Silver Prediction for Monday, 12 October 2026

This silver prediction for monday follows a Friday, 9 October 2026 session in which silver futures on MCX rose 1.52 percent, outpacing gold's 1.02 percent gain.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking silver and global cues over the weekend, with the next trading session on Monday, 12 October 2026.

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What Friday Told Us

• Silver traded at Rs 224,605.00 per kg, up 1.52 percent on the 4 December 2026 futures, with a high of 225,339.00 and a low of 223,639.00.
• Nifty 50 rose 1.30 percent, so equities and commodities did not move in a single direction.
• India VIX fell 5.76 percent to 14.40, a calmer reading than Thursday.

Silver Prediction for Monday: Key Levels

Silver (4 December 2026 futures) traded between 223,639.00 and 225,339.00 on Friday, against a previous close of 221,233.00, and settled at 224,605.00. On the downside, 223,639.00 and 221,233.00 are the first reference levels to watch if the Friday gains are tested. On the upside, 225,339.00 marks the nearest resistance. Univest's analysts treat these as reference points drawn from Friday's trading range, not as targets.

Trend	Support	Resistance
Positive	223,639.00, 221,233.00	225,339.00

MCX contracts keep trading into the evening, so the last traded price can differ from the figures above by the time you read this. The levels here use the 4 December 2026 contract.

For traders, this silver prediction for monday is a framework for planning risk, with position size and stop levels left to the individual.

Key Drivers for Monday

• Silver gained 1.52 percent, a bigger move than gold's 1.02 percent, which is typical because silver reacts to both bullion and industrial demand.
• Copper and zinc also rose on MCX, which supports the industrial side of silver's demand.
• The US Dollar Index and global growth signals remain the main outside influences.

Anyone following this silver prediction for monday should keep the next session's opening range in view before reading too much into early moves.

What to Watch Alongside Silver

Silver often moves with gold but swings harder, so traders usually watch the gold-silver relationship for confirmation. Hindustan Zinc and other metal-linked stocks can also react when industrial metals move together, though Univest is not tracking a specific stock move here.

How Friday's Broader Session Unfolded

The Nifty 50 closed at 22,520.45, up 1.30 percent, with a high of 22,580.75 and a low of 22,294.75. The Sensex closed at 72,472.33, up 1.23 percent, and the Bank Nifty closed at 55,256.65, up 1.36 percent. India VIX, the market's fear gauge, fell 5.76 percent to 14.40, which usually points to calmer expectations for near-term swings. The Friday gains followed a sell-off in the previous session, so part of the move may be a rebound rather than a fresh trend. The trigger for the broad gain was not independently confirmed.

Univest's analysts suggest treating this silver prediction for monday as a preparation note for Monday, 12 October 2026, rather than a signal that changes over the weekend.

Analyst View for Monday

Kunal Singla suggests that silver is likely to stay more volatile than gold, with 225,339 the level that decides whether Friday's rise extends.

Ankit Jaiswal flags that industrial demand and the dollar both matter for silver, so a mixed signal between the two would favour range-bound trade.

This silver prediction for monday will be most useful when read alongside the support and resistance table above.

Why This Is Written for Monday

Indian equity markets are closed on Saturday and Sunday, so Friday's closing prices remain the last cash-market data until trading resumes on Monday, 12 October 2026. Treat this silver prediction for monday as a briefing to prepare for that session, not a live call that updates over the weekend.

MCX futures trade into Friday night, so global moves late on Friday can shift Monday's opening price.

A fair reading of this silver prediction for monday is that Friday's data sets the context, while Monday's first hour decides how much of it carries forward.

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Risks to This Prediction

• Silver is more volatile than gold, so a reversal can be sharper than the gains seen on Friday.
• A weaker industrial demand signal could cut the industrial support for silver.
• A stronger US Dollar Index over the weekend could weigh on bullion.

Readers comparing views should note that this silver prediction for monday draws only on Friday's closing numbers and the factors listed here.

As with any silver prediction for monday, the opening minutes of Monday's trade will confirm or challenge the levels discussed here.

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The silver prediction for monday also depends on India VIX, so a fresh rise in volatility would weaken the case made here.

Conclusion

The silver prediction for monday leans firm into 12 October 2026, with global cues and the US Dollar Index as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Monday's opening trade confirms direction.

Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.

Frequently Asked Questions

What is the silver prediction for monday?

Ans. It is firm for 12 October 2026, after Silver traded at Rs 224,605.00 per kg on Friday, up 1.52 percent.

Why is this a prediction for Monday and not for Saturday or Sunday?

Ans. Because Indian markets are closed on Saturday and Sunday, so the next regular trading session is Monday, 12 October 2026.

Why did silver rise faster than gold on Friday?

Ans. Silver rose 1.52 percent against gold's 1.02 percent. Silver has both bullion and industrial uses, and industrial metals such as copper and zinc also gained on MCX.

What are the key silver levels for Monday?

Ans. Friday's low of 223,639.00 and the previous close of 221,233.00 act as support below the price, while Friday's high of 225,339.00 is the nearest resistance.

Is this a buy or sell call?

Ans. No. This is an educational outlook from Univest's research team, not a buy or sell call. Traders should check any view against their own risk plan before acting.