Silver Price Prediction for Tomorrow, 12 August 2026: Bearish Intraday Reversal From Rs 2,43,000 High to Rs 2,37,600 Close Creates a Cautious Setup for Wednesday
- August 11, 2026
- Posted by: Kunal Singla
- Category: News
MCX Silver Tue: Rs 2,37,600/kg (-0.05%). H: Rs 2,43,000 then reversal. Crude Rs 8,024 (+2.83%). Gold +0.60%. VIX rising.
The silver price prediction for tomorrow for Wednesday 12 August 2026 is shaped by Tuesday’s dominant story: MCX Crude Oil surged 2.83% to Rs 8,024, crossing above Rs 8,000 for the first time, as Iran deal talks stalled definitively. Nifty 50 fell 112 points to 24,471.70 (-0.46%) while UltraTech Cement crashed 2.14%, Nifty FMCG dropped 1.17% and Nifty Auto fell 0.55% on crude input cost shock. Nifty IT (+0.61%) and Nifty Pharma (+1.02%) were the only sectoral gainers through defensive rotation. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the silver price prediction for tomorrow.
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Today’s Market Data for the silver price prediction for tomorrow
| Indicator | Close (Tue 11 Aug, Groww) | Change |
|---|---|---|
| Nifty 50 | 24,471.70 | -112.10 pts (-0.46%) |
| Sensex | 78,154.25 | -388.19 pts (-0.49%) |
| Bank Nifty | 57,446.25 | -240.70 pts (-0.42%); Low: 57,158.70 |
| Nifty IT | 31,823.15 | +0.61%; TCS +0.82%, Infosys +0.65% |
| Nifty Pharma | 26,750.45 | +1.02% ; top sectoral gainer; defensive rotation |
| Nifty FMCG | 48,787.85 | -1.17%; HUL -1.07%, ITC -1.29% |
| Nifty Auto | 29,458.55 | -0.55%; crude above Rs 8,000 headwind |
| Nifty Private Bank | 27,380.35 | -0.56%; Axis Bank -1.40% |
| Nifty PSU Bank | 8,640.25 | +0.01%; essentially flat; SBI -0.47% |
| Nifty Metal | 13,100.80 | -0.95%; Hindustan Zinc -1.43% |
| UltraTech Cement | Rs 11,780 (-2.14%) | Biggest large-cap loser; crude pet coke shock |
| MCX Crude Oil | Rs 8,024/bbl (+2.83%) | Above Rs 8,000 for first time; Iran deal stalled |
| MCX Gold | Rs 1,52,762/10g (+0.60%) | H: Rs 1,54,074; safe-haven demand continues |
| MCX Silver | Rs 2,37,600/kg (-0.05%) | H: Rs 2,43,000 then sharp reversal; volatile |
| MCX Copper | Rs 1,383/kg (+0.44%) | Industrial metals mildly positive |
| MCX Zinc | Rs 394.10/kg (+0.09%) | Near flat; supply deficit intact |
| MCX Natural Gas | Rs 265.10/MMBTU (-0.49%) | Consolidating after Monday’s +3.33% surge |
| India VIX | Est. 12.50-12.80 | Rising as breadth turned broadly negative |
Crude Above Rs 8,000: The silver price prediction for tomorrow Central Context
MCX Crude Oil at Rs 8,024 (+2.83%) on Tuesday is the biggest single commodity development of this week. The crude price has risen from Rs 7,356 on Friday August 7 to Rs 8,024 on Tuesday August 11 ; a 9.1% surge in three trading sessions. Ankit Jaiswal identifies this as the defining macro variable for tomorrow: at Rs 8,024, crude is creating multi-sector simultaneous headwinds across auto, FMCG, cement, chemicals and consumer durables.
Kunal Singla notes that Nifty Pharma gaining 1.02% and Nifty IT gaining 0.61% on Tuesday confirms the market is rotating defensively ; selling crude-sensitive sectors and buying crude-insensitive ones. for tomorrow, this rotation is expected to continue on Wednesday unless a formal Iran deal or OPEC+ announcement reverses crude’s trajectory overnight.
Key Factors for the silver price prediction for tomorrow
- MCX Silver’s intraday pattern on Tuesday is tomorrow’s most important technical signal. The contract opened at Rs 2,40,399, surged to Rs 2,43,000 and then reversed sharply to close at Rs 2,37,600 ; a Rs 5,400 reversal from the intraday high. This bearish reversal from Rs 2,43,000 creates overhead supply at the Rs 2,40,000-2,43,000 zone for tomorrow.
- MCX Crude Oil at Rs 8,024 (+2.83%) provides dual support for tomorrow: inflationary demand for precious metals and industrial demand from energy infrastructure spending. Despite Tuesday’s bearish reversal, the structural case for silver (inflation hedge plus industrial metal) remains intact in the silver price prediction for tomorrow.
- MCX Gold closing at Rs 1,52,762 (+0.60%) on Tuesday while silver closed -0.05% confirms the gold-silver ratio expanded on Tuesday ; meaning gold outperformed silver. for tomorrow, GSR expansion is a short-term negative: silver needs to reclaim outperformance versus gold for tomorrow to turn constructive again.
- Hindustan Zinc fell 1.43% to Rs 586.65 on Tuesday despite MCX Zinc being near flat (+0.09%). for tomorrow, Hindustan Zinc’s equity underperformance relative to MCX commodity prices signals broader risk-off sentiment in metals. This is a caution indicator for the silver price prediction for tomorrow on Wednesday.
