Gold, Silver Set for Strength Next Week; Analysts Eye Fed Minutes, Strong 2026 Outlook

• Gold and silver are expected to retain strength next week as traders await US Fed's FOMC meeting minutes for monetary policy cues.
• Precious metals show strong upward momentum for 2026, driven by global rate cuts, safe-haven demand, and firm industrial use.
• Gold futures on MCX gained 4.23% to a lifetime high of Rs 1,40,465; silver soared 15.04% to a record Rs 2,42,000 last week.
• Analysts forecast gold to reach Rs 1,50,000-1,60,000 and silver Rs 2,75,000 on MCX in 2026, despite potential moderation in gains.
• China's upcoming silver export restrictions from Jan 2026 are expected to disrupt global supply chains, further supporting silver prices.

Why It Matters: Gold and silver poised for continued strength, fueled by Fed cues, rate cuts, and industrial demand.