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Due to strong signals from the global market, a huge rise in the prices of gold and silver is being recorded in the Indian Commodity Market (MCX) on the first trading day of the week i.e. Monday 25 May 2026. The bullion market has received huge support due to the weakness in the dollar index in the international market and the fall in crude oil prices.
This fall in crude oil prices has come after positive news of the ongoing peace agreement between America and Iran. On the Multi Commodity Exchange (MCX), gold was trading 0.40% (or ₹727) higher at ₹1,59,315 per 10 grams. At the same time, a big jump of 1.60% (or ₹ 4,592) was seen in the price of silver and it reached the level of ₹ 2,76,192 per kg.
3 big reasons for today’s rise in gold and silver
1. Fall in dollar index
Dollar index close in global markets 0.30% broken Is. The weakening of the dollar makes precious metals denominated in dollars cheaper for buyers denominated in other currencies (such as the Indian Rupee), thereby increasing both the demand and prices of gold and silver.
2. Big fall of 5% in crude oil
Crude oil prices have fallen by more than 5% due to expectations of an early peace agreement between America and Iran. International benchmark Brent crude has fallen below $98 per barrel. Market sentiment has improved due to the possibility of reducing tension in the Middle East.
3. Big statement of US President Donald Trump
US President Donald Trump issued a statement on Saturday saying that very good progress has been made in the peace agreement with Iran. After this agreement, the ‘Strait of Hormuz’ will be reopened for trade. According to media reports, the draft regarding Iran’s nuclear program is almost ready, although some important issues are still pending discussion.
Today’s condition of gold and silver on MCX
Commodity Expert Opinion and Trading Strategy
Ravi Singh (Master Capital Services):
“Gold continues to be supported due to weak dollar and soft US treasury yields. The market has improved on the hope of reducing tension in Hormuz. However, after President Trump said that ‘the agreement will not be done in a hurry’, mild volatility can be seen in the market. Technically, gold prices are running above all the important EMAs, due to which the bullish trend continues.
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Gold Resistance: ₹1,60,000 and then ₹1,63,000
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Gold Support: ₹1,57,500 (If it goes below this, it may fall to ₹1,54,000)
Manoj Kumar Jain (Prithvifinmart Commodity Research):
“Internationally, gold faces strong support at $4,467 – $4,500 and resistance at $4,555 – $4,600 per troy ounce. Whereas, international silver faces support at $72 – $74.20 and resistance at $78.80 – $80.40 per troy ounce.”
Main levels of experts for MCX:
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MCX Gold Levels: Support ₹1,56,650 – ₹1,57,700 | Resistance ₹1,59,850 – ₹1,61,100
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MCX Silver Levels: Support ₹2,65,500 – ₹2,70,000 | Resistance ₹2,76,000 – ₹2,81,000
Advice for Investors (Buying Call): According to expert Manoj Kumar Jain, traders and investors should buy gold between ₹ 1,57,700 to ₹ 1,58,500 (Buy on Dips). For this position, set a strict stop loss of ₹ 1,56,650 and target at ₹ 1,59,350 and ₹ 1,60,300 on the upper level.
