📌 BULLIONS & ENERGY MARKET UPDATE

Advisory Bazaar Info Services

🔹 Weak opening is possible in the bullion market today. Gold and silver recovered from early losses on Friday, but due to a strong US dollar and decline in global tech stocks, both metals remained on track for a second consecutive weekly fall.

🔹 Gold (April): 146000 – 153000

🔹 Silver (March): 220000 – 245000

🔹 Sharp decline continues in silver, down nearly 16% in two weeks, close to the biggest weekly fall since 2011.

🔹 Global equity markets have declined for the third straight day, causing sharp volatility in precious metals and cryptocurrencies.

🔹 The US Fed is expected to cut rates at least twice by 25 basis points in 2026, with the first cut likely in June — lower interest rates are considered supportive for gold and silver.

ENERGY MARKET

🔹 Crude oil (February) may remain under pressure.

Expected range: 5700 – 5820

🔹 Prices declined due to easing concerns over Middle East supply disruptions and renewed focus on US–Iran nuclear talks.

🔹 Benchmark crude is heading for its first weekly decline in a month, falling more than 3% from January’s six-month high.

🔹 Nearly one-fifth of global oil consumption passes through the Strait of Hormuz, located between Oman and Iran.

🔹 Natural Gas (February) may trade with a mixed trend.

Expected range: 305 – 325.