Gold and silver prices are soaring to new highs amid global uncertainty. Expert Abhilash Koikkara predicts continued bullish momentum in both metals.

📈 Precious Metals Shine Bright: Gold and Silver Extend Bullish Run
The bullion market continues to glitter as gold and silver prices surge to new highs, reflecting strong investor sentiment and global uncertainty.
According to Abhilash Koikkara, Head – Forex & Commodities at Nuvama Professional Clients Group, both gold and silver are exhibiting bullish momentum, supported by robust technicals, rising demand, and macroeconomic tailwinds.
“Gold has surpassed the crucial psychological mark of $4,000, signaling renewed investor confidence. Silver, too, is approaching multi-year highs with strong industrial and investment demand,” Koikkara noted.
🪙 MCX Gold Price Outlook: Strong Momentum, New Highs on the Horizon
🌟 Gold Breaks $4,000 Barrier – A New Era for the Precious Metal
Gold’s rally past the $4,000 mark underscores strong bullish momentum in the global market. The metal’s pattern of higher highs and higher lows confirms sustained buying interest and a technically robust uptrend.
Analysts attribute this surge to several key factors:
- Global economic uncertainty and geopolitical tensions
- Central banks diversifying away from fiat currencies
- Persistent inflation concerns boosting safe-haven demand
- Expectations of lower interest rates adding further support
💹 MCX Gold Technical View: Eyes on ₹1,27,000
On the MCX (Multi Commodity Exchange), gold is trading firmly above ₹1,22,000, showing impressive strength. The immediate support level sits at ₹1,20,000, while the next target zone lies around ₹1,27,000.
📊 MCX Gold Trading Strategy
- CMP: ₹1,22,000+
- Target: ₹1,27,000
- Support: ₹1,20,000
Any minor dip toward the support zone is expected to trigger fresh buying interest, as traders and long-term investors view corrections as opportunities.
“As long as gold holds above key support zones, the bullish structure remains intact,” says Koikkara. “Global demand and macroeconomic conditions are creating an ideal environment for continued strength.”
🧠 Expert Insight: Why Gold Is Still the Go-To Safe Haven
Gold’s appeal continues to soar as investors seek safety amid economic volatility. With central banks ramping up gold reserves and bond yields softening, the yellow metal has reasserted its position as a store of value and inflation hedge.
Financial experts believe that if inflation remains sticky and rate cuts proceed slower than expected, gold could stay elevated well into 2026.
⚡ MCX Silver Price Outlook: Heading for the $50 Milestone
💎 Silver Nears 2011 Highs – Strong Fundamentals at Play
Silver’s rally has been nothing short of spectacular, with COMEX silver prices inching close to $50, a level last touched in 2011.
The metal’s resurgence is powered by:
- High industrial demand — especially from solar panels and electric vehicles (EVs)
- Investment buying as investors hedge against inflation
- Tight supply dynamics and speculative interest in commodities
If silver breaks decisively above $50, the next targets are $56 and $60, reaffirming the long-term bullish trend.
📊 MCX Silver Performance and Near-Term Targets
On the MCX, silver is showing strong upward momentum, comfortably trading above ₹1,43,000. As long as this support level holds, analysts expect a potential rally toward ₹1,56,000 in the near term.
📈 MCX Silver Trading Strategy
- CMP: ₹1,48,000
- Target: ₹1,56,000
- Stop-Loss: ₹1,43,000
“Silver’s fundamentals remain strong, backed by industrial demand and global cues. Any corrective dips should be viewed as buying opportunities,” says Koikkara.
⚙️ Industrial Strength: Why Silver Is Outperforming
Silver’s dual role as a precious and industrial metal makes it uniquely positioned in today’s economy. With clean energy investments surging and global EV adoption accelerating, silver demand from solar manufacturing and electronics is expected to rise sharply.
Moreover, as investors diversify portfolios amid currency volatility, silver’s affordability relative to gold makes it an attractive alternative.
🌐 Global Factors Driving Bullion Market Momentum
The rally in both gold and silver is fueled by a mix of macroeconomic and geopolitical catalysts:
- 🕊️ Middle East tensions and global conflict risks driving safe-haven demand
- 💵 Weakening U.S. dollar, enhancing the appeal of dollar-denominated assets
- 📉 Expectations of interest rate cuts by major central banks
- 🔥 Persistent inflation keeping real yields subdued
- 🏦 Central bank gold purchases sustaining demand
Together, these factors paint a bullish picture for precious metals over the medium to long term.
💬 Expert Take: “Corrections Will Be Shallow, Trend Remains Up”
Commodity strategists suggest that both gold and silver could experience short-term pullbacks, but the broader trend remains firmly upward.
“Any correction is likely to be short-lived. The overall macro setup continues to favor precious metals,” Koikkara emphasized.
🚀 Outlook: The Bullion Boom May Just Be Getting Started
With gold eyeing ₹1,27,000 and silver targeting ₹1,56,000, the metals market looks set to extend its winning streak.
Investors are advised to stay long with trailing stop-losses, as the bullion bull run remains supported by both technical and fundamental strength.
Whether you’re an investor seeking stability or a trader looking for momentum, gold and silver continue to glitter bright in 2025’s uncertain global landscape. ✨