Silver Prediction for Monday, 20 July 2026: MCX Silver Eases 0.24 Percent to Rs 2,15,500

Silver prediction for monday: MCX Silver September futures eased to close at Rs 2,15,500 on Friday, down 0.24 percent, a modest pullback that came even as Indian equities rallied sharply on the back of strong IT and banking sector gains. This silver prediction for monday is built on Friday, 10 July 2026’s closing data, the last completed session before markets reopen on Monday, 13 July 2026.

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the silver prediction for Monday shows the metal’s own week-long cooling trend continuing, with the modest Friday decline extending a pattern that has now persisted for several sessions as safe-haven demand has gradually faded.

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Market Recap Behind the Silver prediction for monday

Silver opened at Rs 215,268, touched a low of Rs 2,13,824 and closed at Rs 2,15,500, its lowest close in over a week. With markets closed over the weekend, this silver prediction for Monday is built on Friday’s data, the last completed session before trading resumes.

Silver prediction for monday: Trend and Key Levels

Trend: Sideways to Bearish Below Rs 2,18,000

Level Type	Value
Support 1	Rs 2,13,000
Support 2	Rs 2,10,000
Resistance 1	Rs 2,18,000
Resistance 2	Rs 2,21,000

Ankit Jaiswal flags Rs 2,13,000 as the key support for the silver prediction for Monday, with Rs 2,18,000 as the first resistance. A close above Rs 2,21,000 would suggest safe-haven demand is reasserting itself, while a break under Rs 2,10,000 would confirm the current multi-session cooling trend has further to run.

Silver’s Multi-Session Cooling Trend Continues

Indian equities rallied sharply on Friday, led by IT and banking stocks and gains in Reliance Industries ahead of its Q1 FY27 results, even as crude oil extended its climb for a fifth straight session amid the unresolved Strait of Hormuz crisis. With markets shut over the weekend, this outlook for Monday, 20 July 2026, is built entirely on Friday’s closing data. Ankit Jaiswal notes that silver’s continued softness, now spanning several sessions, reflects the broader fading of safe-haven demand as equity markets have shown increasing resilience to the ongoing but seemingly stable Hormuz situation.

Key Triggers in the Silver prediction for monday

These triggers dominate the outlook heading into Monday, 13 July 2026:

• Weekend geopolitical developments: Any fresh escalation would likely revive silver’s safe-haven bid, typically more sharply than gold’s.
• Industrial demand signals: Silver’s dual identity means broader economic data remains relevant independent of the safe-haven story.
• Continued equity market strength: If Monday extends Friday’s rally, it could keep pressuring silver further.

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Related Precious Metals to Watch

Gold’s more modest move makes it a useful comparison point alongside the silver prediction for Monday.

Gold: MCX Gold rose a modest 0.17 percent on Friday, a divergence from silver’s own decline.

Crude Oil: MCX Crude Oil rose 1.67 percent on Friday, its fifth straight session of gains, a clear divergence from precious metals.

Risks to the Silver prediction for monday

These factors can invalidate this outlook:

• Continued equity resilience: Would keep silver under pressure if markets keep looking past the Hormuz crisis.
• Weak industrial data: Would add a second layer of pressure beyond the fading safe-haven trade.
• Weekend severe escalation: Could quickly reverse silver’s recent weakness given the metal’s characteristic volatility.

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Conclusion

The silver prediction for Monday, 20 July 2026, is sideways to bearish below Rs 2,18,000, after the metal closed at its lowest level in over a week on Friday. Ankit Jaiswal flags Rs 2,13,000 as the key support in the silver prediction for Monday, with the market’s continued resilience to the Hormuz crisis the central theme heading into the new trading week.

FAQs on the Silver prediction for monday

What is the silver prediction for Monday, 20 July 2026?

Ans. The silver prediction for Monday, 20 July 2026, is sideways to bearish. MCX Silver September futures closed at Rs 2,15,500 on Friday, down 0.24 percent, its lowest close in over a week.

Which analyst gave the silver prediction for Monday?

Ans. Ankit Jaiswal, Senior Research Analyst at Univest, has shared the silver prediction for Monday, flagging Rs 2,13,000 as the key support level for the new trading week.

Why has silver been cooling for several sessions?

Ans. Silver’s multi-session cooling trend reflects the broader fading of safe-haven demand as equity markets have shown increasing resilience to the ongoing Hormuz crisis, a pattern the silver prediction for Monday notes has persisted for several sessions now.

Could silver’s safe-haven demand return quickly?

Ans. The silver prediction for Monday notes that any weekend escalation in the Hormuz crisis could quickly revive silver’s safe-haven bid, typically more sharply than gold’s given the metal’s characteristic volatility.