Silver Prices May Hit New High on Iran Tensions

US-Iran news: Due to growing tensions over Iran’s anti-government rallies and US President Donald Trump’s threat of involvement in the war, experts forecast that silver prices would likely reach a new high on Monday, January 12, 2026.

US-Iran tensions and Iran protests impact silver outlook

Iranians flocked to Tehran, the country’s capital, as anti-government demonstrations became more intense on Saturday night due to the country’s internet outage and the crackdown by the Ayatollah Ali Khamenei-led government.

Silver prices for the March 2026 contract ended Friday’s trading session at ₹252,002 per kg, down 0.29%, or ₹723 per kilogram, from ₹252,725 per kg, according to Multi-Commodity Exchange (MCX) statistics.

MCX silver price movement and expert view

According to Anuj Gupta, a commodities specialist registered with SEBI, the most recent events concerning the tensions surrounding the uprisings in Iran and the US engagement in the war are expected to raise the price of precious metals.

According to Gupta, “Silver rates may open upside and approach $82 and $85 per ounce, while it may achieve ₹256,000 and ₹260,000 per kilogram on the MCX.” According to experts, the silver price forecast for the next week is still positive for investor confidence. Due to the growing need for solar, electric vehicles, and artificial intelligence infrastructure in the face of geopolitical threats, silver prices have been rising.

📈 Silver Price Outlook Amid US-Iran Tensions

  • Trigger: Iran anti-government protests
  • Risk Factor: US President Donald Trump’s intervention threat
  • MCX Target: ₹256,000–₹260,000 per kg
  • Global Target: $82–$85 per ounce
  • Investor Mood: Positive amid geopolitical uncertainty
  • Demand Drivers: Solar, EVs, AI infrastructure

Technical analysis and support levels

Technically speaking, Ponmudi R, CEO of Enrich Money, a wealthtech and online trading company registered with SEBI, said that the MCX silver prices are expected to see a good support at ₹240,000 to ₹245,000 per kilogram (kg).

The increased demand from the solar, EV, and electronic industries amid aggressive accumulation on pullbacks is anticipated to cause silver prices to climb further to the region of ₹260,000 to ₹270,000 per kg levels in the coming weeks if they above the ₹253,000 per kg level. Last week, the price of MCX silver shot up to ₹252,725 a kilogram. The precious metal’s recent breakout from its consolidation range suggests that the commodity is in a strong bullish channel.

🌍 Global Silver Market Signals

  • COMEX Price: $79.79 per ounce
  • Immediate Support: $75–$78 per ounce
  • Key Breakout: Above $82 per ounce
  • Upside Potential: $85–$90 per ounce
  • Trend: Strong bullish channel
  • Correction View: Shallow and short-lived

Global silver prices and outlook

Globally, COMEX silver prices saw a dramatic increase to $79.79 per ounce. Its immediate support level is now in the $75–$78 per ounce range, which coincides with previous swing lows and channel support. The commodities market analyst also pointed out that silver prices might rise to between $85 and $90 per ounce if they maintain a breach over the $82 per ounce threshold.

As supply limitations and demand fueled by green energy continue to support the wider bull phase, silver prices have “further upside likely.” If there are any corrections, they should be brief and superficial, according to Ponmudi R.

Frequently asked questions

1. What is the reason for the anticipated increase in silver prices on Monday, January 12, 2026?

Growing geopolitical tensions in Iran, anti-government demonstrations, and concerns about US interference might all lead to a spike in silver prices. These factors usually raise demand for safe-haven commodities like silver.

2. What are analysts’ anticipated price objectives for silver?

Silver is predicted by experts to test between $82 and $85 per ounce worldwide and between ₹256,000 and ₹260,000 per kilogram on MCX. If important resistance levels are broken, it may even reach ₹270,000 per kilogram.

3. What is the MCX silver price’s primary support level?

MCX silver has a solid support zone between ₹240,000 and ₹245,000 per kilogram, which may draw purchases during declines.

4. How are silver prices impacted by industrial demand?

Silver prices are receiving long-term positive support from growing demand from solar energy, electric vehicles (EVs), electronics, and AI infrastructure.

5. Which technical indications point to a silver bull market?

Silver has formed a powerful bullish channel after breaking out of its consolidation range. Maintaining over ₹253,000 per kilogram (MCX) or $82 per ounce (COMEX) might lead to more gains.

Conclusion

Given the geopolitical dangers surrounding Iran and the robust industrial demand from the green energy and technology sectors, silver prices might reach new heights. The near-to-medium-term prognosis for silver is still positive due to bullish technical indications and persistent accumulation on pullbacks. It is anticipated that any pricing adjustments would be minimal and transient.

Disclaimer

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Commodity markets are subject to risk. Please consult a SEBI-registered advisor before investing.

Gourav

About the Author

I’m Gourav Kumar Singh, a graduate by education and a blogger by passion. Since starting my blogging journey in 2020, I have worked in digital marketing and content creation. Read more about me.

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