Gold prices gain, up 0.5% with Rs 1.25 lakh mark in sight. What are analysts saying?

Gold and silver opened higher on October 10, with MCX gold at Rs 1,21,032 per 10 grams and silver at Rs 1,46,779 per kg, supported by U.S. rate cut expectations, central bank buying, and safe-haven demand. Global economic uncertainty, the U.S. government shutdown, and ETFs inflows continue to influence prices, while profit booking and geopolitical developments may test the rallys resilience.