Gold and Silver Prices Today: MCX Update After US Fed Rate Cut

Gold and silver surged on the MCX in early trading on Thursday, December 11, 2025, as investors reacted to the latest US Federal Reserve rate cut. The move has renewed interest in precious metals as a safe-haven investment.

Market Performance

• MCX Gold (February contracts): ₹1,30,575 per 10 grams, up 0.60%
• MCX Silver (March contracts): ₹1,93,300 per kg, up 2.42%, after touching a fresh record high of ₹1,93,452 per kg

International markets also mirrored this positive momentum: US gold futures for February climbed more than 1% to $4,271.30 per ounce, while silver reached new highs following the Fed’s decision.

Why Gold and Silver Rose

The US Federal Open Market Committee (FOMC) lowered benchmark interest rates by 25 basis points, taking the federal funds rate to 3.50%–3.75%, the lowest level since 2022. This marks the third consecutive rate cut in 2025, with a total reduction of 0.75 percentage points for the year.

Lower interest rates typically boost gold and silver, as these metals do not yield interest. A softer US dollar, following the rate decision, also supported prices, making non-yielding assets more attractive.

Key Levels to Watch

MCX Gold

• Support: ₹1,29,100 and ₹1,28,500
• Resistance: ₹1,30,660 and ₹1,31,200

MCX Silver

• Support: ₹1,86,500 and ₹1,84,000
• Resistance: ₹1,92,000 and ₹1,94,000

These levels indicate where prices could stabilize or face upward pressure in today’s trading session.

Global Context

International gold and silver markets are also reflecting the Fed’s rate cut:

• Gold has support at $4,200 and $4,164 per ounce, with resistance at $4,258 and $4,300
• Silver support at $60.40 and $59.80 per ounce, resistance at $62.20 and $63.50

The focus now shifts to upcoming US jobs and CPI inflation data for November and the PCE Price Index for October, which will influence market expectations for future rate changes.

Summary

Gold and silver prices are seeing renewed momentum on both MCX and international markets after the Fed’s interest rate cut. With gold trading above ₹1,30,500 per 10 grams and silver nearing ₹1,94,000 per kg, investors continue to watch these metals closely as safe-haven assets in a low-interest-rate environment.