COMEX Spot Bullion Report (Gold & Silver) — Fundamentals + Latest News

✅ Fundamentals for the Day (IST)

11:15 pm — FOMC Member Barkin speaks
11:31 pm — U.S. 10-Year Bond Auction (watch yields + USD reaction)
4:30 am — FOMC Member Williams speaks

🔥 Key Macro Trigger (Tomorrow)

U.S. CPI (Jan 13, 2026): Market is positioned that inflation cools, increasing rate-cut pressure → typically USD down / yields down = bullish for Gold & Silver.
If CPI prints hotter than expected: quick profit-booking dip possible.

📰 Latest News That’s Moving Bullion (last ~48 hrs)

1) Safe-haven rush: Gold broke above $4,600 (record zone)

Gold pushed into fresh highs as risk sentiment got hit by Fed-independence worries + political pressure headlines, weakening the dollar and lifting haven demand.

2) Geopolitics back in control: Iran risk + Greenland tension

Markets are pricing higher geopolitical risk premium after fresh headlines around U.S. military options on Iran and renewed tension regarding Greenland—both supportive for gold’s “open buy” structure.

3) Silver = upside but extreme volatility warning

Banks/analysts are flagging that silver can continue sharp swings due to inventory/location bottlenecks (London tightness vs stock elsewhere) + policy uncertainty (incl. China-related risk narratives), so targets can hit—but with violent pullbacks.

📌 Market Condition (as per your view)

Gold & Silver are in “Open Buy” mode

Gold reference zone: $4,632 → $4,727
Silver reference zone: $88 (major magnet)

This matches the broader market tone where dips are being bought on geopolitical + rate-cut expectations.

🟡 GOLD (COMEX Spot)

Range

$4,550 – $4,727

Our Preference (Buy on Dip)

Buy Gold @ $4,552+
Targets: $4,628 then $4,727
SL: Only below $4,530 (if sustain)

Commentary

10Y auction is key: if yields soften, gold can push one-way into the upper band.
Tomorrow CPI is the trigger for continuation: a softer CPI print can keep gold bid with limited correction.

⚪ SILVER (COMEX Spot)

Immediate Buy start @ 83.80$ for target 84$ with Stop loss of 83$ below only if sustain

Our Preference (Buy)

Buy Silver @ $81.40
Target: $88
Back-up buy zone: till $80

Commentary

Silver has the power to spike fast, but expect whipsaws (inventory bottlenecks / positioning). Keep SL discipline tighter than gold.

⚠️ Risk Notes (Today–Tomorrow)

CPI surprise hot → instant correction risk (both metals), silver correction can be deeper intraday.
Hawkish tone from speakers (Barkin/Williams) → yields up, temporary pressure on bullion.
Geopolitical headlines can override everything (risk premium stays active)