Gold, Silver Rebound After Historic Sell-Off, But Volatility Looms
Commodities
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CNBC TV1803-02-2026, 15:29

Gold, Silver Rebound After Historic Sell-Off, But Volatility Looms

  • Gold and silver show signs of stabilization after a significant sell-off, with gold dropping over 15% and silver over 30% last week.
  • Both metals have staged a rebound: spot gold up 5% and silver up 8% from recent lows, driven by bargain buying and short-covering.
  • Experts like Ross Maxwell (VT Markets) suggest improved US-India trade relations could reduce fear-driven gold demand, but inflation and geopolitical risks still support it as a hedge.
  • Hareesh V (Geojit Investments) attributes the correction to short-term catalysts like margin hikes and a stronger US dollar, expecting choppy trading ahead.
  • Aamir Makda (Choice Broking) notes gold's rebound to ₹1.53 lakh per 10 grams, with resistance at ₹1.54 lakh, while silver recovered to ₹2.69 lakh per kg.

Why It Matters: Gold and silver are recovering from a major sell-off, but experts warn of continued volatility despite the rebound.

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