Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 17th May 2026: Gold and silver markets are expected to remain volatile this week amid fresh government restrictions on silver imports, fluctuations in crude oil prices and continuing global uncertainty linked to the US-Iran conflict, according to market analysts.
The Indian government recently imposed curbs on silver imports after increasing customs duties on precious metals, moves that are likely to influence domestic bullion prices and trading sentiment.
Analysts said investors will also closely monitor key global economic indicators, including economic data from China, US housing data, purchasing managers’ index (PMI) figures, weekly jobless claims and minutes of the Federal Open Market Committee meeting.
On the Multi Commodity Exchange of India, gold futures rose Rs 6,017, or 3.94 per cent, over the past week to settle at Rs 1.58 lakh per 10 grams.
Market participants are also watching movements in global crude oil prices closely, as any escalation in West Asia tensions could affect inflation expectations, currency markets and safe-haven demand for precious metals.