Gold and silver prices on COMEX recorded a decline on the morning of Tuesday, 31 March 2026. On Monday, prices had also fallen at the beginning of the session, but later in the evening the commodity market recovered and prices moved higher.

In the global commodity market, gold was priced at USD 4,513.00 per ounce, while silver was trading at USD 69.580 per ounce. On Monday evening, gold was at USD 4,533.30 per ounce and silver was at USD 70.935 per ounce.

Should Investors Put Money in Gold and Silver?

Investors usually take decisions based on resistance and support levels on COMEX charts. These levels help traders understand whether to buy or sell.

Here are the current signals from the charts:

Gold Resistance and Support Levels

• First resistance: USD 4,510.47 per ounce
• First support: USD 4,509.07 per ounce
• Signal: Market shows signs of caution
• Second resistance: USD 4,511.40 per ounce
• Second support: USD 4,508.60 per ounce
• Signal: Buying opportunity
• Third resistance: USD 4,511.87 per ounce
• Third support: USD 4,507.67 per ounce
• Signal: Selling pressure

Silver Resistance and Support Levels

• First resistance: USD 70.652 per ounce
• First support: USD 69.737 per ounce
• Signal: Selling pressure
• Second resistance: USD 71.160 per ounce
• Second support: USD 69.330 per ounce
• Signal: Buying opportunity
• Third resistance: USD 71.567 per ounce
• Third support: USD 68.822 per ounce
• Signal: Selling pressure

Crude Oil Volatility Affecting Gold and Silver

Tensions in the Middle East are impacting crude oil prices. Fluctuations in crude oil often affect gold and silver prices as well.