM (US) – Core PPI MoM (March)

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“If war is what the U.S. wants, be it a tariff war, a trade war, or any other type of war, we’re ready to fight till the end,” the Chinese Embassy in the U.S. stated in a post on X on Wednesday, signaling an aggressive stance. A Chinese foreign ministry spokesperson also dismissed U.S. fentanyl-related justifications for imposing tariffs as a “flimsy excuse.”

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“Intimidation does not scare us. Bullying does not work on us. Pressuring, coercion or threats are not the right way of dealing with China. Anyone using maximum pressure on China is picking the wrong guy and miscalculating. If the U.S. truly wants to solve the fentanyl issue, then the right thing to do is to consult with China by treating each other as equals.,” the spokesperson added.

ECB Decision in Focus
Markets are closely watching the European Central Bank (ECB) meeting today, with analysts expecting a sixth consecutive rate cut. The policy decision is scheduled for 6:45 PM IST.

Tariff Uncertainty Continues
On the trade front, President Trump has decided to delay auto tariffs on Canada and Mexico for another month and is considering agricultural exemptions for both countries.

Gold & Silver Market Update
On Wednesday, gold and silver prices settled positively in international markets. Gold April futures closed at $2,926.00 per troy ounce, up 0.18%, while silver May futures gained 2.33%, closing at $33.134 per troy ounce. In the domestic market, gold April futures fell 0.22% to ₹85,833 per 10 grams, while silver May futures rose 1.34% to ₹97,542 per kilogram due to a stronger rupee.

Weak U.S. employment data fueled demand for safe-haven assets. The U.S. ADP report showed only 77,000 new jobs in February, far below the expected 141,000 and significantly lower than the previous month’s 183,000, supporting gold and silver prices. The dollar index dropped to a five-month low, further boosting precious metals. Meanwhile, a stronger-than-expected ISM services PMI report supported silver prices.

However, rising U.S. bond yields and the possibility of a Russia-Ukraine peace deal could cap gains in the near term.

Market Outlook
Manoj Kumar Jain, Director at Prithvi Finmart, expects gold and silver to remain volatile this week due to fluctuations in the dollar index and ongoing U.S.-China trade tensions. He sees gold holding key support at $2,800 and silver at $29.80 per troy ounce on a weekly closing basis.

Gold Levels by Manoj Kumar Jain:

Support: $2,908–$2,892 | Resistance: $2,940–$2,955
MCX Support: ₹85,500–₹85,220 | Resistance: ₹86,080–₹86,360
Silver Levels y Manoj Kumar Jain::

Support: $32.80–$32.55 | Resistance: $33.40–$33.74
MCX Support: ₹96,800–₹96,150 | Resistance: ₹98,100–₹98,850
Jain suggests buying silver around ₹97,000 with a stop loss of ₹96,350 for a target of ₹98,400.

Big Events of The Week
Thursday, March 6, 2025
United States:
07:00 PM – Initial Jobless Claims (March 1)

Eurozone:
06:45 PM – ECB Interest Rate Decision
07:15 PM – ECB Press Conference

Friday, March 7, 2025
United States:
02:00 AM – Fed Waller Speech
07:00 PM – Non-Farm Payrolls (February)
07:00 PM – Unemployment Rate (February)
11:00 PM – Fed Chair Powell Speech

Eurozone:
03:30 PM – GDP Growth Rate QoQ (3rd Estimate, Q4)

Sunday, March 9, 2025
China:
07:00 AM – Inflation Rate YoY Final (February)

These key economic and geopolitical events will shape market sentiment and drive global financial trends throughout the week.

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Motilal Oswal Group forecasts a strong upside for gold prices, predicting a rally past ₹91,000 per 10 grams in the next three months. The firm attributes this to geopolitical tensions, rising U.S. debt, shifting interest rate expectations, and President Donald Trump’s leadership, calling 2025 the “Year of Volatility.”

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Gold has already surged over 10% in the first month of 2025, showing no major signs of weakness. The group’s quarterly report maintains a “Buy on Dips” strategy, expecting support at ₹78,000, with any decline toward ₹82,000 seen as a buying opportunity. Target levels stand at ₹88,500 and ₹91,500, while Comex gold is projected to hit $3,000–$3,100 per ounce, assuming USD/INR at 87.

“However, bouts of correction or profit booking could be witnessed from the higher side. We maintain Buy on Dips stance for Gold; in terms of price projections: support is near ₹78,000; any dips towards ₹82,000 could be used for accumulating further, for targets towards ₹88,500 and ₹91,500 on the domestic front & assuming USDINR at 87: $3,000 and $3,100 on Comex,” the Motilal Oswal report stated.

