Fri Dec 26 04:30:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
Gold and Silver Prices Soar to Record Highs as 2025 Nears End
[City, Date] – Precious metals are experiencing an unprecedented surge in value as 2025 draws to a close, with gold and silver prices reaching all-time highs. Today’s trading saw a dramatic spike, particularly in silver, which jumped ₹9,000 per kilogram, setting a new record. Gold prices also continued their upward trajectory.
On the Multi Commodity Exchange (MCX), gold futures surged ₹8,957 to reach ₹2,32,741 per kilogram, an unprecedented level. Similarly, gold prices climbed ₹1,119, hitting a record ₹1,39,216 per gram. This surge in precious metal values has been sustained over several days, with both gold and silver consistently breaking previous records.
What’s Fueling the Surge?
Several factors are contributing to this sharp increase in prices, with global influences playing a significant role. International markets have witnessed a remarkable rally in gold and silver prices, with gold hitting record levels and silver recently touching its highest mark. Spot prices for gold are hovering around $4,500 per Troy ounce internationally, while silver is trading near $74–$75 per Troy ounce.
Dollar Weakness and Fed Rate Cut Expectations
A weakening US dollar and growing anticipation of interest rate cuts by the Federal Reserve are driving increased demand for gold and silver. As the dollar weakens and rate cut expectations rise, investors are flocking to safe-haven assets, boosting demand for precious metals.
Industrial Demand
Industrial demand is another significant factor behind the surge in gold and silver prices. The electronics and green technology sectors are experiencing rapid growth in silver demand, prompting investors to increase their positions in the metal. This heightened demand is contributing to the rapid appreciation of silver.
Global Tensions
Geopolitical tensions, including those in the oil market and ongoing political conflicts, are encouraging investors to seek safety in gold and silver. Increased exposure to these precious metals is further fueling their price increases.
Disclaimer: Investors are advised to consult with a financial advisor before making any investment decisions in precious metals.