Gold & Silver Rates at Fresh Peaks: MCX yellow metal crosses Rs 1.10 lakh for first time, white metal hits Rs 1,29,600
Published on 15/09/2025 10:06 PM
Gold and Silver at Record Highs Again: Domestic gold and silver rates scaled fresh peaks on Monday, tracking global benchmarks. On MCX, gold futures (October 3) hit an unprecedented Rs 1,10,299 in the final couple of hours in the evening session, crossing the Rs 1.10 lakh mark for the first time ever. Silver futures (December 5) scaled a peak of Rs 1,29,600. Both precious metal contracts recovered initial losses to register new all-time highs, with COMEX benchmarks hitting the record highs of Rs $3,722.2 an ounce and $43.13 an ounce, respectively.
With the latest record highs in place, both metals have extended a record-breaking run, having scaled a series of highs this month.
Most analysts attribute the surge to a softer dollar, firm safe-haven demand and expectations around the US Federal Reserve’s rate outlook with a key FOMC meeting due this week.
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Global markets are pricing in a 25-basis-point cut in the upcoming Fed policy review.
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