Outlook for 30 October 2026
Snapshot of the calls and chances published on this day.
Gold
Close ₹1,38,600/10g (-3.3% on the day, -8.0% over a month)
Gold fell 3.3% in the last session and is down 8.0% over a month. Rate-hike worries are the main pressure on gold right now, while central bank buying, very bearish trader positioning and Indian wedding-season demand give support on dips. This view is wrong if gold breaks below support near ₹1,30,502.
| Chance of a rise | Next week | Next month | Next 3 months |
|---|---|---|---|
| Gold | 52% | 56% | 68% |
Silver
Close ₹1,79,820/kg (-6.0% on the day, -19.8% over a month)
Silver fell 6.0% in the last session and is down 19.8% over a month. Silver is still unwinding its January bubble and moves about twice as much as gold, though it is now much cheaper compared with gold than at its peak. A close above ₹1,82,178 or below ₹1,60,953 should set the next direction.
| Chance of a rise | Next week | Next month | Next 3 months |
|---|---|---|---|
| Silver | 50% | 51% | 56% |