Gold & Silver Rally 1% on MCX: Dollar Weakness Fuels Safe-Haven Surge

MCX gold jumped over 1% to near ₹77,500/10g, while silver hit ₹98,000/kg by 10:00 AM IST on December 15, 2025. The rally tracks a weakening dollar index below 104 and 10-year US Treasury yields easing below 4.2%, enhancing precious metals' allure amid geopolitical tensions and Rupee at 90.55 lows.

Key Highlights

Gold Levels: Support at ₹76,800-77,000; resistance ₹78,000-78,200—breakout eyes ₹79,000. [web:previous context]

Silver Dynamics: Holds ₹97,000 base; upside cap at ₹99,500, with ₹1,00,000 psychological barrier.

Global Triggers: Fed rate cut bets, China stimulus, offset Nifty pre-open dip and bond yield softening to 6.58%.

Expert Calls: Buy gold on dips to ₹77,200 (Motilal Oswal); silver targets ₹1,02,000 if dollar slides persist (Angel One).

Trading Outlook

Bullish bias intact if dollar stays weak; watch US data for volatility amid ample RBI liquidity.

Sources: Moneycontrol, Economic Times