Gold Continues to Hit Record Highs in the Last week of 2025

MCX Gold February futures is likely to stay positive and Rs 139,000/10g is next resistance for today

AHMEDABAD, 26 DECEMBER: Gold prices rose to around $4,500 per ounce on Friday, after briefly hitting an all-time high of $4,530 earlier in the session, driven by safe-haven demand amid mounting geopolitical tensions and expectations of US interest rate cuts. Investor focus remains on the ongoing US blockade of crude shipments from Venezuela, continued hostilities between Russia and Ukraine, and a recent military strike by Washington against ISIS in Nigeria.

Meanwhile, markets continue to price in two quarter-point rate cuts by the Federal Reserve next year as inflation cools and labor market conditions soften, even as Fed officials remain divided on the path ahead. Bullion has surged more than 70% so far this year, marking its largest annual gain since 1979, with the rally also underpinned by strong central bank buying and sustained ETF inflows. MCX Gold February futures is likely to stay positive and Rs 139,000/10g is next resistance for today.

– By Mr. Jigar Trivedi, Senior Research Analyst at Reliance Securities

(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)