Upcoming US inflation figures, crude oil price movements, and geopolitical tensions in West Asia will be primary triggers for gold and silver prices, amid heightened speculation surrounding the global interest rate outlook, analysts said.
Investors will also keep an eye on consumer price data from Germany and China, GDP figures from the Eurozone, Japan and the UK, as well as China’s trade data this week, they added.
“US inflation numbers would be the key trigger for bullion markets amid considerable speculation over the interest rate outlook,” Pranav Mer, Senior Vice President, EBG – Commodity & Currency Research, JM Financial Services Ltd, said. US Consumer Price Index (CPI) inflation report for August 2026 is scheduled for release on September 11.
“In gold, the prices look for resistance at Rs 1.57 lakh per 10 grams, while in case of silver we still maintain a positive bias till prices are above supports at Rs 2.31 lakh per kg,” Pranav Mer, Senior Vice President, EBG – Commodity
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