Gold and silver have reached unprecedented levels. Investors are flocking to safe havens amid worries about US credit and escalating US-China friction. Federal Reserve rate cut expectations are also fueling this rally. Silver has surpassed its 1980 record. Palladium and platinum have also seen significant gains this week.
Stock market recommendations: Bajaj Broking Research highlights Reliance Industries and Suzlon Energy as top stock picks for October 17, 2025. The Nifty is poised for further gains, targeting 25,900 and 26,200, while Bank Nifty shows a bullish structure and aims for 58,000.
JPMorgan CEO Jamie Dimon, a gold skeptic, now finds it ‘semi-rational’ to hold the yellow metal, acknowledging its potential to reach $10,000 in the current environment. Major banks like Goldman Sachs and HSBC have also raised their gold price forecasts, citing strong investor demand and central bank interest as key drivers for the precious metal’s…
Gold prices are expected to remain firm amid global uncertainty and tariff tensions, with the dollar and rupee trading in narrow ranges. Silver prices are also strong due to tight supply and safe-haven demand. Experts recommend a buy-on-dips strategy for both metals, anticipating continued positive long-term trends.
Gold prices are soaring ahead of Diwali, driving investor interest in Sovereign Gold Bonds (SGBs) on the secondary market. Retail investors are paying significant premiums, up to 32% above current gold rates, for these government-issued securities. Experts caution that these elevated prices pose risks if gold values decline, especially with limited liquidity and no fresh…
US mortgage rates have dropped again this week. The average 30-year mortgage rate is now close to its lowest point for 2025. This easing is due to falling Treasury yields and expectations of Federal Reserve rate cuts. Homebuyers are finding some relief. Rates on 15-year mortgages also saw a slight decrease.
