Hey there, desi investors! If you’ve been keeping an eye on Silver (XAG/USD), you might’ve noticed it’s taking a slight chhutti (break) today, trading around $37.57 as of Thursday, July 17, 2025. After climbing to a mast (awesome) 14-year high of $39.13 earlier this week, the shiny metal seems to be catching its breath. But don’t worry, the josh (excitement) in the silver market is still alive! Let’s break it down in simple English, with a bit of Indian tadka (flavor), to help you understand what’s happening and what to watch for.
Commodity Market
MCX Silver futures hits new all-time high [Monday 14, July 2025]
MCX Silver futures prices (Monday, 03:04PM) soared to an unprecedented Rs 1,15,136 per kg in futures trading, fueled by robust global cues and a weakening US dollar. Simultaneously, gold futures also experienced gains, climbing to Rs 98,138 per 10 grams amid strong spot market demand.
Chinese Gold Investors Drive Market Highs While Western Funds Stay Cautious
Chinese gold speculators push SHFE Gold to record highs, while Western funds hold back. Learn about the current gold market trends and what’s next for prices.
Understanding Key Price Levels for MCX Gold, Is gold expected to cross Rs 99,500?
Gold trading on the Multi Commodity Exchange (MCX) can be exciting but tricky. To make smarter trading decisions, it’s important to know the key price levels that could signal where gold prices might head next. Right now, two critical levels for MCX Gold are ₹99,500 (upward) and ₹96,000 (downward). These levels could determine whether the current price pattern continues or changes.
Spot Gold, Door Open for $3600—$3800, Need Patience.
Gold’s price broke through an important level at $3,330, which experts call a “symmetrical triangle pattern.” This is a sign that gold might keep going up, continuing a trend that started earlier this year.