1 hour ago
India gold and silver futures fall from recent highs amid West Asia tensions, global prices steady, Fed rate worries and oil driven inflation keep metals volatile and range bound.
By Anshul April 9, 2026, 12:13:05 PM IST (Published)
3 Min Read
According to Augmont Enterprise Private, precious metals are currently “caught between ceasefire optimism and escalating regional risks,” with safe-haven demand supported by geopolitical tensions but gains capped by macro uncertainties.
The firm noted that gold has seen a technical breakout above $4,800 per ounce (around ₹1.53 lakh per 10 grams), indicating bullish momentum, with a potential upside target of $5,000 per ounce (₹1.59 lakh per 10 grams). Silver has also broken above $76.50 per ounce (around ₹2.43 lakh per kg), with further upside targets at $82 and $87 per ounce.
-With Reuters inputs
Note To Readers
Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Readers should consult certified experts before making any investment decisions.
