How Nifty, gold and silver may react if oil hits $200 per barrel?

A surge in crude oil price to $200 per barrel could trigger a sharp fall in Nifty, leading to a structural revaluation of the Indian economy, analysts said. Gold could potentially rally 15-25% from current levels, while silver could surge 25-40% in such a scenario, Augmont's Renisha Chainani stated. Oil price crossed $100 per barrel this month amid Gulf tensions.