Positive impactCommodity
Gold could gain another 12%, silver may face resistance ahead: Emkay Wealth explains why
CNBC-TV18 59 min ago·4 Sept 2026, 4:07 am
Gold and silver are currently in a strong uptrend, according to Emkay Wealth Management. Despite recent profit booking, the precious metals are expected to continue their rally. The firm projects gold could rise by an additional 12%, driven by ongoing global economic uncertainty and safe-haven demand.
Silver, however, is facing a tougher path. It is approaching key resistance levels around $68 and $74 per ounce. This means the metal may struggle to break through these price points in the near term. Investors should watch for a decisive move above these levels to confirm further upside.
For investors, this signals a period of volatility in the commodity space. While gold offers a clear path higher, silver's performance will hinge on breaking through specific technical barriers. Keeping an eye on global economic data and central bank policies will be crucial for understanding the next moves in these markets.
Key takeaways
- Category: Commodity.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
