Gold Futures hit record as U.S. shutdown, Federal Reserve cut bets spur ‘safe-haven’ demand

Gold prices on Monday (October 6, 2025) surged by ₹1,447 to a new record of ₹1,19,560 per 10 gm in the domestic futures trade, lifted by safe-haven buying amid the prolonged U.S. government shutdown and growing bets on further Federal Reserve rate cuts. On the Multi Commodity Exchange (MCX), gold futures for December delivery appreciated…

Read More

Gold, silver may ebb – The Hindu

Precious metals continued upward journey in September with gold and silver closing at fresh 52-week highs. The interest rate cut announced by the U.S. Federal Reserve along concerns on the U.S. government shutdown bolstered sentiment towards precious metals. Comex gold zoomed past the psychological $3,800 mark and closed at a fresh all-time high of $3,887.6…

Read More