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Gold and metallic prices regained their radiance connected Monday (October 20, 2025), rising successful the home futures marketplace arsenic investors turned to worth buying aft a little pullback from grounds highs and renewed appetite for harmless haven assets amid planetary uncertainties.
On the Multi Commodity Exchange (MCX), golden futures for December transportation climbed ₹982, oregon 0.77%, to ₹1,27,990 per 10 grams successful a concern turnover of 14,913 lots.
The yellowish metallic had surged to an all-time precocious of ₹1,32,294 per 10 grams connected Friday (October 17, 2025) earlier settling astatine ₹1,27,008 per 10 grams, snapping a five-day rally.
The February 2026 declaration for golden besides precocious ₹1,680 oregon 1.31%, to ₹1,29,743 per 10 grams successful 1,862 lots. It had touched a caller highest of ₹1,34,024 per 10 grams successful the erstwhile marketplace trade.
Last week, golden futures roseate by ₹5,644, oregon 4.65%, reflecting beardown capitalist sentiment.
Silver futures, too, joined the recovery. The achromatic metallic for December transportation rallied by ₹1,522 oregon 0.97% to ₹1,58,126 per kilogram successful a concern turnover of 23,985 lots. It had touched an all-time precocious of ₹1,70,415 per kg connected the MCX.
The March 2026 declaration accrued by ₹1,292 oregon 0.82% to ₹1,59,361 per kg successful 5,787 lots. It had scaled a beingness precocious of ₹1,72,350 per kilogram successful the erstwhile trade.
Over the past week, metallic prices person risen ₹10,138, oregon 6.92%, supported by concern request and persistent proviso constraints.
Analysts said safe-haven request remains resilient amid heightened geopolitical tensions, planetary trade-related uncertainties, and concerns implicit a prolonged US authorities shutdown.
In the planetary markets, some golden and metallic witnessed renewed buying aft a little correction. On the Comex, golden futures for December transportation precocious by $62.46, oregon 1.48%, to $4,275.76 per ounce aft touching an all-time precocious of $4,392 per ounce connected Friday (October 17, 2025).
"Gold has surged much than 65% truthful acold this year, buoyed by a potent premix of central-bank buying, robust ETF inflows, and assertive positioning connected expectations of US monetary easing," Riya Singh, Research Analyst, Commodities and Currency, Emkay Global Financial Services, said.
She added that the weakening dollar and speculation that the US Federal Reserve could denote an outsized complaint chopped earlier year-end person strengthened the outlook for bullion.
"Silver has besides gained substantially, though ETF inflows into the achromatic metallic person started to plateau, suggesting immoderate fatigue successful that segment," Mr. Singh said.
Silver futures connected Comex roseate 1.50% to $50.85 per ounce aft a volatile week successful which the metallic had deed a grounds of $53.76 per ounce earlier sliding 6% successful its sharpest autumn successful six months.
According to commodities marketplace experts, past week's correction was triggered by easing fears implicit U.S. recognition conditions and signs of betterment successful commercialized relations betwixt Washington and Beijing, which reduced contiguous safe-haven demand.
Investment sentiment besides improved aft U.S. President Donald Trump's remarks helped easiness commercialized tensions, portion upbeat net from determination banks lifted equities and Treasury yields, weighing connected gold's safe-haven appeal.
Despite corrections, an adept said, "The broader outlook for bullion remains positive. They expect golden and metallic to enactment supported successful the coming weeks connected continued geopolitical uncertainty, cardinal slope buying, and expectations of further monetary easing by the US Federal Reserve."
