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PRECIOUS METALS ENTER UNSURE PHASE POST-RALLY
The New Indian Express Shivamogga
|October 27, 2025
OLD and silver prices defied expectations, hitting record highs earlier this month.
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But the rally has quickly given way to a sharp correction, and both metals seem to be entering a phase of heightened uncertainty, with analysts cautious about short-term forecasts, though few see the fall as a reversal of the rally. Gold fell from its peak of around ₹1.11 lakh for 10 grams to about ₹1.04 lakh on Friday, while silver dropped from nearly ₹1.70 lakh a kilo to ₹1.59 lakh. Globally, gold saw its steepest one-day fall in more than a decade—over 5.7 percent—ending a nine-week winning streak. Silver, buoyed earlier by festive demand, too fell more than six percent, marking its sharpest drop since March.
This story is from the October 27, 2025 edition of The New Indian Express Shivamogga.
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