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Gold and Silver Prices Hit Record Highs Globally on Monday Amid Fed Rate Outlook and Festive Demand

NextFin news, On Monday, September 22, 2025, global gold and silver prices reached new record highs, reflecting a combination of monetary policy expectations and seasonal demand. Spot gold prices climbed to an all-time high of $3,719 per ounce, up by $34, buoyed by the Federal Reserve's outlook for potential interest rate cuts.

In India, gold prices surged by Rs 1,300 per 10 grams, reaching Rs 111,190, while silver prices jumped by Rs 2,800 per kilogram, supported by the Navratri festival demand and easing Fed rate expectations. The Economic Times reported that the yellow metal's rally was further fueled by geopolitical uncertainties and the recent US visa policy changes.

Similarly, in Pakistan, gold prices hit a record high on Monday, with the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA) reporting an increase of Rs 3,400 per tola, bringing the local price to Rs 393,700. The price of 10 grams of gold in Pakistan rose by Rs 2,915 to Rs 337,514, mirroring the global upward trend.

The surge in precious metals is attributed to multiple factors: the Federal Reserve's indication of possible rate cuts, which typically weaken the US dollar and make gold more attractive; the festive season in India, which traditionally boosts demand for gold and silver; and ongoing geopolitical tensions that drive investors toward safe-haven assets.

Market analysts also noted that silver outperformed gold in percentage terms, reflecting strong industrial demand alongside investment interest. The Economic Times highlighted that the rally in metals has positively impacted related sectors, including finance companies specializing in gold loans.

Overall, the record highs in gold and silver prices on Monday, September 22, 2025, underscore the interplay of global monetary policy, regional cultural factors, and investor sentiment shaping commodity markets worldwide.

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