Analysts said silver prices may move higher towards Rs 2,75,000 per kilogram on the MCX and USD 80-85 per ounce globally, due to global supplies constraints.
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Moneycontrol28-12-2025, 19:23

Gold Eyes Rs 1,55,000, Silver Rs 2,75,000 by 2026 Amid Fed Cues & China Curbs

  • Traders await US Federal Reserve's FOMC minutes for monetary policy outlook, influencing gold and silver prices next week.
  • Gold is projected to reach Rs 1,50,000–1,55,000 on MCX by 2026, driven by global rate cuts, safe-haven demand, and de-dollarisation.
  • Silver is forecast to hit Rs 2,75,000 on MCX, supported by strong industrial demand from new-age sectors and relatively cheap pricing.
  • China's export restrictions on silver from January 1, 2026, are expected to disrupt global supply chains, boosting prices.
  • Last week, gold gained 4.23% to Rs 1,40,465 (MCX lifetime high), while silver soared 15.04% to Rs 2,42,000 (MCX record).

Why It Matters: Gold and silver are set for significant gains by 2026, fueled by rate cuts, demand, and supply issues.

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