Gold, silver to retain demand during Diwali despite price reaching record high: Report

New Delhi, Oct 16 (IANS) Despite gold reaching record levels, cultural demand will sustain gold ownership in India, and silver's function as an industrial input may drive its price over $50 per ounce, a report said on Thursday.

“We believe that while gold may not replicate its stellar YTD 2025 performance, its upward trajectory is far from over.