Overview

• Gold prices have surged to a historic $3,149.03 per ounce globally and ₹94,150 per 10 grams in India, reflecting year-to-date increases of 18.78% and 18.6%, respectively.
• The rise is attributed to fears of global trade disruptions and economic instability tied to President Trump's impending tariffs.
• Investors are increasingly turning to gold as a hedge against inflation, market volatility, and geopolitical tensions, reinforcing its safe-haven status.
• Central banks and institutional investors have been bolstering gold reserves, further driving demand and price growth.
• Silver prices, in contrast, have declined by ₹1,000 per kilogram in India, reflecting mixed performance in the bullion market.