Commodity prices started 2026 on a firm note, building on the strong momentum seen in 2025. On the MCX, copper is hovering around the ₹1,270–1,300 per kg range after rising about 42–48% last year, while silver is consolidating between ₹2.35–2.39 lakh per kg following an extraordinary 150–180% rally over the past two years. However, on the other hand, Gold has entered a consolidation phase but remains at historically elevated levels, after a prolonged multi-year uptrend, underpinned by central bank purchases and ongoing geopolitical uncertainties, according to market experts.
