Commodity Market

Gold and silver rates today are showing a strong recovery, but both the precious metals are now approaching technically significant resistance levels

Despite a recent decline caused by a stronger dollar, gold remains resilient, showing a potential monthly gain of 1.1%. Analysts anticipate that geopolitical tensions and economic uncertainty will support gold prices in the near term.

Gold prices rose after hitting a two-week low earlier in the session, as markets awaited key US inflation data. However, escalating US-Iran war lifted crude oil prices higher and reinforced expectations of further interest rate hikes by the US Federal Reserve, keeping sentiment weak for bullion.

Copper prices dropped due to escalating US-Iran war, with LME three-month copper down 0.64%. The geopolitical tensions increased energy prices and inflation fears, while a stronger dollar led to lower demand for commodities like copper.

Gold, Silver Rate Today: Gold and silver prices in India opened lower on MCX, following weakness in global bullion prices, as escalation in the tensions between the US and Iran in the Middle East stoked inflation fears and lifted dollar.

Gold has fallen below the critical $4,000 level, sliding to around $3,960. Analysts predict potential rebounds due to oversold conditions, while long-term fundamentals remain supportive despite ongoing volatility tied to US interest rates and geopolitical factors.

During the first half of CY26, Comex gold prices have fallen more than 7%, while silver has corrected over 16%. In the domestic market, while MCX gold price has gained roughly 4% on a in 2026 so far, MCX silver price has declined more than 5% during the same period.

Robert Kiyosaki maintains a bullish outlook on gold, predicting a prolonged rally amid rising global debt and deteriorating economic conditions. He urges investors to consider physical assets and emphasizes the significance of gold and silver as 'real money' during economic uncertainty.

Gold and silver face continued pressure amid macroeconomic challenges. Analysts note gold dropped below $4,000, with bearish trends potentially pushing it further down. Despite near-term volatility, experts maintain a positive long-term outlook.

Stock market holiday: According to the NSE and BSE holiday calendars, the Equity Segment, Equity Derivatives Segment, Currency Derivatives Segment, NDS-RST and Tri-Party Repo segments will remain closed for trading on Friday.