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2025 AD

Precious Metals Surge Ahead of Diwali 2025

Strategic Insights

— 1 min read

As Diwali 2025 approaches, investors are eagerly anticipating potential growth in the gold and silver markets, with prices already showing significant increases. Analysts predict continued growth, driven by factors such as festival demand, accommodative central bank policies, and sustained ETF investments. The precious metals surge is expected to be fueled by safe-haven demand, global economic uncertainties, and a weaker rupee, with prices potentially reaching Rs 1.22 lakh for gold and Rs 1.50 lakh for silver by the festival period.

Key Takeaways:

  • Analysts predict continued growth in the gold and silver markets, with prices potentially reaching Rs 1.22 lakh for gold and Rs 1.50 lakh for silver by Diwali 2025.
  • Renisha Chainani of Augmont Research forecasts gold to reach $3950-$4000 internationally (Rs 1,20,000-Rs 1,22,000 on MCX) and silver to reach $49-$50 (Rs 1,48,000-Rs 1,50,000) by October 21.
  • Manoj Kumar Jain from Prithvifinmart Commodity Research predicts gold reaching Rs 1.25 lakh and silver Rs 1.58 lakh-Rs 1.60 lakh by year-end.
  • Jigar Trivedi of Reliance Securities forecasts gold to trade around Rs 1,19,000-Rs 1,20,000/10g and silver to reach Rs 1,48,000-Rs 1,50,000/kg by Diwali 2025.
  • Global economic uncertainties, central bank buying, high inflation, and a weaker rupee are driving the precious metals surge.
  • Safe-haven demand, industrial applications, and investment interest are supporting the price momentum of gold and silver.

Statistics:

  • Gold prices have exceeded Rs 1,18,000 per 10 grams on the MCX.
  • Silver prices have risen to above Rs 1.44 lakh per kg.
  • Gold has surged by over 47% and silver by over 52% this year.
  • Analysts predict gold to reach Rs 1.22 lakh and silver to reach Rs 1.50 lakh by Diwali 2025.
  • Internationally, gold is forecast to reach $3950-$4000 and silver to reach $49-$50.
  • Support levels for gold are $3720 internationally and Rs 1,10,660 domestically, with silver at $44.40 and Rs 1,34,400.

Sources:

  • Economic Times
  • Augmont Research - Renisha Chainani
  • Prithvifinmart Commodity Research - Manoj Kumar Jain
  • Reliance Securities - Jigar Trivedi

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