Gold and Silver Extend Gains on MCX
Gold and silver prices in domestic futures markets continued their upward movement on Friday, November 14, 2025, marking another session of gains for precious metals investors. The sustained rally comes amid a weakening US dollar and cautious remarks from Federal Reserve officials that have tempered expectations for immediate rate cuts.
Current Market Performance
Around 9:15 AM on Friday morning, MCX gold December contracts showed a positive trend, trading 0.12 percent higher at ₹1,26,905 per 10 grams. The silver market mirrored this upward movement, with MCX silver December futures rising 0.21 percent to reach ₹1,64,805 per kg during the same trading period.
Global Factors Influencing Prices
The dollar index remained on track for its second consecutive weekly decline against major global currencies, making gold more attractive for international buyers using other currencies. This currency dynamic has provided significant support to precious metal prices in recent sessions.
Federal Reserve officials have shown increasing reluctance toward additional policy easing, driven by ongoing inflation concerns and indications that the labor market is stabilizing following two rate cuts earlier this year. The Fed had reduced rates by 25 basis points last month, but Chair Jerome Powell maintained a cautious stance regarding the possibility of another cut in December, citing insufficient supporting economic data.
According to the CME Group's FedWatch tool, market participants now see only a 51% probability of a quarter-point rate cut next month, representing a significant decline from the 64% chance priced in during the previous trading session.
Investment Outlook and Market Sentiment
The combination of dollar weakness and shifting expectations around US monetary policy has created a favorable environment for gold investments. Market experts suggest that investors should monitor key resistance and support levels closely as the precious metals market responds to evolving global economic indicators and central bank communications.
