Gold, Silver Rebound: Is Now the Right Time to Invest?

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News18•09-02-2026, 11:26
Gold, Silver Rebound: Is Now the Right Time to Invest?
- •Silver surged by 10,000 rupees (4%) on MCX, reaching 2,59,887 rupees/kg, while gold jumped by 3,049 rupees to 1,58,500 rupees/10 grams.
- •International gold prices rebounded by 1.7% to around $5,000/ounce after a significant decline last month.
- •Silver remains highly volatile due to speculation and low over-the-counter trading, with a 5% surge on Monday crossing $80/ounce.
- •Experts suggest gold could find support around $4,555 internationally and 1,54,000-1,51,800 on MCX, with silver support at $65 internationally and 2,44,000-2,36,600 on MCX.
- •Long-term outlook for gold and silver is positive due to central bank buying and global tensions, despite short-term volatility.
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