Gold and Silver Trading Guide: The rates of gold and silver rose in the domestic futures market on Friday (November 28) morning on healthy spot demand and growing expectations of a rate cut by the US Federal Reserve in December. MCX gold December 2025 futures traded 0.39% higher at ₹1,25,999 per 10 grams around 9:05 am, while MCX silver December contracts were 0.85% up at ₹1,63,849 per kg at that time.
- Crude Oil Outlook: Prices Likely to Stay Stable After Recent Volatility
- Chinese Silver Stocks Crash to 10-Year Low | ING Update
- MCX Silver Price Analysis: Bullish Trend – Key Levels, Pivot, Supports & Resistances
- Gold Price Forecast: More Upside Ahead for 2025
- When Central Banks Whisper Winter: What It Means for Markets and Economy
Healthy spot demand in the domestic market, amid the ongoing wedding season, hopes for a US Fed rate cut, and the dollar’s weakness, have been the main triggers behind the rise in gold futures prices over the last few days. The yellow metal, however, has also seen some volatility due to profit booking, reacting to news flows on the Russia-Ukraine front.
Gold and Silver: How to trade?
Market Trend — Buying gold and silver even as he expects the precious metals to remain volatile in today’s session due to volatility in the dollar index and the global financial market.
“We expect gold and silver prices to remain volatile in today’s session amid volatility in the dollar index, global financial markets and ahead of the key European economic data,” said Jain.
“We suggest buying gold in the range of ₹1,27,100 and ₹1,26,500 with a stop loss below ₹1,25,900 for the targets of ₹1,28,500 and ₹1,29,500 and buying silver in the range of ₹1,62,500 and ₹1,61,500 with a stop loss below ₹1,60,000 for the targets of ₹1,68,700 and ₹1,70,500,”.
According to bullion trend, gold has support at $4,137, while resistance is at $4,212 per troy ounce, and silver has support at $52.20 while resistance is at $54.40 per troy ounce in today’s session.
On the MCX, gold has support at ₹1,27,500 and ₹1,25,500 and resistance is at ₹1,29,333, while MCX Silver has support at ₹1,61,500 and ₹1,60,000 and resistance at ₹1,68,333 and ₹1,70,177.
⚠️ Disclaimer
This article is intended for educational purposes only. The views and opinions expressed are those of individual analysts or brokerage firms and do not represent the views of GoldSilverReports.com. Investors are strongly advised to consult certified financial experts before making any investment or trading decisions.
| Follow us on |
| Telegram, Whatsapp , Facebook, Twitter, Instagram, YouTube, Google Business Profile and Truth Social. |