Golden rate today: Repoie’s low fuels RS 1,600 per 10 grams of Surge in yellow metal, fresh peak

Gold and silver bulls dominated the trade only a few hours before the end of Friday, with MCX Gold Contracts jump over RS ​​1,600 per 10 grams and Silver Futures that collect RS 1,900 per kg to fresh lifetime highlights. The rise in domestic prices reflected the power in the worldwide markets, while the weakness of rupees against the US dollar gave a new impulse to the precious metal.

The Golden Futures of October reached the Lifetime High from RS 1.03.760 per 10 grams and won 1.6% or RS 1,660 on the closing price on Thursday, while December silver rose by 1.6% and the pipe of more than RS 1.900 against the last final race.

Gold prices on the Comex traded at $ 3,508.50 per Troy Oune, an increase of $ 34.20 or 1% while Silver traded at $ 40,300 per Troy Oune won, won
With $ 0.597 or 1.50% around 9:30 India Time. Gold and the silver prices were moved in 2025 in 2025 so far with the yellow metal that ralles more than 35%, while the white metal rises by 36% with a marginal lead.

The performance of Gold in 2025 was phenomenal, so that all goals are estimated at the beginning of the year. Analysts had estimated a target of RS 95,000 for domestic gold in the Bull Case scenario.

Expert Anuj Gupta, director of YA Wealth Global Research, has recommended a purchase strategy for gold and silver, in which the Bullrun is taken over to continue with the tariff policy of US President Donald Trump.

However, Repoie’s new Lifetime Low compared to the US dollar led to the domestic precious metal prices. A weaker rupid makes import for India expensive.

The Indian rupid ended today 0.65% at 88,1950 per USD versus previous closure of $ 87,6250.

In commentary on the action of the day, Jateen Trivedi, Vice -President research analyst – said Commodity and Currency at LKP Securities that the gold prices remained positive when the market responded to a falling rupid. “Rupee weakness offered MCX Gold a push, causing the prices to be lifted. Growing problems with the trade rate and unresolved India-us trade-related issues continue to be raised gold, while the depreciating rupee makes gold more expensive in the Indian markets. In the coming days, the Gold Prizes are expected in the RS 1.00,000,” He said.

Anuj Gupta, director of YA Wealth Global Research recommends a purchase on gold and silver, in which a further upside down is estimated.

Goudhandels strategy by Anuj Gupta

– Buy gold at RS 1.02,500 with a stop loss of RS 1.00,000 and a target of RS 1.05,000.

– Buy silver on RS 1.17,000 with a stop loss of RS 1.15,000 and target price of RS 1.22,000

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)