Gold And Silver Prices: Key Support Levels And Buying Opportunities | Chandan Taparia's View

Gold and silver prices have corrected despite rising market uncertainty and elevated bond yields, leaving investors assessing whether the dip offers an opportunity. Chandan Taparia, Head Derivatives & Technical, Wealth Management, Motilal Oswal Financial Services, shares his outlook on gold and silver and identifies key support levels to watch. He sees potential accumulation opportunities in gold around ₹1.35 lakh–₹1.40 lakh and highlights ₹1.40 lakh as a major base. For silver, he points to ₹2 lakh as a crucial support zone, with potential upside targets of ₹2.50 lakh–₹2.75 lakh. Investors should consider their risk appetite and investment horizon.