Copper is fast shedding its image as a purely cyclical industrial metal, emerging instead as a strategic resource for the digital economy and the global energy transition. With prices at elevated levels and supply constraints tightening, investors are increasingly reassessing copper’s role in long-term portfolios.
Finance advisor and Wisdom Hatch founder Akshat Shrivastava has cautioned that while gold and silver are classic “risk-off” assets, their recent rally does not automatically imply that equity markets are headed for trouble. He said that commodities typically benefit when investors rotate out of equities because, unlike stocks, they do not carry valuation multiples that can contract sharply during market corrections.
On Wednesday, MCX gold touched an all-time high of Rs 1,43,590 per 10 grams, while silver surged to a lifetime peak of Rs 2,91,406 per kg. In domestic trade, gold settled about 0.67 per cent higher at Rs 1,43,201 per 10 grams, while silver jumped nearly 5 per cent to Rs 2,89,000 per kg.
Gold climbed to another record on Wednesday, while silver pushed past the $90 level for the first time, as escalating tensions in Iran and growing doubts over the Federal Reserve’s independence boosted demand for safe-haven assets. The rally was further supported by softer inflation data, which reinforced expectations of interest rate cuts.
Gold may be one of the safest investments, but the way you buy it can quietly determine how much you actually earn. From Sovereign Gold Bonds to jewellery and digital gold, tax rules vary sharply — and the wrong choice can wipe out up to half your returns.
Despite copper’s strong global rally, Indian retail investors still have limited ways to participate, with no dedicated ETFs, mutual funds or physical investment options available. The gap has revived debate on whether a copper-focused ETF could offer a simpler route for diversification, especially as demand surges from renewables and electric vehicles. However, market experts caution that launching such a product at record price levels would require a long-term strategy, not a momentum-driven approach.
Volatile conditions often expose a hard truth about retail investing: most investors do not fail because they pick the wrong stocks — they fail because they do not know when to exit. That, according to Alok Jain, Founder of Weekend Investing, is the single biggest blind spot in Indian equity investing.
International gold prices edged lower on Tuesday after scaling a fresh all-time high above $4,600 an ounce in the previous session, as traders moved in to lock in profits amid persistent geopolitical and economic uncertainty. Spot gold slipped 0.4% to $4,576.79 an ounce by 0134 GMT, while US gold futures for February delivery declined 0.6% to $4,585.40. The mild pullback followed a strong rally on Monday, when bullion surged to a record peak of $4,629.94 an ounce.
Despite the strong rally, market participants caution that intermittent profit booking is likely, given prices are at record highs. Experts advise traders and investors to wait for corrective dips before initiating fresh long positions.
January 6, 2026, copper prices had surged to nearly $13,000 a tonne in international markets, with analysts pointing to a widening supply gap as a key driver of further upside. In India, the rally was just as striking. On the Multi Commodity Exchange (MCX), copper prices jumped close to 50% in 2025, rising from Rs 796 to Rs 1,197 per kg.
Under the latest NPS Vatsalya guidelines, investors can allocate up to 75% of funds to equities, while partial withdrawals are allowed for education or medical needs, with clear rules laid down for exit and continuation once the minor attains adulthood.
On the Multi Commodity Exchange (MCX), silver prices on January 8 plunged by as much as Rs 11,000 per kilogram to hit an intraday low of Rs 2,40,605 on Thursday, while weakness was also visible in global markets.
Silver has already climbed more than 9% in the first week of 2026, hitting fresh records on the Multi Commodity Exchange (MCX) on January 7. Tata Mutual Fund believes silver’s long-term outlook remains constructive, given its dual identity as a precious and industrial metal.
As the Union Budget 2026 draws closer, the alternative investment industry is intensifying its push for tax reforms to support the fast-growing private credit space. Industry body IVCA says current tax rules put Category III AIFs and private credit funds at a disadvantage, creating uncertainty and discouraging long-term capital. With assets in AIFs rising sharply, the sector wants clearer, fairer taxation to unlock the next phase of growth.
Markets are entering 2026 with sharply divergent trends across gold, silver and equities, making asset allocation more critical than ever. With central banks easing and global risks still elevated, investors in 2026 face tough choices across precious metals and equities. Shriram Wealth’s new report highlights where stability, risk and growth are likely to emerge this year.
The DSP report noted gold is not a substitute for equities. Five-year rolling return data shows that stocks have outperformed gold roughly half the time in India and the US, and even more often in markets such as Europe and Hong Kong.
Financial freedom rarely arrives with a big milestone or a one-time decision. It builds slowly, through daily behaviour, long before bank balances look impressive.
Gold and silver began the new year on a steady footing, as investors assessed the impact of an upcoming rebalancing of a key commodity benchmark index scheduled for next week. Prices briefly rallied on December 2, with bullion rising as much as 1.9% before paring gains during US trading hours.
The outlook for gold in 2026 remains constructive. Analysts expect prices to extend gains amid continued central bank buying, a dovish bias from the US Federal Reserve and lingering global uncertainty. According to ING’s Commodities Outlook 2026, gold prices could average $4,325 per ounce this year.
Latest data from the Reserve Bank of India (RBI) shows that in FY25, savers pulled back from bank deposits, insurance and small savings schemes, while channelling a growing share of their money into equities and mutual funds.
After a stunning 144% rally in 2025, silver is no longer being viewed as just a tactical trade or a cheaper alternative to gold. Rising industrial demand, tightening supply and strong investor participation have pushed the metal into the spotlight as a potential structural allocation for 2026.
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