Gold & Silver Hit Record Highs Amid Geopolitical Tension & Weak Dollar
Gold and silver prices have surged sharply:
MCX Gold: Above ₹1.50 lakh per 10 g
MCX Silver: Above ₹3 lakh per kg (+7% rally)
Key Observations:
Gold–Silver Ratio tightening to ~50, showing silver gaining momentum relative to gold
Safe-haven demand is strong due to geopolitical stress and a weaker U.S. dollar
Expert Insight:
Both metals breaking record resistance levels highlights a constructive macro environment. Traders are closely watching for further upside if geopolitical risks continue to escalate.
#GOLD_UPDATE #Silver #RecordHighs #MCX #PreciousMetals $XAG
XAGUSDT
Διην.
93.28
-0.94%
PAXGUSDT
Διην.
4,813
-1.26%