Gold, silver price forecast: Will MCX rally last ahead of Diwali?
NewsGold, silver price forecast: Will MCX rally last ahead of Diwali?
Latest developments and expert analysis
India, October 16, 2025 (Thursday)
Gold & silver price prediction today: Will bullish momentum of MCX Gold, MCX Silver continue ahead of Diwali? Here’s the outlook for gold, silver rates – The Times of IndiaEditionININUSEnglishEnglishहिन्दीमराठीಕನ್ನಡதமிழ்বাংলাമലയാളംతెలుగుગુજરાતીWeatherSign InTOIBusinessIndia BusinessInfrastructureGold Rates TodaySilver Rates Today Platinum Rates TodayFinancial LiteracyDon't
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Here’s the outlook for gold, silver ratesTrendingTrump TariffsIndia Passport RankTop Stock TodayGold price predictionUS–India tradeStock Market TodayTarun GargTrump TariffsIndia Passport RankTop Stock TodayGold price predictionUS–India tradeStock Market TodayTarun GargTrump TariffsIndia Passport RankTop Stock TodayGold price predictionUS–India tradeStock Market TodayTarun GargGold
& silver price prediction today: Will bullish momentum of MCX Gold, MCX Silver continue ahead of Diwali? Here’s the outlook for gold, silver ratesTOI Business Desk / TIMESOFINDIA.COM / Oct 16, 2025, 10:00 ISTShareAA+Text SizeSmallMediumLargeGold and silver prices are showing
strong bullish momentum, with experts advising investors to buy on dips. MCX Gold is trading around ₹1,27,000, with potential to reach ₹1,30,000. MCX Silver, outperforming gold, is near ₹1,60,000 and could target ₹1,63,000. Therefore, Given the ongoing geopolitical tensions, inflationary
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concerns, and a weak global economic outlook, gold remains a preferred safe-haven asset. (AI image) Gold and silver price prediction today: Both gold and silver prices are exhibiting strong bullish momentum and investors should look to buy on dips, says
Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and silver:MCX Gold Outlook:MCX Gold prices are currently trading around the ₹1,27,000 mark, reflecting strong bullish momentum. On the international front, COMEX gold
is comfortably holding above the $4,000 level, further reinforcing the positive trend. This price behaviour indicates that gold is consistently forming higher lows, which is a classic sign of strength in technical analysis. The ability to protect previous support levels
suggests that buyers are active at lower levels, absorbing selling pressure and preparing for potential upside moves.From a short-term trading perspective, gold prices have the potential to move towards the ₹1,30,000 level if the current momentum continues. Therefore, Traders can
consider accumulating positions near the ₹1,26,000 support zone, where buying interest has previously emerged. A strong support base is seen at ₹1,23,500, and any dip toward this level may offer a good risk-reward entry for bullish positions.Given the ongoing geopolitical
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tensions, inflationary concerns, and a weak global economic outlook, gold remains a preferred safe-haven asset. These factors are likely to keep demand strong and prices buoyant in the near term. As long as prices sustain above the key support levels,
the outlook for gold remains optimistic with further upside potential.MCX Gold Trading Strategy:CMP: 127000Target: 130000Stoploss: 123500Buy on Dips near to 126000 for the above mentioned targetMCX Silver OutlookMCX Silver has shown significant strength and has outperformed MCX Gold in recent
sessions, currently trading around ₹1,60,000 levels. This rally reflects robust bullish sentiment driven by a combination of industrial demand, investment interest, and a positive technical setup. Silver's strong price action suggests that market participants are confident in its upside potential,
especially as it continues to make higher highs and higher lows, a clear sign of an ongoing uptrend.Compared to gold, silver tends to exhibit more volatility, which can offer attractive trading opportunities. Moreover, Any corrective move or dip toward the
₹1,57,000 level can be seen as a buying opportunity, supported by strong demand and momentum. On the upside, prices have the potential to move toward ₹1,63,000 in the near term. Traders should maintain a stop-loss at ₹1,54,000 to manage risk
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effectively in case of unexpected price reversals.Silver's dual role as both a precious and industrial metal makes it a favored asset in times of economic uncertainty, as well as during periods of industrial recovery. With favorable fundamentals and technical strength,
silver remains well-positioned for further gains, and buying on dips strategy could prove rewarding in the current market environment.MCX Silver Trading StrategyCMP: 160000Target: 163000Stoploss: 154000Buy on Dips near to 157000 for the above mentioned target(Disclaimer: Recommendations and views on the
stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)About the AuthorTOI Business DeskThe TOI Business Desk is a vigilant and dedicated team of journalists committed
to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering
a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. Therefore, With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the
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