Silver prices jumped to around $43.5 per ounce on Monday, hitting the highest level in 14 years! This big jump happened because people expect the US Federal Reserve (America’s central bank) to cut interest rates more in the coming months.
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Gold Loses Ground, Silver Sparkles Ahead of Navratri Festivities
Gold prices dipped slightly in India ahead of Navratri while silver witnessed robust gains, reflecting a mixed performance in precious metals markets as the country’s mostsignificant festive buying season approaches. The complex dynamics reveal how global monetarypolicy, domestic demand patterns, and seasonal factors are shaping precious metals trading.
Gold Price in India: Will Festive Shoppers Buy Gold Despite 40% GST-Linked Price Surge?
The gold price in India has surged past Rs 1 lakh per 10 grams in 2025, raising doubts about whether traditional gold buying will remain strong during the upcoming festive season.
Ukraine Claims Strike on Russia Saratov CrudeOil Refinery
Ukraine attacked the Saratov crudeoil refinery in Russia’s Volga region overnight as Western nations seek to push President Vladimir Putin to the negotiating table.
Goldman Sachs sees gold hitting $4,000 amid Fed pressure fears (September 2025)
Goldman Sachs has issued its most bullish gold forecast yet, setting targets of $3,700 per ounce by the end of 2025 and $4,000 by mid-2026, while warning that extreme scenarios could drive the precious metal to $5,000 if the Federal Reserve independence comes under threat. The bank’s analysis comes as gold trades at record highs above $3,580 per ounce, having surged 36% this year to become one of the best-performing assets globally.