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Gold Rates Slip on Dollar's Rise; Silver Jumps 4% on MCX on Strong Spot Demand; Experts Highlight Key Levels to Watch

Summary by Live Mint
MCX gold February contracts climbed by 0.55% to ₹1,35,150 per 10 grams level, slightly below its record high of ₹1,35,346 hit in the previous session. MCX silver March futures surged 4% to its record high of ₹2,05,665.

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Silver has reached a new historical peak above $65 an ounce, driven by a surge in investment demand in a downward-rate context in the US and a greater appetite for “unprofitable” assets such as precious metals. Movement extends to other metals, with gold also at record levels and the market rereading the inflation–growth binomial facing 2026.

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Live Mint broke the news in New Delhi, India on Wednesday, December 17, 2025.
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