Geopolitical Developments Impacting Gold Prices

Global uncertainty continues to shape the market outlook:

• Trump’s Strategic Crypto Reserve
  President Donald Trump announced the creation of a “strategic crypto reserve”, which will include Bitcoin, Ether, XRP, Solana’s SOL, and Cardano’s ADA, marking his first explicit support for a crypto “reserve” rather than a “stockpile.”
• Pressure on Zelensky to Resign
  National security adviser Waltz suggested Ukraine needs new leadership, while Senator Marco Rubio confirmed he has not spoken to President Zelensky since their White House exchange. Meanwhile, Democrats criticized the White House for holding talks with Russian officials without Ukraine’s involvement.
• Tariff Tensions Weigh on Market Sentiment
  Trump announced a 25% trade tariff on Mexico and Canada from March 4, alongside an additional 10% tariff on China, leading to market jitters. However, his efforts to broker peace between Russia and Ukraine have eased some safe-haven demand for gold.

Market Outlook & Technical Analysis

Gold & Silver Price Forecast

Despite short-term fluctuations, analysts expect gold and silver to hold key support levels in the international markets:

• Gold: Support at $2,800 per ounce, Resistance at $2,884–$2,900 per ounce
• Silver: Support at $29.80 per ounce, Resistance at $31.55–$31.80 per ounce

According to Manoj Kumar Jain, gold and silver will likely remain volatile this week due to movements in the dollar index and ongoing U.S. trade disputes.

• MCX Gold: Support at ₹83,820-₹83,500, Resistance at ₹84,500-₹84,850
• MCX Silver: Support at ₹93,650-₹93,000, Resistance at ₹95,000-₹95,850

Jain advises waiting for market stability before initiating fresh positions.

Kedia Commodity Outlook

• Gold: Long liquidation is underway, with open interest dropping by 7.11% to 14,040 contracts. Support is seen at ₹83,865, with a potential drop to ₹83,510, while resistance is at ₹84,745, with a possible move toward ₹85,270.
• Silver: Support is at ₹93,740, with a possible test of ₹93,145, while resistance is at ₹95,040, with potential upside toward ₹95,745.

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Meanwhile, geopolitical concerns weighed on global markets as the United States signaled potential sanctions relief for Russia amid negotiations to end the Ukraine war. Treasury Secretary Scott Bessent stated on Thursday that the U.S. may increase or ease sanctions depending on Russia’s willingness to negotiate. President Donald Trump is pushing for a swift resolution to the three-year-long conflict, while his envoy, Kellogg, met with Ukrainian President Volodymyr Zelenskiy. Although the outcome of the meeting remains undisclosed, NATO leaders have emphasized the need for strong security guarantees in any peace agreement. Additionally, U.S. Representative Waltz urged Ukraine to sign a minerals deal, citing Trump’s frustration over delays.

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On Thursday, gold and silver prices rebounded, erasing previous session losses as the U.S. dollar index weakened and jobless claims surged. U.S. jobless claims rose to 219,000, exceeding expectations of 214,000, leading to increased safe-haven demand for precious metals. The ongoing trade tensions between the U.S. and the EU, as well as Trump’s tariff policies, have further fueled uncertainty, supporting gold and silver prices. However, a recovery in the Indian rupee against the U.S. dollar has capped gains in domestic markets.

Market Outlook

According to Manoj Kumar Jain, Director at Prithvi Finmart, gold and silver are likely to remain volatile amid fluctuations in the dollar index, the U.S. trade war, and upcoming U.S. manufacturing PMI data. He expects gold and silver to hold key support levels at $2,880 and $32.40 per troy ounce, respectively, on a weekly closing basis.

• Gold levels: Support at $2,934-$2,922, resistance at $2,970-$2,988 per troy ounce
• Silver levels: Support at $33.10-$32.80, resistance at $33.64-$34.00 per troy ounce
• MCX Gold: Support at ₹85,650-₹85,200, resistance at ₹86,360-₹86,720
• MCX Silver: Support at ₹96,400-₹95,750, resistance at ₹97,850-₹98,600

Jain suggests buying gold on dips around ₹85,650 with a stop-loss at ₹85,300 and a target of ₹86,350.

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Disclaimer:
The information provided in this article is for informational purposes only and reflects the views of industry experts. Before making any investment decisions, it is recommended that you consult a financial advisor. The team at Gold Price Today does not engage in personal buying, selling, or trading of gold or silver on exchanges. We are not responsible for any gains or losses incurred based on the information presented here