Gold futures contract reached a new high of $4440 for the 52nd time this year, rising 66%. Silver’s futures contract has increased 131% this year, reaching $69.5, breaking 15 records in the process. Both metals are on track to make their largest advances since 1979, when they also set a record number of highs.
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Precious Metals witnesses year-end profit booking
The precious metal dipped lower due to profit-taking and lacklustre long liquidation from short-term futures traders due to the year-end.
Precious Metals scale to a new high again
Gold and Silver continue their uptrend, setting new all-time highs as investors anticipate two interest rate cuts in early 2026.
Silver chases new record $66 on mixed US jobs report
Silver reached new all-time highs of $66 (~Rs 205,000) after mixed US jobs data pushed investors to seek other assets delivering higher yields to mitigate risk.
Precious metals witness profit booking ahead of Employment data.
Gold and silver prices fell as investors awaited the US nonfarm payrolls report for October and November, which would provide additional information on the Federal Reserve’s policy stance.
Precious Metals touch record high prices amid easing monetary policy
Gold and silver prices reached record highs last week, jumping 3% and 6%, respectively, as the FED cut interest rates last week and the BOE expected to cut this week. ECB is expected to take a pause, while the BOJ is expected to raise interest rates.
Silver skyrockets to the Rs 2 lakh level
Gold and silver skyrocket even though the Fed has turned dovish and hinted at a lower rate reduction in 2026. Positive events related to the Ukraine peace deal may limit the bullion price’s upside.
FED turns dovish, projecting only one rate cut in 2026.
Despite the Federal Reserve’s dovish estimate for interest rates in 2026, gold and silver prices are trading strongly due to safe-haven demand amid geopolitical instability.
Silver touches a new high above Rs 190K, ahead of the FED meeting
Gold is trading in a range, while silver has reached a new high of $62 (~Rs 190,000/kg). Markets are anticipating a Federal Reserve interest rate cut later in the day, as well as firmer signals on policy direction through 2026.
Precious metals steady before the FED meeting
Gold and silver prices are stable, supported by risk aversion and anticipation of a 25bp rate drop by the Federal Reserve at its meeting on December 9-10.
FED dot plot will decide the further direction of precious metals
The focus will be on the FED meeting and dot plot rhetoric. In September, the dot plot forecast three rate cuts by the end of 2026, one more than in June meeting. More rate cut expectation will support precious metals rally.
Precious Metals Wait for PCE Data for Further Cues
Gold and silver prices are consolidating as rising US Treasury yields counteract support from a weaker dollar, while investors await Friday’s US inflation data for hints on the Federal Reserve’s policy stance ahead of its December meeting.