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May 8, 2025: Gold and Silver Price Surge - Expert Predictions and Investment Strategies Unveiled

Gold and Silver Price Prediction Today

Gold and silver prices have been reaching new heights amid global geopolitical uncertainties. Investors are keenly watching the market trends to make informed decisions. Here's what experts say about the outlook for May 8, 2025.

Gold & silver price prediction today: What's the gold rate outlook for May 8, 2025 - should you buy or sell?

MCX Gold: Exhibiting a strong bullish trend, MCX Gold is poised to retest its previous high of ₹99,700. With a current market price of ₹97,200, experts recommend long positions with a target of ₹99,700 and a stop loss at ₹96,000.

MCX Silver: Showing resilience, silver is expected to surpass its previous peak. The current price is ₹96,380, with a target of ₹1,00,000 and a stop loss at ₹93,700.

Investors are advised to consider these predictions while keeping risk management in mind.