Market Insights

Data-driven analysis on gold, silver, ETFs, and institutional positioning — for Indian investors.

GeopoliticalFeatured

War Is Raging. So Why Is Gold Falling? The Real Reason Gold Dropped 14% During the US-Iran Conflict

Gold just posted its worst week in 15 years — during an active war. MCX gold fell ₹15,000 per 10 grams in three weeks. Silver dropped ₹30,000 per kilogram. If gold is a safe haven, why is it selling off? The answer reveals something every Indian gold investor needs to understand about how gold actually behaves.

21 Mar 202610 min read
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ETF Guide

Best Gold ETF in India: What to Compare Before You Pick One

Nippon Gold BeES, Tata, SBI, HDFC, ICICI, and Kotak gold ETFs are not ranked by a single score on this page. Expense ratio and fund size are public facts. The iNAV premium is a separate check.

Makro Research16 Oct 20267 min read
ETF Guide

Best Silver ETF in India: How to Compare the Funds People Search

Tata, Nippon Silver BeES, HDFC, SBI, ICICI, and Kotak silver ETFs should be compared on cost and size first. The last traded price is public. The iNAV gap is not on this page.

Makro Research16 Oct 20266 min read
COT Report

The CFTC COT Report, Explained for Indian Gold and Silver Investors

Once a week the US regulator publishes how hedge funds and commercial hedgers are positioned in gold and silver futures. The report does not tell you tomorrow's MCX rate. It tells you who is already in the trade.

Makro Research16 Oct 20268 min read
Education

The Cheapest Gold Coin in India Is Not the One With the Lowest Sticker Price

A 2 gram coin and an 8 gram coin cannot be compared by the price on the product page. The number that matters is what you pay per gram of pure gold, set against today's 24K rate. Here is how to do that before you buy.

Makro Research16 Oct 20267 min read
ETF Guide

Gold ETF vs Gold ETF Fund of Funds: Which Account You Are Actually Buying

A gold ETF trades on the NSE like a share. A gold ETF fund of funds is a mutual fund that holds those ETF units. The cost, the account, and the way you buy them are different.

Makro Research16 Oct 20266 min read
Market Data

Gold and Silver Price Outlook: What the Public Prices Can and Cannot Say

A gold and silver outlook starts with today's MCX prices and the gold-silver ratio. It does not include Makro's premium sentiment score or a buy instruction.

Makro Research16 Oct 20266 min read
Market Data

The Gold-Silver Ratio: When Silver Is Cheap Relative to Gold, and When That Does Not Matter

The gold-silver ratio is how many ounces of silver buy one ounce of gold. A high ratio means silver is cheap versus gold by that one measure. It is not a date to buy.

Makro Research16 Oct 20267 min read
Education

Should I Buy Gold Today? What a Daily Sentiment Report Can and Cannot Tell You

A live MCX price tells you where gold is. It does not tell you whether buyers are early or late. A daily sentiment note can frame that question. It still is not an order to buy.

Makro Research16 Oct 20267 min read
Market Data

Silver Vaults Are Draining. What COMEX Inventory Data Is Telling Us Right Now

COMEX registered silver stocks have fallen over 55% since September 2025. Physical silver is leaving vaults at a pace of 20 million ounces per month. This is not noise — it is a signal. Here is what the vault data means and why Indian silver investors should be paying attention.

Makro Research21 Mar 202610 min read