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Gold, Silver & The Fed Shock: Market Commentary With Kunal Shah

Gold, Silver & The Fed Shock: Market Commentary With Kunal Shah

Shailendra Bhatnagar
Shailendra Bhatnagar
  • New Delhi,
  • Jun 9, 2026,
  • Updated Jun 9, 2026, 3:32 PM IST

Commodity markets are witnessing sharp volatility and Kunal Shah, Head of Commodity Research, Nirmal Bang decodes what’s really driving the action. From the recent correction in gold and silver to the outlook on crude oil, natural gas, copper, aluminium, cotton and sugar, this conversation covers the biggest opportunities and risks for investors. Kunal Shah explains why rising US inflation and strong payroll data have triggered short-term selling, but believes the long-term commodity bull cycle remains intact. He also shares insights from the physical bullion market, narrowing discounts in gold and silver, possible supply constraints ahead of the festive season, and why metals could be setting up for the next major rally. A must-watch for commodity investors.

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