The Morning Brief Gold Crosses $5,000, Silver Doubles:What Investors Need to Know
Jan 27, 2026
Naveen Mathur, Director of Commodities & Currencies at Anand Rathi, shares market commentary on gold, silver and other metals. He explains the drivers behind the dramatic rallies and the role of global ETF flows. He outlines near-term targets and risks for gold, contrasts silver’s higher volatility and industrial demand, and highlights other metals to watch like copper and aluminium.
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Precious Metals Outperform Equities
- Gold and silver have been the best-performing asset classes globally over the past year.
- The rally contrasts with weak equity performance, creating investor confusion about allocations.
Uncertainty And ETF Demand Power Rally
- Geopolitical tensions and economic uncertainty are major drivers behind the surge in gold and silver.
- Global and Indian ETF buying has amplified demand and pushed prices higher.
Hold Gold As A Portfolio Anchor
- Expect continued upside while geopolitical risks persist, with targets near $5,200–$5,500 for gold.
- Treat gold as a portfolio diversifier rather than a trading vehicle and maintain allocation through volatility.