Gold, silver tumble to multi-week lows as West Asia tensions rattle markets. Check rates here

Gold and silver prices plunge to multi-week lows amid rising West Asia tensions, higher oil prices, and fading hopes of global rate cuts

As we near the end of 2025, gold and silver are repeatedly hitting record levels...Driven by a weaker dollar, US Interest rate cuts, and rising global uncertainties. With analysts predicting more upside... Take a look at our next report to know what is pushing these precious metals to new highs.

Weaker Dollar and US Rate Cuts Boost Gold, Silver 

Gold prices have hit an all-time high, as global investors rush toward safe-haven assets amid rising geopolitical tensions and expectations of a U.S. Federal Reserve rate cut. The precious metal's rally is being fueled by fears of global economic slowdown, inflation uncertainty, and persistent instability in key regions. With bullion shining brighter than ever, analysts believe gold could climb even higher if central banks ease monetary policy further. Here’s what’s driving this historic surge in gold — and what it means for the global markets.

Gold hits record high above $3,500 an ounce

Over the past few years, India has strategically expanded its gold reserves within its foreign exchange after boosting both the volume and the share. Let's have a look at the last 5 years of increased gold reserves of India.


Over the past few years, India has strategically expanded its gold reserves within its foreign exchange after boosting both the volume and the share. Let's have a look at the last 5 years of increased gold reserves of India.

India's gold reserves over the years from 2021 to 2025 — RBI — (in Metric Tonnes)

After registering a record peak in early trade on Friday, Gold's rally paused as the dollar found some relief from investors who are concerned over tensed ties between the United States and China.

Spot gold came down to 0.2 per cent to $2,058.55 per ounce by 0945 GMT after witnessing a record high of $2,072.50 earlier today.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/india-news/chennai-passengers-smuggle-gold-via-relief-flights-221kg-gold-seized-318400">Chennai: Passengers smuggle gold via relief flights; 2.21Kg gold seized</a>

It has gained 4 per cent so far this week, which is its ninth consecutive weekly gain.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/nia-team-to-fly-to-uae-to-investigate-kerala-gold-smuggling-case-318115">NIA team to fly to UAE to investigate Kerala gold Smuggling case</a>

US gold futures was trading at $2,070.20.

"We'll see some pullback (in gold) from these levels with USD bottoming for a while and maybe even see some strength in the USD in the near term, which will reverse these gains but not entirely," said Spencer Campbell, director at SE Asia Consulting Pte Ltd, reported news agency Reuters.

"People will be looking to re-enter the market on any pullbacks in precious metals as the medium to longer term views are significantly higher."

The dollar bounced back from a two-year low following US President Donald Trump's decision to ban US transactions with two Chinese apps.&nbsp;

"The dollar's performance has a major say on how much runway gold bulls are accorded," said FXTM market analyst Han Tan.

Gold has jumped over 35 per cent this year amid surging COVID-19 cases that have adversely affected economies and led to unprecedented stimulus measures across the globe.

After registering a record peak in early trade on Friday, Gold's rally paused as the dollar found some relief from investors who are concerned over tensed ties between the United States and China.

After registering a record peak in early trade on Friday, Gold's rally paused as the dollar found some relief from investors who are concerned over tensed ties between the United States and China. Spot gold came down to 0.2 per cent to $2,058.55 per ounce by 0945 GMT after witnessing a record high of $2,072.50 earlier today. Also read | Chennai: Passengers smuggle gold via relief flights; 2.21Kg gold seized It has gained 4 per cent so far this week, which is its ninth consecutive weekly gain. Also read | NIA team to fly to UAE to investigate Kerala gold Smuggling case US gold futures was trading at $2,070.20. "We'll see some pullback (in gold) from these levels with USD bottoming for a while and maybe even see some strength in the USD in the near term, which will reverse these gains but not entirely," said Spencer Campbell, director at SE Asia Consulting Pte Ltd, reported news agency Reuters. "People will be looking to re-enter the market on any pullbacks in precious metals as the medium to longer term views are significantly higher." The dollar bounced back from a two-year low following US President Donald Trump's decision to ban US transactions with two Chinese apps. "The dollar's performance has a major say on how much runway gold bulls are accorded," said FXTM market analyst Han Tan. Gold has jumped over 35 per cent this year amid surging COVID-19 cases that have adversely affected economies and led to unprecedented stimulus measures across the globe.

Gold eases off after witnessing record high

In India, the gold business has been hit by coronavirus pandemic but investment in export gold has seen a massive increase. On the other hand, domestic sales of jewellery exports are not doing great. Watch report. About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Follow us on Google News for latest updates Zee News:- https://bit.ly/2Ac5G60 Zee Bussiness:- https://bit.ly/36vI2xa DNA India:- https://bit.ly/2ZDuLRY WION: https://bit.ly/3gnDb5J Zee News Apps : https://bit.ly/ZeeNewsApps

India's jewellery exports plunge: Lockdown affects sales and production

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Gold, silver tumble to multi-week lows as West Asia tensions rattle markets. Check rates here

Weaker Dollar and US Rate Cuts Boost Gold, Silver

Weaker Dollar and US Rate Cuts Boost Gold, Silver

Gold hits record high above $3,500 an ounce

India's gold reserves over the years from 2021 to 2025—RBI—(in Metric Tonnes)

Gold eases off after witnessing record high

India's jewellery exports plunge: Lockdown affects sales and production