Overview

• Global bullion stays elevated after a sharp rally, with spot gold fluctuating around $3,735–$3,760 an ounce following a recent peak near $3,790 and silver trading close to $45.
• India’s silver price hit an all-time high of Rs 1.40 lakh per kg in Delhi, while domestic gold eased slightly from recent peaks as MCX gold futures hovered near Rs 1.13 lakh per 10 grams.
• Pakistan’s 24-karat gold retreated to Rs 396,800 per tola after touching a record Rs 398,800 earlier in the week, tracking the global pullback.
• Analysts linked the pause to profit-taking after Federal Reserve Chair Jerome Powell’s cautious remarks and a firmer dollar, though prices remain underpinned by central-bank purchases and renewed ETF inflows.
• Market focus turns to the U.S. PCE inflation report, jobs data, and GDP readings for direction on the timing and scale of further Fed easing.