New Delhi: As the Gold and Silver prices continue to rise, Ajay Suresh Kedia, the founder & director of Kedia Advisory, said that in the last one week,
bullion has shown unusual moves — sharp spikes, physical market unrest, gap-up openings. The Commodity market expert stated that charts look overbought for months and ‘mania’ phase is visible in Gold and Silver.
Commenting on the precious metals, Kedia said that the fundamentals remain strong, but valuations are overstretched. He advised the investors to pause and manage risk.
Silver: Weekly close below $102 may open support near $78
Gold: Rejection near $5620; supports seen at $4860 & $4240
The expert said investors need to remain cautious amid the US–Iran tensions, Tariff war risks, Indian Budget uncertainty, ETF liquidation, Dollar rebound and Margin Hikes
He advised the investors to remain alert and protect their profits. “Risk management is the key,” the expert added.
Gold, silver prices likely to rise as safe-haven investments: Economic Survey
The Economic Survey tabled in the Parliament on Thursday mentioned that said that the rise in prices of gold and silver is likely to continue to increase due to their sustained demand as safe-haven investments amid global uncertainties.
“The prices of precious metals, both gold and silver, are likely to continue increasing due to their sustained demand as safe-haven investments amid global uncertainties, unless a durable peace is established and trade wars are resolved,” the Survey said.
Silver and Gold Prices
Silver prices on 30 January 2026 created a new record by scaling the Rs 4 lakh per kilogram-mark. The gold also hit a freah peak of Rs 1.83 lakh per 10 grams. The precious metals made fresh records due to a sharp rally in global markets amid rising geopolitical and economic uncertainty.
All India Sarafa Association said that silver price jumped to an all-time high of Rs 4,04,500 per kilogram (inclusive of all taxes). Silver prices have risen Rs 1,65,500, or 69.2 per cent in 2026 so far.
“Silver prices surged past the Rs 4 lakh per kg milestone on Thursday, while gold rallied to a record high on the back of strong investor demand and a powerful global rally in precious metals,” Gaurav Garg, Research Analyst at Lemonn Markets Desk, said.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver, crypto assets and commodities like Copper, aluminium.)
