Gold, silver price prediction: Will gold hit Rs 1.5 lakh in Dhanteras week? Check outlook on November 5, - The Times of India

AI desk brief

• Nuvama’s Abhilash Koikkara sees recovery potential in MCX gold, quoted at Rs 143,200. A sustained weekly close above Rs 146,000 would reinforce his bullish outlook; immediate resistance is Rs 147,500 and his target is Rs 150,000.
• Gold support lies at Rs 140,000 and Rs 138,000; a weekly close below Rs 138,000 would invalidate the bullish setup. These are source technical scenarios, not established price outcomes.
• Silver, quoted at Rs 187,700, faces resistance at Rs 198,000, with recovery toward Rs 210,000 conditional on holding Rs 174,000 support. A decisive break below support could reinforce the bearish trend. Koikkara cautions that the rebound may merely be a short-term, news-driven move within that broader downtrend.