New Delhi, January 10 (IANS). The rise in gold and silver seen in 2025 is expected to continue this year also. The reason for this is safe investment demand and industrial demand. This information was given by the analyst on Saturday.
According to data released by India Bullion and Jewelers Association (IBJA), gold futures with February expiry rose significantly this week and reached Rs 1,38,875 per 10 grams, which is higher than last week’s closing price of Rs 1,35,752.
At the same time, the price of 10 grams of 24 carat gold in the spot market has reached Rs 1,37,122 this week, which is more than last week’s Rs 1,34,782.
The March expiry silver contract on MCX also witnessed a strong rise this week and rose to Rs 2,52,002 per kg, making it clear that it has made a decisive breakout from its recent consolidation range and re-entered a strong bullish channel.
“Gold remains strong near $4,500 an ounce on COMEX, up more than 1 per cent and stabilizing just below record highs after several weeks of strong rally,” said Ponmudi R, CEO of Enrich Money.
“Meanwhile, silver futures on Comex rose more than 6 percent to nearly $79.79 an ounce, up from $75 as industrial demand resumed and safe-haven buying also increased,” he added.
Investor sentiment in silver remains strong, supported by continued supply constraints, record buying by central banks, and rising green-energy demand related to solar, EV and AI infrastructure.
Gold and silver have given tremendous returns to investors in 2025. During this period, an increase of about 66 percent has been seen in gold and more than 171 percent in silver.
–IANS
abs/
