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Gold and Silver Prices Set to Surge in 2025- Gold Could Reach Rs 90000

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Gold prices in India surged by 21% in 2024, driven by central bank policies, geopolitical risks, and strong global demand. As of January 1, 2025, gold prices were Rs 78,000 per 10 grams for 24K, with predictions pointing towards a rise to Rs 85,000-90,000 in 2025. While gold outperformed other commodities in 2024, experts recommend a “buy-on-dips” strategy for investors, as prices may consolidate before further gains. Geopolitical tensions and central bank actions will continue to support the demand for gold and silver.

Silver also saw impressive gains in 2024, with prices expected to reach Rs 1.1-1.25 lakh per kg, fueled by industrial and investment demand. Experts like Manav Modi from Motilal Oswal Financial Services maintain a positive outlook for both metals in the medium to long term, forecasting potential price growth even amid market fluctuations. However, while Rs 1 lakh for gold is considered optimistic, extreme economic conditions could push it towards that mark.

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National News

MCX Precious Metals Face Notable Selling Pressure

Precious Metals Extended Losses As A Stronger U.S. Dollar and Rising Fed Rate-Hike Expectations Weighed On Investor Sentiment.

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The selloff mirrored a broader rout in international markets. On India’s Multi Commodity Exchange (MCX), precious metals faced notable selling pressure during early morning trading on Thursday, June 25.

MCX Market Snapshot

CommodityContractPriceChangeSpot Price
MCX Gold FuturesAugustRs P1,40,749 per 10 gm-0.37%Rs 1,41,814 per 10 gm (+0.22%)
MCX Silver FuturesJulyRs 2,10,801 per kg-1.07%Rs 2,14,200 per kg

The selloff mirrored a broader rout in international markets, where gold touched levels not seen in over half a year.

Gold prices retreated on Thursday morning, pressured by a resurgent U.S. dollar as investors increasingly priced in aggressive Federal Reserve monetary tightening. The downward momentum has pushed safe-haven bullion toward multi-month lows across major global exchanges.

International Gold Market

IndicatorPriceMovement
U.S. Spot Gold$3,985.89/ozDown 0.4%
U.S. Gold Futures (August)$3,979.27/ozLower amid macro pressures

U.S. Spot Gold fell 0.4% to $3,985.89 per ounce in early trading. This followed a bruising Wednesday session where the metal carved out a fresh seven-month low, marking its weakest performance since November 2025.

U.S. Gold Futures for August delivery similarly buckled under macro pressures, dropping to $3,979.27 per ounce.

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