Akshaya Tritiya 2026 is projected to drive record precious-metal buying in India, with gold and silver trade expected to surpass Rs 20,000 crore even as prices hit new highs and volumes soften. Shoppers are shifting toward lightweight jewellery, silver, and diamond items, while digital gold and bonds gain momentum—signaling value-led, financially cautious consumption.
India has authorized 17 banks to import gold and silver for a three-year window beginning April 1, 2026, with validity until March 31, 2029. The government move is aimed at clearing a customs clearance bottleneck that had stalled shipments. Importers can now expect smoother processing and more predictable precious metals trade.
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Silver futures climbed 0.82% in today’s trading, rising to Rs 2,53,800 per kilogram. Traders attributed the move to renewed uncertainty over US trade policy, prompting participants to build fresh positions. The strength also showed up overseas, with Comex silver futures recording a similar notable increase.
Silver prices fell sharply by Rs 2,577 to Rs 2.38 lakh per kilogram in national capital futures trading on Friday. The drop was linked to weak market trends and subdued demand from investors, suggesting cautious sentiment despite earlier volatility in commodities. Traders will now watch whether buying interest returns to halt the slide.
Swiggy’s Instamart saw a dramatic jump in gold and silver demand on Akshaya Tritiya, with shoppers turning to quick commerce for auspicious purchases. Urban buyers favored smaller gold denominations, while silver transactions skewed higher. Some carts even bundled precious metals alongside everyday groceries, pointing to a fast-evolving pattern in festive shopping habits.
Gold and silver opened lower on MCX as crude oil prices pushed toward $110 per barrel, reviving inflation concerns and uncertainty over rate expectations. Tensions around the Strait of Hormuz further boosted volatility in bullion markets. Analysts say the near-term outlook is likely range-bound, with traders watching key support and resistance levels.
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Gold and silver in India eased on MCX as a stronger US dollar pressured prices. Traders are watching potential US-Iran talks this weekend, with analysts flagging volatility risk from oil and currency swings. While MCX quotes softened, physical gold in major Indian cities held steady. Key technical levels point to cautious buy-the-dip strategies.
Gold and silver prices fell in India on Tuesday as a firmer US dollar weighed on bullion and safe-haven demand eased with cautious optimism over US-Iran peace talks. By midday, 24K gold slipped to around ₹1,55,280 per 10 grams, while silver dropped nearly 1% to about ₹2,50,210 per kg on the MCX.
After equity momentum faltered, traders are shifting attention to commodity derivatives. With gold and silver climbing to record highs, MSCI India lagging global peers, and foreign investors moving out, brokers are adjusting offerings to capture the new flow. What was once seen as too volatile is now drawing fresh wagers as equities stall.
Gold and silver prices tumbled on MCX, with silver falling about Rs 6,100 and gold dipping around Rs 1,000. Analysts link the move to higher crude oil prices and uncertainty over US-Iran peace talks, adding pressure from expectations of prolonged high interest rates. Traders see volatility ahead and suggest booking profits and buying only on dips, tracking dollar and inflation cues.
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Gold and silver climbed on MCX as the US signalled an indefinite extension of the Iran war ceasefire, easing inflation fears. Traders are bracing for sharp moves as currency swings and oil-price volatility feed into commodities. Analysts point to clear technical support and resistance zones, but elevated global prices and shifting domestic trends keep caution high for buyers.
Gold and silver ETFs dropped as much as 5% even as MCX prices bounced back, helped by a weaker dollar and easing geopolitical stress. Analysts point to rising yields and traders locking in gains as key drivers. While caution remains, experts suggest staggered investing through SIPs to potentially benefit from dips, backed by solid medium-term demand fundamentals.
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