On Friday (October 3, 2025), gold prices in Futures Trade increased to ₹ 643 per 10 grams, withdrawing from the record high, investors earned a profit amid caution on the shutdown and fed policy outlook of the US government.
On MCX, the gold futures for December delivery decreased from ₹ 643 or 0.55% per 10 grams per 10 grams to a five -day winning line in a turnover of 15,733 lots.
On Wednesday, the contract extended a lifetime of 10 grams per 10 grams of 1,18,444.
Similarly, in February 2026, the contract for yellow metal futures fell from ₹ 646 or 0.54% to ₹ 1,18,213 per 10 grams. In the previous session, precious metal touched a high time of 10 grams per 10 grams per 10 grams.
Darshan Desai, Chief Executive Officer of Bullion and Refinery, said, “After a faster rally of about 50% so far this year, gold prices were given mild benefits on Friday. This year, yellow metal remains on the track for its seventh consecutive weekly benefits.”
While technical indicators suggested that gold prices are in the “overbott” sector and are weak for short -term improvement, its impact on the ongoing uncertainty around the shutdown of the US government and its impact on the Federal Reserve Policy can limit the negative pressure from a strong US dollar, Mr. Desai said.
He said, “At these high levels, investors made partly profits, with a look at the re -entry during the price improvement. The lower level of renewed purchasing interest is likely to attract interest, especially to the fund -traded fund investors and central banks, he said.
The commodity markets closed on Thursday due to Gandhi Jayati and Dussehra.
Silver also saw a pullback after scaling a fresh peak on Wednesday.
White metal futures for December delivery fell from ₹ 2,170 or 1.55 to ₹ 1,42,550 per kg in 19,818 lots. The contract had recorded ₹ 1,45,715 per kg on Wednesday.
March 2026 Silver Contract increased from ₹ 1,996 or 1.36% to 1.36% to ₹ 1,44,266 per kg in 2,400 lots after touching a high of ₹ 1,47,784 per kg in previous trade.
“Silver prices saw the profit booking after killing all-time high in domestic markets. The ongoing shutdown of the US government was extended on Thursday, potentially the major economic data like non-form payroll reports delayed,” Manav Modi, Manav Modi-Motilal Oswal Financial Services, said the specialized metal research, said in the manuals.
Globally, gold futures at $ 3,867.15 an ounce on Friday after touching a record of $ 3,923.30 per ounce in the previous trade. Silver futures for December delivery, however, increased by about 1% to $ 46.79 an ounce, recently recovering from a high of $ 48.01 an ounce.
Jigar Trivedi, senior research analyst at Reliance Securities, said, “Silver is trading near $ 47 an ounce, but remains on the track for the seventh consecutive weekly benefits, which is supported by the expectations of the US rate cut and uncertainty from the government’s shutdown.”
Mr. Trivedi said that recently the American macroeconomic data reinforced the market participants on additional monetary ease, the traders perfectly priced the 25 base points in this month and until December 1 and December.
Published – October 03, 2025 12:01 pm IST
