Silver prices gain 1% at Rs 2.37 lakh on Jan 1, gold opens flat. What should investors do in 2026?

[hfe_template id='11223'] [ad_1]
Gold and silver prices started 2026 on a mixed footing, with gold opening largely flat, while silver carried forward its remarkable rally from last year amid tight supply conditions, rising demand and a supportive interest rate environment.

Gold February futures opened at Rs 1,35,529 per 10 grams on the Multi Commodity Exchange (MCX), rising by over Rs 82, or 0.06%, from the previous close. Silver prices, however, outperformed sharply. The March futures contract surged by Rs 2,032, or 0.86% to open at Rs 2,37,732 per kilogram on the MCX. The rally follows an exceptional performance in the previous year, with silver prices having jumped by more than 150% in 2025.


Market participants are also factoring in the impact of Chinese export restrictions that come into effect from today, which are expected to influence silver prices during the year. According to Manoj Kumar Jain of Prithvifinmart Commodity Research, this development has “fueled a record rally in silver,” along with renewed geopolitical tensions between the United States and Venezuela.

Gold, meanwhile, continues to find support from expectations that real yields may remain constrained even as inflation moderates. Inderbir Singh Jolly of PL Wealth said such an environment has historically been supportive for gold prices. He added that while some consolidation is natural after a sharp run-up, the medium-term outlook remains positive, with gold expected to continue playing a critical stabilising role in diversified portfolios heading into 2026.


International markets were closed on January 1 on account of the New Year


Gold rates in physical markets


Gold Price today in Delhi


Standard gold (22 carat) prices in Delhi stand at Rs 99,032/8 grams while pure gold (24 carat) prices stand at Rs 1,08,024/8 grams.

Gold Price today in Mumbai


Standard gold (22 carat) prices in Mumbai stand at Rs 98,912/8 grams while pure gold (24 carat) prices stand at Rs 1,07,904/8 grams.

Gold Price today in Chennai


Standard gold (22 carat) prices in Chennai stand at Rs 99,832/8 grams while pure gold (24 carat) prices stand at Rs 1,08,912/8 grams.

Gold Price today in Hyderabad


Standard gold (22 carat) prices in Hyderabad stand at Rs 98912/8 grams while pure gold (24 carat) prices stand at Rs 1,07,904/8 grams.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

[ad_2] Source link https://mrgaga.in/silver-prices-gain-1-at-rs-2-37-lakh-on-jan-1-gold-opens-flat-what-should-investors-do-in-2026/?feed_id=53547&_unique_id=69574dc39c56a

Comments

Post a Comment

Popular posts from this blog

India VIX jumps 100% in one month. Could fear levels take Nifty further down?

Image
[hfe_template id='11223'] [ad_1] Volatility in Indian equity markets has surged sharply over the past month, with the India VIX nearly doubling as geopolitical tensions and global uncertainty triggered aggressive selling in equities. India VIX, often referred to as the market’s fear gauge, has jumped close to 100% over the past month, reflecting growing nervousness among investors. The spike has coincided with a sharp correction in the broader market, with the Nifty 50 declining about 8% during the same period. The escalation of tensions involving the United States, Israel and Iran has intensified market anxiety in recent days, pushing crude oil prices sharply higher and triggering a global risk-off sentiment. However, analysts note that volatility had already been building even before the conflict escalated, reflecting broader concerns around global growth, foreign capital outflows and stretched valuations in equities. The heightened uncertainty translated into a sharp ...
Read more

Can Sensex, Nifty snap 2-day fall on Monday? 7 factors that could decide market mood this week

Image
[hfe_template id='11223'] [ad_1] Benchmark indices Sensex and Nifty ended the week on a bearish note, closing over a percent lower each as a deepening selloff in IT stocks rattled investor sentiment amid mounting fears of AI-led disruption. Further, stronger-than-expected jobs data for January dampened hopes of a US Fed interest rate cut. Here are 7 factors that could decide market action in the coming week: 1.) Infosys, Wipro ADRs rebound - After a brutal two-day selloff that saw Infosys and Wipro ADRs plunge as much as 14.5%, Friday’s session brought a much-needed breather. Bargain hunting kicked in at lower levels, sparking a sharp rebound as Infosys climbed 3% while Wipro gained 4%—helping both stocks close the week on a far stronger note. International brokerage firm JP Morgan has a message for panic-stricken investors: IT services firms are the indispensable "plumbers of the tech world" and their dividend yields have now hit levels last seen only during ...
Read more

Waaree Energies shares in focus after Q4 profit rises 34% to Rs 619 crore, revenue up 36%

Image
[hfe_template id='11223'] [ad_1] Waaree Energies shares will be in focus on Wednesday after the solar panel maker reported a strong Q4 performance, with net profit rising 34.1% year-on-year (YoY) to Rs 618.9 crore for the quarter ended March 31, 2025. In the same quarter last year, the company had reported a profit of Rs 461.5 crore. Revenue from operations jumped 36.4% to Rs 4,003.9 crore, up from Rs 2,935.8 crore in the year-ago period, according to the company’s regulatory filing. EBITDA more than doubled to Rs 922.6 crore in Q4 FY25, up 120.6% from Rs 418.3 crore in the same quarter last year. The EBITDA margin improved to 23% from 14.3% a year ago. The company produced 2.06 GW of solar modules in the fourth quarter, up from 1.35 GW in the same period last year. For the full year, module production reached 7.13 GW, compared to 4.77 GW in FY24. For the full financial year FY25, revenue rose 27.62% YoY to Rs 14,846.06 crore. Profit after tax more than doubled to Rs 1,9...
Read more