Gold, Silver Prices Ease After Record Highs: Is This a Buying Opportunity?

ଓଡିଶା

୨,୧୩୪ କୋଟି ଟଙ୍କାର ଜଳ, ଜଳସେଚନ ଓ ପର୍ଯ୍ୟଟନ ପ୍ରକଳ୍ପକୁ...

June 09, 2026

ମାଲକାନଗିରିରେ ରାତ୍ରିକାଳୀନ ଯୁଗ୍ମ ଅପରେସନ୍; ମାଓବାଦୀଙ୍କ ବିପୁଳ ପରିମାଣର ଅସ୍ତ୍ରଶସ୍ତ୍ର...

June 09, 2026

କାଳବୈଶାଖୀ ପରେ ଦିଗପହଣ୍ଡି ବସ୍‌ଷ୍ଟାଣ୍ଡ ଜଳମଗ୍ନ; ଡ୍ରେନ୍ ପାଣିରେ ଫସି...

June 09, 2026

ଓପିଏସସି ପରୀକ୍ଷାରେ ହାଇଟେକ୍ ନକଲ ଘଟଣାକୁ ନେଇ ଚିନ୍ତା; ପରୀକ୍ଷା...

June 09, 2026

ଦେଶ

ଜାତିସଂଘରେ ପାକିସ୍ତାନକୁ କଡ଼ା ଜବାବ ଦେଲା ଭାରତ; ‘ଫିତନା ଅଲ୍...

June 09, 2026

ହାଇଦ୍ରାବାଦ ପବ୍‌ରେ ଲେଡି ଆଇପିଏସ୍‌ଙ୍କ ଗୁପ୍ତ ଅପରେସନ: ଦେହ ବ୍ୟବସାୟ...

June 08, 2026

ଖାଦ୍ୟ ପ୍ୟାକିଂ ପାଇଁ ଖବରକାଗଜ ବ୍ୟବହାର ବନ୍ଦ କରିବାକୁ FSSAIର...

June 08, 2026

୨୩ ବର୍ଷର ଆଇନଗତ ଲଢ଼େଇ ପରେ ବିଜୟ: ୟୁକେ କୋର୍ଟରୁ...

June 05, 2026

Gold, Silver Prices Ease After Record Highs: Is This a Buying Opportunity?

Gold and silver prices cooled on Wednesday after hitting multiple record highs, as profit booking triggered a temporary pullback. Analysts say the broader uptrend remains intact, making dips attractive for gradual buying rather than aggressive lump-sum purchases.

Published by Somesh | January 30, 2026

Gold and silver prices eased on Wednesday after scaling fresh record highs, prompting investors and consumers to reassess their buying strategy. The pullback comes after a sharp rally in recent weeks, with analysts describing the move as a healthy pause rather than a reversal.

In the domestic market, MCX Gold slipped back into the Rs 1,63,000–Rs 1,80,500 range after recently touching an all-time high near Rs 1,80,779. Silver also cooled after its rapid surge above Rs 4,20,000, stabilising at slightly lower but still elevated levels.

Market experts attribute the decline mainly to profit booking following the steep rally. On the global front, COMEX gold has eased from above 5,600 dollars to the 5,160–5,320 dollar zone, while silver is consolidating near 108–111 dollars after hitting record highs. Despite the pullback, strong buying interest continues to emerge at key support levels, indicating that the long-term bullish trend remains intact.

Domestically, gold is finding support in the Rs 1,57,000–Rs 1,59,000 zone, while silver is seeing steady demand around Rs 3,55,000–Rs 3,60,000. Analysts suggest that for long-term investors, such dips offer an opportunity to enter the market through staggered purchases, while short-term traders should be prepared for continued volatility.