Newsroom, November 15, 2025: Domestic 24-carat gold rates rose Rs 4,694 per 10 grams over the week to close at Rs 1,24,794, propelled by investors seeking stability amid U.S. economic data gaps and a softening dollar index hovering near 100, while the rupee edged toward 89 against the dollar.
Globally, spot prices held around $4,000 per troy ounce but dipped $127 Friday as hopes for a December Federal Reserve rate cut waned from 90% to 60% after Chair Jerome Powell's cautious comments. In India, an intraday drop of nearly Rs 5,000 to Rs 1,21,895 reversed later, reflecting volatile sentiment post-government shutdown resolution.
Silver maintained resilience with support at Rs 1,60,950-1,59,400 and resistance at Rs 1,63,850-1,64,900. Analysts anticipate short-term softness in precious metals until fresh safe-haven flows or Fed policy signals emerge, with gold eyeing support at Rs 1,25,750-1,24,980 and resistance at Rs 1,27,750-1,28,400.
