The Economic Times News

Holiday volatility, margin hikes trigger profit booking in metals; 2026 seen as a year of consolidation

Commodity volatility in gold and silver is driven by profit booking, margin hikes and thin holiday trading, says Ajay Kedia of Kedia Commodities. While near-term corrections are likely after 2025s sharp rally, upside remains over time. Crude oil may stay range-bound amid oversupply, while base metals like copper are poised for a stronger 2026 on improving demand.