Gold and Silver Prices See Historic Highs in Global Economic Uncertainty

Mumbai, October 8, 2025: Prices of gold and silver saw historic highs on the Multi Commodity Exchange (MCX) due to global economic uncertainties, dovish indications of the U.S. Federal Reserve, and increasing geopolitical tensions.

Gold Prices Rise to Record Highs

MCX gold futures of December 2025 delivery jumped to ₹1,22,165 per 10 grams, an all-time high. This is a strong jump from the close in the last session at ₹1,21,111 per 10 grams.

Angel One

Silver Prices Follow Suit

Silver also experienced a notable rally, with December 2025 futures climbing to ₹1,47,450 per kilogram. This uptick reflects steady domestic demand and neutral international cues.

Global Market Influences

Globally, gold prices climbed above $4,000 per ounce for the first time, as December delivery U.S. gold futures increased to $4,037 per ounce. This increase is due to safe-haven demand in the face of worldwide economic uncertainty and prospects of interest rate reductions by the U.S. Federal Reserve. Political instability in France and a recent leadership change in Japan have further contributed to global economic unease, prompting investors to shift toward precious metals as a safe store of value.

Outlook

Analysts predict gold prices to continue their climb, with some predicting a target level of ₹1,25,000 per 10 grams towards the end of 2025. Investors should keep an eye on these developments, as the prevailing market scenario points towards a good environment for precious metals.

REF:https://www.mcxindia.com/en/market-data/get-quote/FUTCOM/SILVER/

https://www.mcxindia.com/en/market-data/get-quote/FUTCOM/GOLD/

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations