Prices cooled off a bit in the last couple of trading sessions of 2025 but gold and silver posted handsome gains for the year. Mirroring global market trend, MCX Gold price gained 4.5% to settle at ₹1,35,580 per 10-gm. Like gold, silver price too is likely to remain subdued, trying to digest the recent gains. The recent price action suggests gold price could cool off in the near term and a fall to ₹1,28,000-₹1,30,000 seems likely . ConclusionTo summarise, both gold and silver are in an overbought zone, warranting a cool off in the near term.

Source: The Hindu January 05, 2026 01:25 UTC