Gold, Silver Prices Soar: Geopolitical Tensions Fuel Rally, No Major Correction Expected

Commodities
C
CNBC TV18•12-01-2026, 16:00
Gold, Silver Prices Soar: Geopolitical Tensions Fuel Rally, No Major Correction Expected
- •Gold and silver prices are rising due to global uncertainty, geopolitical tensions, and US policy concerns.
- •Surendra Mehta predicts gold will reach $4,900 and silver $95, with further upside to $110 for silver.
- •Key triggers include tensions in Iran, Venezuela, Greenland, weak US job data, and planned US tariffs.
- •Gold sees strong ETF inflows, especially from India; silver experiences heavy physical demand in China and Dubai.
- •No significant correction is expected; dips are seen as buying opportunities due to global economic and geopolitical misalignment.
Why It Matters: Gold and silver prices are set for continued rally, driven by global instability, with no major correction in sight.
✦
More like this
Loading more articles...