Technical Levels for the silver price prediction for tomorrow
| Level | Zone |
|---|---|
| Key Support | Rs 2,32,000-2,34,500 |
| Secondary Support | Rs 2,26,000-2,28,000 |
| Immediate Resistance | Rs 2,40,000-2,41,500 |
| Key Resistance | Rs 2,43,000-2,44,500 |
Stocks to Watch for the silver price prediction for tomorrow
Hindustan Zinc: CMP Rs 586.65 (-1.43% Tue). Ankit Jaiswal flags entry Rs 582-590, target Rs 610, SL Rs 568. Hindustan Zinc is the direct equity expression of the silver price prediction for tomorrow. Tuesday’s -1.43% despite MCX zinc flat creates a buy-on-dip entry at Rs 582-590.
Titan: CMP Rs 4,941 approx. Kunal Singla flags entry Rs 4,890-4,940, target Rs 5,080, SL Rs 4,830. Titan silver jewellery revenue improves as MCX Silver sustains above Rs 2,35,000. The silver price prediction for tomorrow buy-on-dip applies to Titan on Wednesday’s open.
Hindalco: CMP Rs 755 est.. Ankit Jaiswal flags entry Rs 748-755, target Rs 778, SL Rs 732. Hindalco participates in the base metals complex alongside the silver price prediction for tomorrow through its integrated copper and aluminium business.
Screen All Stocks Live on Univest for the silver price prediction for tomorrow
Strategy for the silver price prediction for tomorrow
- Rs 2,32,000-2,34,500 is the buy-on-dip zone for the silver price prediction for tomorrow. Ankit Jaiswal recommends this entry on any Wednesday morning continuation of Tuesday’s reversal.
- Rs 2,40,000-2,41,500 is the first resistance for the silver price prediction for tomorrow. This was the zone where Tuesday’s intraday selling began. Short-term traders should book here.
- Rs 2,43,000 is the key breakout level for the silver price prediction for tomorrow: closing above this Tuesday high on Wednesday would signal the reversal was absorbed and the bull case is resuming.
- Kunal Singla recommends watching COMEX Silver above USD 81/oz pre-market as the overnight silver price prediction for tomorrow positive signal. Below USD 78.50 confirms the reversal is extending.
Risks to the silver price prediction for tomorrow
- Silver extending Tuesday’s reversal ; a close below Rs 2,32,000 Wednesday would confirm the silver price prediction for tomorrow bearish case with a target at Rs 2,26,000-2,28,000.
- Iran deal overnight reversing crude, removing the inflation-hedge component that supports the silver price prediction for tomorrow.
- Gold also reversing from Rs 1,54,074 intraday high Wednesday, confirming broad precious metals profit-booking in the silver price prediction for tomorrow.
Conclusion
The silver price prediction for tomorrow for Wednesday 12 August 2026 is dominated by crude oil at Rs 8,024 ; above Rs 8,000 for the first time. Ankit Jaiswal of Univest identifies Rs 2,32,000-2,34,500 as the primary support and Rs 2,40,000-2,41,500 as the resistance for the silver price prediction for tomorrow on Wednesday. The defensive sectors (IT and Pharma) provide tomorrow’s positive carry-forwards; crude-sensitive sectors (auto, FMCG, cement) face continued headwinds until energy prices moderate.
Kunal Singla of Univest notes that the silver price prediction for tomorrow for Wednesday has two binary outcomes overnight: Iran deal confirmed = sharp crude reversal and sector rotation back to auto, FMCG, cement; deal stalled = crude sustains above Rs 7,900-8,000 and defensive IT/Pharma rotation continues. Check Brent Crude pre-market Wednesday morning as the first silver price prediction for tomorrow direction signal.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Silver Price Prediction For Tomorrow, 12 August 2026
What is the silver price prediction for tomorrow, 12 August 2026?
Ans. The silver price prediction for tomorrow is cautiously bearish after Tuesday’s bearish intraday reversal from Rs 2,43,000 to Rs 2,37,600. Support is Rs 2,32,000-2,34,500 and resistance is Rs 2,40,000-2,41,500. Recovery above Rs 2,43,000 on Wednesday would confirm the bull case in the silver price prediction for tomorrow.
Why did MCX Silver reverse from Rs 2,43,000 in the silver price prediction for tomorrow context?
Ans. Silver hit Rs 2,43,000 intraday on Tuesday ; a multi-week high ; and then faced sharp profit-booking that brought the close to Rs 2,37,600 (-0.05%). The bearish reversal from Rs 2,43,000 creates overhead supply at Rs 2,40,000-2,43,000 for the silver price prediction for tomorrow.
What is MCX Silver support and resistance for the silver price prediction for tomorrow?
Ans. Support is Rs 2,32,000-2,34,500 and Rs 2,26,000-2,28,000. Resistance is Rs 2,40,000-2,41,500 and Rs 2,43,000-2,44,500 in the silver price prediction for tomorrow.
Which analysts prepared the silver price prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the silver price prediction for tomorrow using Groww-confirmed Tuesday data: MCX Silver Rs 2,37,600 (-0.05%), intraday H: Rs 2,43,000.
What stocks express the silver price prediction for tomorrow?
Ans. Hindustan Zinc (direct producer, buy-on-dip at Rs 582-590), Titan (jewellery revenue) and Hindalco (base metals complex) express the silver price prediction for tomorrow.
