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Gold, Silver Show Mixed Trends: Where to Earn in Commodity Market Today?
M
Moneycontrol•23-09-2026, 12:35
Gold, Silver Show Mixed Trends: Where to Earn in Commodity Market Today?
- •Gold October futures on MCX trading at ₹152,349, while silver December futures are at ₹240,142.
- •Jatin Trivedi of LKP Securities expects gold prices to remain volatile between ₹1,51,000 and ₹1,54,500 due to geopolitical reasons.
- •Gold found support from falling crude oil prices but faced pressure from a rising dollar index.
- •N.S. Ramaswamy of Ventura predicts silver prices will remain stable between $63 and $75 per ounce with high volatility.
- •Ajay Kedia of Kedia Advisory recommends buying MCX Gold October futures with a target of ₹154,000 and MCX Silver futures with a target of ₹244,000.
Key Questions Answered
Around 12 PM on the MCX, October gold futures traded at ₹152,349, down ₹367 or 0.24%, while December silver futures traded around ₹240,142, down ₹254 or 0.11%.
Ajay Kedia recommends buying MCX Gold October futures around ₹152,000 with a stop loss of ₹151,000 and a target of ₹154,000, and buying MCX Silver futures around ₹239,000 with a stop loss of ₹237,000 and a target of ₹244,000.
Gold prices face volatility due to geopolitical reasons, receiving support from falling crude oil prices while facing pressure from a rising dollar index. Meanwhile, silver remains balanced through fluctuations in interest rates and the dollar, with expected prices between $63 and $75 per ounce.
