In India, futures prices for gold and silver rose sharply on October 20, 2025, with gold December contracts up ~0.89% at ₹1,28,134 per 10 g and silver futures climbing ~1.27% to ₹1,58,600 per kg. The uptick is attributed to strong festival-season demand alongside global safe-haven flows and a softer rupee. Analysts caution that while the trend may continue, margin and import-cost pressures remain.