Fed Rate Cut Signals, Inflation Concerns, And Weak Rupee Fuel Record Highs in Bullion Futures
Gold pris breeded Federal Reserve Officials This Week for Further Policy Guidance.
On the Multi Commodity Exchange (MCX), Gold Futures for December Delivery Climbed ₹ 799 or 0.72 per cent to Hit a record high ₹ 1,11,750 per 10 grams.
However, the most traded precious metal futures for October delivery appreciated ₹ 761 or 0.69 per cent to ₹ 1,10,608 per 10 grams. Last Week, It Had Suried to Hit a Fresh peak of ₹ 1,10,666 per 10 grams.
Silver, Too, Witnessed Gains to Hit Record Peaks. The white metal futures for March Next Year Delivery Rallied ₹ 2,446 or 1.86 per cent to hit an all-time high of ₹ 1,33,582 per kilogram.
Similarly, the most traded silver futures for December delivery surgged by ₹ 2,473, or 1.9 per cent, to have a fresh peak of ₹ 1,32,311 per kg on the mcX.
Traders said weakness in the rupee and subdued sentiment in the domestic equity markets further supported the bullion prices.
On the global front, gold futures increase by $ 26.82, or 0.72 per cent to $ 3,732.62 per once. Last Week, it rose to Hit a Lifetime High of $ 3,744 per Once.
“Gold Pries Edged up to Hover NEAR Record Levels, as Investors LOKED Ahead to Key Us Inflation Data and Comments from Several Federal Federal Reserve Officials This Week for Further POLICY GUIDANCE,” SAID JIGAR Trivedi, Senior Research Analyst at Reliance Securities.
Last Week, The Us Federal Reserve delivered its first rate cut of the year and signalled further Reductions ahead as the Labor Market Weakens.
“Markets Currently Imply two more Reductions this year, one in October and another in December, with expectations of Continued Monetary Policy Easing Providing A Major Boost to Bullion”s 40 CENT SO CENT SO FAR FAR FAR FAR FAR FAR Year, “Trivedi said.
Gold has also been supported by Safe-Hen Demand Amid Ongoing Geopolitical Tensions and Concerns Over the Economic Impact of President Donald Trump’s Tarifs, ALONGEDED ROBUST CENT CONK BUNK BUNK BUNK BUNK BUNK BUNK BUNING Sustained etf inflows, he added.
Meanwhile, silver futures for December delivery was trading 2.17 per cent higher at $ 43.88 per oounce.
“Silver has been carving out a more aggressive trajectory than gold, driven by investment flows, solar panel demand and indictary use in Electric Vehicles, 5G Infrastructure and Battery Storage,” Singh, Research Analyst, Commodities and Currency, Emkay Global Financial Services.
Supply Growth has been mutted, leaving the market vulnerable to disrupts, she added.
Pranav Mer, Vice President, EBG – Commodity & Currency Research, JM Financial Services, Projected that Silver Prisies in the Domestic Market Have an upside Potential to Test ₹ 10,000-1,40,000,000,50,000,50,000,50,000,50,000,50,000,50,000,50,000 paper kilogram Commodities bourse.
Published on September 22, 2025