

COMEX Silver extended its strong bullish momentum, marked the largest weekly gain on record, largest % gain since the week ending July 24, 2020, up for 5th consecutive week, $39.410 per troy ounce, or 14.42% to $76.486 this week. Silver price surge propelled by constrained global supplies, surging industrial demand, and speculative buying. Year-to-date, silver has climbed over 150%, significantly outpacing gold’s 70% advance, as buyers from solar manufacturers, investment funds, and retail traders compete for limited physical metal.
MCX Silver March contract has reached to its all-time high at 242,000 in this week, posted incline for 5th consecutive week and closed on a positive note at 240,935. Like Gold, Silver also set to close for the 8th consecutive positive monthly closing in December 2025, surged by record number i.e. +40%. Price has surged by more than +15% in this week. Silver price has continued to trade over its key moving averages i.e. 20, 50 and 100-DEMA levels placed at 199,485, 176,916 and 157,036 respectively. Daily SAR is placed at 207,547 which would be crucial support to look for. Immediate resistance would be at psychological level of 250,000 and breakout of this mark will boost momentum in Silver price. In Short-to-Medium term perspective, resistance would be at 161% of trend-based Fib. Extension placed at 277,472. RSI levels remained over 85 on Daily and Weekly chart.
Gold/Silver Ratio (Mint Ratio) has slipped to a fresh low at 57.1, marking a -23% monthly decline, which clearly highlights Silver’s outperformance against Gold. The next key support for the ratio is seen near 55–53.1, reinforcing the relative strength bias in Silver.
The overall trend remains decisively bullish. Traders may continue to adopt a buy-on-dips strategy, while keeping an eye on short-term overbought conditions near upper levels.
| Support 2 | Support 1 | CMP | Resistance 1 | Resistance 2 |
|---|---|---|---|---|
| 210,000 | 225,000 | 240,935 | 250,000 | 260,000 |
Gold Price Forecast for Next Week: Get the latest prediction for gold prices to guide better investment decisions.
Natural Gas Price Prediction for Next Week: Explore the anticipated price range for natural gas in the upcoming week.
Copper Price Forecast for Next Week: Stay informed with next week's forecast for copper prices to track market trends effectively.
Crude Oil Price Forecast for Next Week: Prepare for the upcoming week with valuable insights into crude oil price movements.
Also, get a daily update for currency on commodity market predictions daily
Prediction given by Technical Research Team - Choice.



