Gold @ ₹1 Lakh & Silver @ ₹1.15 Lakh: Is This Just the Beginning?

🔮 Commodities on Fire: Silver @ ₹1,15,000 & Gold @ ₹1,00,000 – What’s Next?

Author: Hitender Tanwar

Franchise Partner – Motilal Oswal Financial Services Ltd.

📞 +91 9810685229 | 📲 WhatsApp: +91 7683095302

💥 The Commodities Rally That’s Turning Heads

In a dramatic turn of events, Silver has touched ₹1,15,000 per kg, while Gold has breached ₹1,00,000 per 10 gm in India. For investors, traders, and even common households, this surge is more than just a number—it’s a wake-up call.

So, what’s fueling this rally? And more importantly… what’s next?

📈 Why Are Gold and Silver Skyrocketing?

Several factors are converging to drive precious metals higher:

Global Inflation & Recession Fears Central banks are still battling inflation with interest rate hikes. Persistent economic uncertainty is driving investors toward safe haven assets like gold and silver. Geopolitical Tensions Conflicts across Europe, the Middle East, and trade disputes are pushing global risk sentiment lower. Weakening Currencies The U.S. Dollar is under pressure, and INR depreciation is making imports (like gold and silver) more expensive. Central Bank Buying Central banks are accumulating gold to diversify reserves.

🔍 Technical Trends to Watch

Gold (XAU/INR)

📌 Resistance: ₹1,02,500

📌 Support: ₹96,500

➡️ If gold breaks above ₹1,02,500, we may see ₹1,10,000 soon.

Silver (XAG/INR)

📌 Resistance: ₹1,18,000

📌 Support: ₹1,08,500

➡️ Continued demand could push silver to ₹1,25,000.

💡 Is This the Right Time to Invest?

If you feel like you’ve missed the rally, don’t worry—commodity bull runs often last long.

Long-Term Investors