Main news content: The outlook for gold prices during the week of October 13, 2025, remains broadly bullish, with analysts strongly recommending a “buy on dips” strategy. After achieving a historic milestone by surging past $4,000 per ounce last week, driven by intensified geopolitical tensions and a weakening US Dollar, the metal corrected mid-week due to profit booking and a temporary easing of fears following a Hamas-Israel ceasefire. However, the underlying drivers for safe-haven demand—namely the ongoing, eight-day US government shutdown, escalating US-China tariff threats, and global political unrest in countries like Japan and France—continue to underpin prices.
The market’s attention this week will be dominated by key macroeconomic events and data, assuming the US shutdown does not cause further delays. Investors will be closely watching for the release of US CPI (Consumer Price Index), retail sales, and jobs data, as well as speeches from Fed Chair Jerome Powell and other Federal Reserve officials. Any signs of persistent inflation or labor market weakness will reinforce expectations of aggressive US Federal Reserve rate cuts, which would reduce the opportunity cost of holding non-yielding gold and provide strong upward momentum. Conversely, any resolution to the US shutdown or stronger-than-expected data could cause temporary pullbacks.In addition to gold, Silver remains a focus, despite its own mid-week correction. The metal is reportedly in deep backwardation due to acute supply shortages, prompting some fund houses to halt new ETF inflows, suggesting a structurally tight market that could limit downside. Given the high structural demand (including strong central bank buying), persistent geopolitical risks, and the supportive technical backdrop—coupled with India’s ongoing festive demand—experts view any price correction this week as a valuable entry point for strategic buyers.
