Gold prices slipped slightly while silver recorded modest gains on March 25, reflecting a mixed trend in the bullion market amid fluctuating global signals and domestic trading patterns.
On the Multi Commodity Exchange (MCX), gold futures fell by ₹10 to around ₹1,42,900 per 10 grams during early trade. The marginal decline indicates continued pressure on gold prices after recent fluctuations. In contrast, silver prices rose by ₹100 to trade near ₹2,35,100 per kilogram, supported by fresh buying and improved market sentiment.
The divergence between the two key precious metals highlights ongoing volatility in the commodities market. Gold has remained under pressure largely due to a firm US dollar and elevated bond yields, which tend to reduce the attractiveness of non-interest-bearing assets such as bullion.
However, silver showed relative strength, benefiting from its dual demand as both a precious and industrial metal. Market participants noted that short-covering and steady industrial demand contributed to the uptick in silver prices.
During the session, both metals also witnessed intraday swings. Gold saw limited recovery at higher levels, while silver extended gains briefly before stabilising. These movements underline the uncertainty currently influencing commodity markets.
Global factors continue to play a key role in determining price direction. Developments in international markets, including currency movements, interest rate expectations, and geopolitical conditions, have kept traders cautious. Any signals of easing global tensions or changes in monetary policy outlook are quickly reflected in bullion prices.
Across major Indian cities, gold and silver rates showed minor variations depending on local demand, taxes, and logistics. The overall trend, however, remained aligned with MCX movements.
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