Gold prices in India kicked off the week on a positive note, registering a slight gain during trading on Monday. The precious metal witnessed a modest uptick on the Multi Commodity Exchange (MCX), reflecting cautious investor sentiment amidst prevailing market conditions.
MCX Gold Sees Marginal Gain
On Monday, December 29, 2025, gold futures on the MCX closed higher. The price for the benchmark contract rose by 0.25%, settling at ₹1,40,228 per 10 grams. This incremental increase continues a trend of stability for the asset, which often sees heightened activity during the final weeks of the year.
Factors Influencing the Gold Rally
Several interconnected factors are contributing to the steady movement in gold prices. Analysts point to a combination of global economic cues and domestic demand patterns. Typically, gold acts as a safe-haven asset during times of economic uncertainty or currency volatility. The current marginal rally suggests investors are closely monitoring macroeconomic data and geopolitical developments, which can trigger flows into bullion.
Furthermore, demand trends in the physical market, especially ahead of the wedding season and key festivals, provide underlying support to prices. The prices in key consumer hubs like Delhi, Mumbai, Chennai, Bengaluru, Kolkata, and Hyderabad are crucial indicators of this retail demand.
Market Outlook and Implications
The gold price in India on the MCX serves as a critical benchmark for jewellers and retail buyers across the country. While today's move was marginal, it underscores the metal's role in investment portfolios. Market participants will be watching for further cues from international markets, the strength of the Indian rupee, and central bank policies that influence non-yielding assets like gold.
As this is a developing story, traders and investors are advised to stay updated with real-time market news and analysis. The trajectory of gold prices in the coming sessions will depend heavily on fresh economic data and global risk appetite.
