Gold, Silver Hit Record Highs on MCX; Expert Tips for Bumper Earnings Today

commodity
M
Moneycontrol•26-12-2025, 10:48
Gold, Silver Hit Record Highs on MCX; Expert Tips for Bumper Earnings Today
- •MCX gold and silver futures reached new record highs on December 26, driven by a surge in COMEX prices.
- •Gold's rally is fueled by a weaker dollar, increased safe-haven demand, US interest rate cut expectations, and geopolitical uncertainty.
- •Silver gained 158% this year, outperforming gold, due to shortage, critical mineral status, and strong industrial demand.
- •Manoj Kumar Jain of Prithvi Finmart recommends buying MCX GOLD (FEB) around ₹137700 (SL ₹136500, Target ₹140000).
- •Jain also advises buying MCX ZINC (JAN) around ₹303 (SL ₹300, Target ₹309).
Why It Matters: Gold and silver soar to new highs on MCX, with expert advice for profitable commodity trades.
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