MCX Outlook: Gold may hit Rs 1.02 lakh/10gm, Silver could surge to Rs 1.10 lakh/kg in coming weeks
Gold price rallied marginally in June 2025, while silver outperformed due to various factors. Weak dollar and robust demand boosted silver. HSBC forecasts gold at $3,215/oz, while Citigroup sees a potential pullback. Silver projections range from $28 to $50/oz. Near-term volatility is expected. Gold might find support at $3200/ounce, and silver at $32/ounce. On MCX, gold may rally to Rs.