festive demand

Gold and Silver Prices Crash After Nine-Week Rally as Dollar Strengthens, Festive Demand Fades

Gold and Silver Prices Crash After Nine-Week Rally as Dollar Strengthens, Festive Demand Fades

Mumbai, October 25, 2025: Gold and silver prices plunged this week, ending a nine-week winning streak as investors booked profits amid a stronger U.S. dollar, easing geopolitical tensions, and weak global trends. The correction followed record highs earlier this month that had drawn heavy speculative buying during the festive season.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by ₹3,557, or 2.80%, closing at ₹1,23,451 per 10 grams on Friday. Silver futures also dropped sharply, with the December contract crashing by ₹9,134, or 5.83%, to ₹1,47,470 per kg.After touching lifetime highs of ₹1,32,294 per 10 grams for…
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