Bloomberg Commodity Index Rebalancing May Trigger Bullion Correction; Copper, Base Metals Preferred for 2026: Ajay Kedia

Gold and silver prices may see volatility due to Bloomberg Commodity Index rebalancing, but Ajay Kedia, Director at Kedia Commodities, remains structurally bullish on precious metals. He expects a correction in gold prices and a 25-28% drop in silver prices, but notes that fundamentals remain strong due to supply-demand imbalances. Kedia advises caution on fresh long positions and suggests a SIP approach in silver ETFs or multi-asset funds. He prefers copper and base metals for 2026.