Newsroom, December 23, 2025: Precious metals extended their rally as investors bet on US Federal Reserve rate cuts and sought protection from geopolitical risks. On the Multi Commodity Exchange, gold February futures climbed to ₹1,38,381 per 10 grams, while silver March contracts reached ₹2,16,596 per kilogram. Globally, gold touched over $4,530 an ounce, marking its 50th record this year.
The surge stems from expectations of looser US policy and ongoing tensions. In India, high prices have curbed jewellery demand, pushing buyers toward investments like bars and ETFs.
