European shares struck a record high on Monday, with basic resources stocks in the lead, as trading resumed following the Christmas and Boxing Day holidays.
UBS on Monday raised its gold target price to $5,000 an ounce over the first three quarters of 2026, before expecting prices to moderate to $4,800/oz by end-2026, up from its earlier forecast of $4,300/oz.
Silver prices tumbled Rs 21,000 per kg on MCX after an overheated rally unravelled, driven by easing geopolitical tensions, extreme deviation from key technical levels, and heavy profit-booking. A margin hike, record weekly gains, and a stronger dollar added to the selloff, abruptly halting silvers meteoric year-to-date surge.
Dalal Street enters a subdued holiday mood as 2025 concludes, with benchmark indices struggling for momentum and trading sideways. Market experts suggest a 'buy on dip' strategy for Nifty and Bank Nifty, focusing on stock-specific opportunities, particularly in the metals sector. Tata Steel and HPCL are highlighted as promising picks for near-term gains.
The year 2025 will be remembered for two standout assets: gold and silver. Gold and silver posted some of their strongest returns in over four decades. In 2025, silver jumped about 138%, emerging as the top performer across major asset classes, while gold rose 74.5%, its best annual gain in decades, as reported by ETWealth.
Radhika Gupta calls Edelweiss Multi Asset Omni FoF a perfect thaali fund, highlighting its disciplined 65-10-10-15 allocation across equity, gold, silver and debt. The fund aims to offer diversification, stability and growth amid volatile market conditions.
NSE and BSE announce the 2026 trading holiday calendar, highlighting seven long weekends and Muhurat trading. Advance visibility helps investors plan around closures, while brokerages anticipate 2026 as a recovery year for Indian equities post-volatile 2025.
