Precious Metals See Sharp Reversal After Record Run
The Indian bullion market witnessed a dramatic turnaround on Monday, December 29, 2025, as silver prices retreated sharply after scaling a historic peak. In a session marked by high volatility, investors rushed to book profits, halting a sustained rally in both silver and gold.
Silver's Meteoric Rise and Sudden Fall
During early trade, the price of silver surged to an unprecedented lifetime high of Rs 2,54,174 per kilogram. This remarkable milestone, however, proved to be short-lived. The steep ascent prompted a wave of profit-booking from investors and traders, leading to a swift pullback from the record levels. The rapid shift highlighted the market's sensitivity to sharp gains and the ever-present tendency to secure profits at peaks.
Gold's Winning Streak Comes to an End
In tandem with silver's reversal, gold prices snapped their four-day consecutive rally. The yellow metal, which had been on an upward trajectory, faced selling pressure in the same volatile session. The simultaneous cooling off in both key precious metals underscored a broader market correction driven by profit-taking activities, rather than a change in fundamental trends.
The day's price action serves as a classic example of market dynamics where record highs often invite selling. Analysts suggest that while the long-term outlook for precious metals may remain firm, short-term corrections are essential and healthy for the market. Investors are now keenly watching for fresh triggers that could determine the next directional move for both silver and gold in the Indian commodity markets.