Gold Prices Hit Lifetime High: Surpasses ₹83,000 in Spot Market, ₹80,312 on MCX—Time to Buy?

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Gold Prices Soar to Record Highs: Key Drivers and Investment Insights

Gold’s Historic Rally

Gold prices surged to unprecedented levels on Friday, with spot markets breaching ₹83,000 per 10 grams and MCX futures hitting ₹80,312. This rally follows heightened demand for safe-haven assets amid geopolitical tensions and shifting U.S. monetary policy expectations.

Key Factors Behind the Surge

• Dollar Weakness: The dollar index (DXY) fell 0.33% to 107.69, boosting gold’s appeal.
• Policy Uncertainty: Remarks about potential Federal Reserve rate cuts fueled market speculation.
• Global Demand: Investors flocked to gold as a hedge against economic volatility.

Market Analysis: Should You Invest?

With gold prices at lifetime highs, experts recommend caution. While bullish momentum persists, short-term corrections are possible. Long-term investors may benefit from holding gold as part of a diversified portfolio.

Gold Trading Strategy

• Entry Point: Consider buying near ₹75,500–75,700 levels.
• Price Target: ₹85,300–87,000 by Dhanteras 2025.
• Risk Management: Set stop-loss orders at ₹71,500.

Global and Domestic Trends

Internationally, Comex gold futures rose 0.56% to $2,780.50 per ounce, while silver futures gained 1.53% to $31.32. Domestic prices include a 3% GST and local premiums.

FAQ: Gold Price Rally

Why are gold prices rising?

The surge is driven by dollar weakness, safe-haven demand, and geopolitical uncertainty.

What’s next for gold?

Markets await the Union Budget and Federal Reserve’s rate decisions for further direction.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. Consult a qualified financial advisor.

Categories: Gold price surge 2025, investing in gold strategies, MCX gold record high