Gold and silver futures experienced profit booking on Wednesday after reaching record highs, influenced by the U.S. President s comments on China and the Federal Reserve. This triggered a price drop in gold, while silver found support from industrial metals.

This usually results in a decrease in open interest and can drive the stock price higher.

Elara Capital s Garima Kapoor believes India s 6.2% growth forecast by the IMF is realistic, though RBI and the Ministry of Finance may need to revise their estimates downwards. Trade uncertainties persist, but pro-growth policies and favorable cyclical tailwinds support the Indian economy.

He expressed confidence that a de-escalation in the trade war between the world’s two largest economies is likely.

Tariffs are imposed and postponed frequently, affecting supply chains and operations across industries.

Amidst economic uncertainties, gold has surpassed Rs 1,00,000, outperforming traditional investments. Fueled by geopolitical tensions and central bank buying, experts suggest a buy on dips strategy, anticipating further gains. However, caution is advised, recommending a limited allocation for diversification rather than an all-in approach, considering potential shifts in market dynamics.

Bitcoin surged past $93,000, fueled by positive remarks from U.S. President Trump and easing global tensions. Ethereum also jumped, leading a broad altcoin rally. Increased institutional buying, with Bitcoin spot ETFs seeing significant inflows, and a shift in investor sentiment contributed to the surge.

Technical analysts are starting to suggest that the markets may be approaching overbought conditions, a situation that often triggers profit-taking. Yet, just as the market seemed poised for a pause, the global outlook took a more positive turn, boosting sentiment once again.

NSE s MD & CEO, Ashishkumar Chauhan, highlights Nifty s impressive 24-fold growth in 29 years, surpassing gold and S&P 500 returns. He anticipates a similar surge by 2047, driven by India s rapid growth, technological adaptation, and rising entrepreneurship. Chauhan advises retail investors to maintain a long-term perspective to navigate market fluctuations and reap the benefits.