Gold and Silver Prices surged on Diwali 2025 as investors returned to safe-haven assets amid global uncertainty and a weaker dollar. Check today’s gold and silver rates on MCX and Comex along with expert insights and future outlook.
After a brief dip from record highs, Gold and Silver Prices made a powerful comeback this Diwali. Investors rushed to buy precious metals again, eyeing them as safe-haven assets amid global economic worries, US Federal Reserve rate cut expectations, and continued central-bank buying.
Gold and Silver Prices Surge on MCX
On the Multi Commodity Exchange (MCX), December gold futures jumped by ₹982 or 0.77%, reaching ₹1,27,990 per 10 grams, with more than 14,900 lots traded. Gold had earlier hit a record of ₹1,32,294 per 10 grams before easing.
The February 2026 gold contract also gained ₹1,680 or 1.31%, closing at ₹1,29,743 per 10 grams. During the past week, gold futures rose by 4.65%, equivalent to ₹5,644, according to PTI data — strengthening overall Gold Prices across the domestic market.
Meanwhile, silver futures also rebounded strongly. December contracts surged ₹1,522 or 0.97% to ₹1,58,126 per kilogram in nearly 24,000 lots. March 2026 silver contracts increased ₹1,292 or 0.82%, closing at ₹1,59,361 per kg. Over the last week, Silver Prices climbed ₹10,138 or 6.92%, supported by strong industrial demand and a tightening global supply scenario.
Global Gold and Silver Prices Reflect the Same Trend
In global markets, Gold and Silver Prices showed a similar bullish momentum. On Comex, December gold futures gained $62.46 or 1.48%, to $4,275.76 per ounce after touching a record $4,392 last week.
Silver futures rose 1.50% to $50.85 per ounce, recovering after a sharp 6% fall from their record high of $53.76. Analysts noted that both Gold and Silver Prices remain supported globally due to investor preference for tangible assets in times of uncertainty.
What’s Driving Gold and Silver Prices Higher?
According to Riya Singh, Research Analyst at Emkay Global Financial Services, “Gold has surged more than 65% so far this year, powered by strong central-bank buying, robust ETF inflows, and investor positioning based on expectations of US monetary easing.”
She added that the weakening US dollar and speculation of a Federal Reserve rate cut before year-end are giving further strength to Gold and Silver Prices worldwide.
Last week’s correction came as optimism returned to US trade and credit markets. Improved relations between Washington and Beijing and strong earnings from regional banks lifted risk sentiment, temporarily reducing the demand for safe-haven assets like gold and silver.
Key Highlights at a Glance
- MCX Gold Price: ₹1,27,990 per 10 grams (up ₹982)
- MCX Silver Price: ₹1,58,126 per kg (up ₹1,522)
- Comex Gold Price: $4,275.76 per ounce (up $62.46)
- Comex Silver Price: $50.85 per ounce (up 1.50%)
- Yearly Gain: Gold +65%, Silver +6.9% last week
Experts Remain Bullish on Gold and Silver Prices
Despite short-term volatility, analysts expect the Gold and Silver Prices rally to continue through the festive and year-end season. The key factors driving this positive outlook include:
- Persistent geopolitical tensions across regions
- Continued central-bank gold accumulation
- Industrial demand boost for silver
- Expectations of US Fed monetary easing
“The broader outlook for bullion remains positive,” said one market expert. “With central banks continuing to diversify reserves, Gold and Silver Prices are likely to stay firm in the coming weeks.”
Gold and Silver Prices Outlook for Diwali 2025 and Beyond
This Diwali 2025, both gold and silver reaffirmed their dominance as the most trusted investments. With macroeconomic uncertainties and a weaker US dollar driving renewed safe-haven demand, experts believe that Gold and Silver Prices could reach new highs before the end of the year.
