Gold and silver surprised investors on Monday, november 3, 2025, with a sharp upward move, despite a strong US dollar and the Federal Reserve maintaining firm interest rates. This unexpected rally has traders and buyers wondering if bullion is headed for record highs.

📈 1. Recent Price Movement

· Gold prices rose by approximately ₹1,500 per 10 grams in indian markets.

· Silver surged ₹2,000 per kilogram, rebounding after a two-week decline.

· Analysts describe this as a strong short-term bullish correction, driven by global demand and local market sentiment.

🌍 2. Factors Driving the Rally

🔹 Strong local Demand

· Festive and wedding season in india has boosted jewelry purchases.

· Retail buyers and jewelers are stocking up, creating upward pressure on prices.

🔹 Industrial and Investment Demand

· silver benefits from industrial consumption in electronics and solar energy.

· gold remains a preferred safe-haven investment, especially during global economic uncertainty.

🔹 Global Market Trends

· Despite a strong USD and the Fed’s tight monetary policy, safe-haven buying persists.

· Investors often buy gold and silver as hedges against inflation and geopolitical risks.

🔮 3. Expert Opinions

· Ravi Malhotra, Commodities Analyst:

“The rally shows that bullion demand in india is resilient, even in the face of global headwinds. Prices could test previous highs if this trend continues.”

· Anjali Mehra, Financial Planner:

“Short-term corrections are normal, but sustained buying during the festive season may push gold and silver closer to record levels.”

💡 4. Should You Buy Now?

· Investors: Consider gradual buying instead of lump-sum purchases to mitigate volatility.

· Buyers for personal use: Jewelry shopping during a price dip within the rally can maximize value.

· Traders: Track global cues, USD movements, and RBI auctions for entry points.

🏁 5. Quick Takeaways

· gold and silver prices rebounded sharply despite USD strength and Fed rate hikes.

· Festive and industrial demand are key drivers in India.

· Experts suggest cautious but strategic buying to benefit from the rally.

· Bullion could approach record highs if the current trend continues.

Disclaimer:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.

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Balasahana Suresh

04/11/2025 10:13 AM