2026 FORECAST FOR GOLD, SILVER & COPPER IN A VERY SHORT WAY

I will not be surprised if asian countries ban import of Gold and Silver if demand continues to rise till end 2026.

- Chintan Karnani

Gold and Silver have to beat the investment return of 2025 to continue to attract short term hot money. (Very difficult as on date.)

Focus on supports. Price will crash or a bearish trend will be there only if price trades below ten consecutive trading sessions below the key support.

India, China and Asian demand will be the key for another massive bullish trend in the next twelve months.

Economic impact of Trump induced trade war will be felt in 2026. Economics will decide trend of copper and all nonferrous metals.

Central banks will be on an interest rate cutting spree for the next fifteen months.

US Senate elections vote will be there in November 2026. US president will do all he can for a near full senate majority. This will be felt in global markets on or after July 2026.

Media coverage is too much for gold, silver and copper in India all across the world. This will ensure continued investment on dips unless they move into a short term bearish trend. Post Covid, more people use Youtube, Twitter, and social media post for their investment. Right, unanimously all are hyper bullish for 2026 in gold, silver and copper. I am worried of continuity of current bullish trend in 2026 on or after March 2026.

As I prepare this view, momentum and sentiment is hyper bullish for gold and silver. In my view, retail investor/trader outlook are super-duper bullish for 2026.

I am also bullish for gold and silver for 2026. But the pace of rise will be slower in 2026 as compared to 2025. I will also not be surprised if there is a bearish trend for two months in gold and silver.

In India, gold ETF and silver ETF will see a big redemption if and only if there is a one way sustained rise in Indian stock markets. If not then, they will continue to see significant investment flows.