August 2025 ended with a spectacular surge in precious metal prices across India. gold and silver touched all-time highs, fueled by global uncertainty, expectations of US Federal Reserve rate cuts, and strong industrial demand.
1. gold Soars by Rs 51,300 in 24K per 100 Grams
- 24K Gold: From Rs 9,98,200 to Rs 10,49,500 per 100 grams
- 10 grams: Increased by Rs 5,130, reaching Rs 1,04,950
- 22K Gold: Rs 9,62,000 per 100 grams
- 18K Gold: Rs 7,87,100 per 100 grams
- Overall, gold surged more than 5% across carats in August.
This record rise highlights growing investor appetite for the yellow metal amid geopolitical and economic uncertainty.
2. silver Outperforms gold with 7% Monthly Gain
- Silver Price (1 Kg): Rs 1,21,000 as of august 31
- Silver outpaced gold with a 7.03% increase in August.
- On MCX, september 2025 silver contracts peaked at Rs 1,20,900 per kg before correcting slightly to Rs 1,20,250.
Industrial demand and safe-haven flows contributed to silver’s impressive performance.
3. MCX & Spot Trends
- MCX gold (Oct 2025): Rs 1,03,780 per 10 grams after touching Rs 1,04,090
- Spot Gold: Climbed to $3,445 per ounce, nearing April’s record of $3,500
- Spot Silver: Surged past $39.5 per ounce, the highest since september 2011
Investors continue to treat precious metals as a hedge amid US monetary policy uncertainty and global economic concerns.
4. Factors Driving the Surge
- Softer US Dollar: Boosted safe-haven demand
- Fed Rate Cut Expectations: Fed governor Christopher Waller signaled possible easing starting September
- Political Uncertainty: Lawsuits and challenges surrounding Fed independence added caution
- Economic Data: Cooling labor market and jobless claims supported dovish Fed bets
These factors combined to provide a solid floor for bullion prices and sustained investor interest.
5. gold & silver Outlook: Sept 1–7, 2025
- MCX Gold: Expected range Rs 98,500 – Rs 1,04,000 per 10 grams
- MCX Silver: Likely to trade between Rs 1,10,000 – Rs 1,21,000 per kg
- Comex Gold: Faces resistance at $3,580 and support around $3,300
- Comex Silver: Expected trading range $36.90 – $41.00 per ounce
Analysts predict bullish momentum for gold, potentially marking its best performance since april 2025, with silver following closely.
6. Takeaway for Investors
- Precious metals continue to serve as safe-haven assets amid global uncertainty.
- Short-term volatility is expected, but dovish Fed expectations and political instability provide support.
- Investors are advised to monitor MCX and spot market trends while planning bullion purchases.
.jpg)
click and follow Indiaherald WhatsApp channel