Gold and silver prices may see limited upside ahead of Diwali 2026, according to commodity expert Anuj Gupta in a Business Today report published October 17. He projects gold could move toward Rs 1.5 lakh per 10 grams and silver toward Rs 2.2–2.3 lakh per kg, supported by festive buying. Rising interest rates, inflation and growing investor interest in bonds could, however, limit gains, while silver also faces pressure from weak industrial demand, including concerns about China's solar industry. Gold has gained around 9% this year, while silver has declined nearly 9%. The article stresses that expert price targets are estimates, not guaranteed outcomes.
Summary written by Upside AI from the original article. Read the source for full details.
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Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
PAXG/USDT
• NeutralPAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/16/2026 | 4,162.70 |
| Change that session | +0.11% |
XAUT/USDT
• NeutralTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/16/2026 | 4,159.65 |
| Change that session | +0.15% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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