New Delhi, Jan 3 || Gold and silver entered 2026 with elevated volatility after an exceptional 2025 rally, analysts said on Saturday, adding that the fundamental outlook for precious metals remains constructive.
Gold futures with February expiry eased moderately down 0.04 per cent, settling at Rs 1,35,752 on MCX on Friday. The price of 10 grams of 24-carat gold closed the week at Rs 1,34,782 up from Rs 1,33,195 at the year end, according to data published by the India Bullion and Jewellers Association (IBJA).
"Comex gold had surged by about $70 to trade near $4,385, supported by rising expectations of a US Federal Reserve rate cut. However, recent sessions have been marked by sharp volatility as profit booking emerges from higher levels, partly triggered by increased margin requirements," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.
Investors remain keen on cues from key US economic data next week, including ADP Non-Farm Employment, non-farm payrolls, and the unemployment Rate, which are likely to drive fresh volatility.