Gold, Silver Prices Surge: Is Now the Right Time to Buy? Experts Weigh In

Money
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News18•09-02-2026, 12:41
Gold, Silver Prices Surge: Is Now the Right Time to Buy? Experts Weigh In
- •Gold and silver prices saw a significant jump on Monday after a sharp fall last week, sparking investor interest.
- •On MCX, silver for March 2026 delivery rose nearly 4% (₹10,000) to ₹2,59,887/kg; gold for April 2026 delivery increased by ₹3,049 to ₹1,58,500/10 grams.
- •International gold recovered almost half its recent decline, reaching around $5,000/ounce, while silver surged 5% to over $80/ounce.
- •Experts like Abhilash Koikkara predict MCX Gold to target ₹1,75,000 and Silver to ₹3,30,000, citing strong support and positive trends.
- •Long-term outlook for both gold and silver remains positive until 2026 due to central bank purchases and global tensions, despite short-term volatility.
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