Silver Prediction for Monday, 28 September 2026

This silver prediction for monday follows a Friday, 25 September 2026 session in which broader equity markets extended their recovery, with Nifty 50 gaining 0.34 percent to 23,140.50 as India VIX eased 4.18 percent to a calmer 12.16, its second straight session of easing after Thursday's sharp spike, with Nifty Auto leading equity gains even as crude oil and natural gas both reversed sharply lower.

Univest's research desk, led by Ankit Jaiswal and Kunal Singla, is tracking global cues closely here, since commodity prices on MCX often move in step with international benchmarks and the US Dollar Index.

This silver prediction for monday should be read alongside the support and resistance levels detailed above.

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Also read – Stock Market Prediction for Monday, 28 September 2026

Friday's Recap

• Silver closed at Rs 236,850.00 per kg, up 1.44 percent on the 4 December 2026 futures.
• Nifty 50 gained 0.34 percent, extending its recovery from Thursday's sharp sell-off.
• India VIX eased to a calmer level, its second straight session of easing.

Univest's desk will revisit this silver prediction for monday once Monday's opening trade confirms direction.

Silver Prediction for Monday: Key Levels

Univest's desk is watching whether silver can extend its firm tone into 28 September 2026. A sustained move in crude oil prices and the US Dollar Index over the weekend will be the main swing factor, since both influence MCX pricing directly.

Key Drivers for Monday

• Crude oil fell sharply, down 2.79 percent on mcx, reversing thursday's spike as the risk premium tied to earlier geopolitical tensions unwound.
• India vix eased 4.18 percent to a calmer 12.16, its second straight session of easing after thursday's sharp spike, with nifty auto leading equity gains even as crude oil and natural gas both reversed sharply lower.
• Movement in the US Dollar Index, which typically has an inverse relationship with metal and bullion prices on MCX.

Stocks to Watch Alongside This Commodity

Silver often takes cues from both gold and industrial metal trends, so today's outsized gain alongside gold points to continued hedging demand even as risk appetite broadly improved.

Traders relying on this silver prediction for monday should still size positions to their own risk appetite.

Why This Uses Friday's Data

Indian markets are closed Saturday and Sunday, so Friday's closing prices remain the last available data until trading resumes on Monday, 28 September 2026. Treat this prediction as a weekend briefing rather than a live call.

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Risks to This Prediction

• A sharp reversal in crude oil prices over the weekend could change the direction implied here.
• Any unexpected US Federal Reserve commentary could move the US Dollar Index and, in turn, MCX prices.
• Thin volumes early Monday can exaggerate short-term moves.

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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Conclusion

This silver prediction for monday leans firm into 28 September 2026, with crude oil prices and global cues as the key variables to track. Traders should size positions carefully given the current volatility backdrop.

Also read – Nifty 50 Prediction for Monday, 28 September 2026

This silver prediction for monday is built from Friday's verified closing data, since markets are shut over the weekend.

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 points to a firm tone on 28 September 2026, after Silver closed at Rs 236,850.00 per kg on Friday, up 1.44 percent.

Why is this a prediction for Monday and not tomorrow?

Ans. Because Indian markets don't trade Saturday or Sunday, Friday's close is the last available data until trading resumes Monday, 28 September 2026.

Why did Silver move higher today?

Ans. Silver moved higher today mainly because the metal rallied even more sharply than gold, both climbing together even as broader equity markets recovered.

What is the silver price on MCX right now?

Ans. Silver was trading at Rs 236,850.00 per kg on the 4 December 2026 futures as of Friday's close.

How is silver different from gold in Monday's prediction?

Ans. Silver has both a safe-haven and an industrial-demand component, so the silver prediction for Monday can diverge from gold, though today both rallied together.

Is now a good time to trade based on this outlook?

Ans. Whether to trade on this outlook depends on individual risk appetite. Univest's analysts suggest tracking crude oil prices and the US Dollar Index before taking a position for Monday's session.