New Delhi, April 6 -- The last year has belonged to the commodity market.

From a relentless rally in gold and silver through 2025 to the sudden surge in crude oil prices in early 2026 amid escalating geopolitical tensions, commodities have moved from the sidelines to the centre of investor attention.

For portfolio allocators, this presents both an opportunity and a dilemma. Each of these commodities is being driven by a distinct narrative - safe-haven demand, industrial recovery, and supply disruption - making the choice far from straightforward.

As the new financial year begins, the key question is not just which commodity will outperform, but how investors should position across gold, silver, and oil to balance returns, risk, and div...