Fundamental News and Triggers
Gold and Silver set for best annual gain since 1979
- In 2025, gold has risen by 65% and silver by 150%, indicating a year of tremendous gains and positioning the precious metal for its best yearly performance in more than four decades.
- Persistent geopolitical concerns, US interest rate decreases, sustained central bank purchases, and increased holdings in gold-backed ETFs all boosted gold prices. Silver achieved several milestones in 2025, thanks to its status as a vital US commodity, supply constraints, low stocks, and increased industrial and investment demand.
- Meanwhile, the Federal Reserve’s December meeting minutes, released on Tuesday, showed that most officials believe more rate cuts are justified if inflation continues to decline, while they disagreed on the timing and extent of prospective reductions.
- On the geopolitical front, uncertainties around a Russia-Ukraine peace accord, rising hostilities in the Middle East, and tensions between the United States and Venezuela are driving up demand for the safe-haven commodity.
Technical Triggers
- Gold prices are expected to consolidate in the range of $4320 (~Rs 134,000) and $4420 (~Rs 137,000) after this sharp rally and sell off this week.
- Silver prices are expected to consolidate between $70 (~Rs 223,000) and $78 (~Rs 250,000), after the sharp rally and sell off this week.
Disclaimer: This report contains the opinion of the author, which is not to be construed as investment advice. The author, directors, and other employees of Augmont Enterprise Private Ltd. and its affiliates cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above. The above-mentioned opinions are based on information that is believed to be accurate, and no assurance can be given for the accuracy of the information. The author, directors, other employees, and any affiliates of Augmont Enterprise Private Ltd. cannot be held responsible for any losses in trading. In no event should the content of this research report be construed as an express or implied promise, guarantee, or implication by or from Augmont Enterprise Private Ltd. that the reader or client will profit or that the losses can or will be limited in any manner whatsoever. Past results are no indication of future performance. The information provided in this report is intended solely for informative purposes and is obtained from sources believed to be reliable. The information contained in this report is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. We do not offer any sort of portfolio advisory, portfolio management, or investment advisory services. The reports are only for information purposes and are not to be construed as investment advice.
