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Uploaded 22 hours ago

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Gold may rise towards $4,500 an ounce as Asia drives demand

Gold's glittering rally is expected to continue, with prices likely to climb towards $4,500 per ounce in overseas markets, supported by sustained global central bank purchases, persistent geopolitical tensions, and strong Asian demand, according to a report by Motilal Oswal Financial Services Ltd. Silver, which has outperformed gold in terms of returns so far this year, is projected to climb to around $75 per ounce, aided by robust industrial consumption and a widening supply deficit, the report said.

Uploaded by: Rediff Video Desk on Fri, 17 Oct 2025 14:37:49 +0530

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