Gold Prices Poised to Surge Again; Silver May Stabilize After Rally
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News18•19-01-2026, 17:20
Gold Prices Poised to Surge Again; Silver May Stabilize After Rally
- •Gold prices are expected to rise due to increased safe-haven demand and anticipated US Federal Reserve interest rate cuts.
- •Key economic data, including inflation, GDP, and unemployment, will influence investor strategies for gold.
- •Pranav Mehra of JM Financial Services highlights China's economic data, Donald Trump's speech, and US Supreme Court decisions as market influencers.
- •MCX gold futures hit a record ₹143,590 per 10 grams, while Comex gold reached $4,650.50 per ounce last week.
- •Silver prices surged 14% on MCX to ₹292,960 per kg but may see stabilization or a slight correction after the rally.
Why It Matters: Gold is set for further gains driven by safe-haven demand, while silver may stabilize after a sharp rally.
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