Gold, silver price prediction: Will gold prices fall further? Check outlook on October 22, 2026 - The Times of India

AI desk brief

Abhilash Koikkara (Nuvama) sees MCX gold and silver staying in negative territory near term, with both markets retaining a sideways-to-bearish bias. Gold is said to have tested the 145,000 support zone, with 140,000 the next key support and 149,000-150,000 the upside trigger that would invalidate the bearish setup; the stated trading idea is short from 145,900 targeting 139,000 with a 148,500 stop.

Silver is described as tracking gold lower, with 207,000 acting as key support and downside levels at 200,000 and 195,000 if that breaks. Resistance is 220,000, and the suggested strategy is short from 210,000 targeting 195,000 with a 220,000 stop.