This week, the bullion market witnessed a significant surge as gold and silver prices hit records. Gold prices increased by ₹1,299 to ₹85,998 for 10 grams, while the prices of silver increased by ₹2,562 to ₹97,953 a kilogram. These patterns have been keenly observed by traders and analysts amidst economic uncertainty that continues to be prevalent globally across the world’s precious metal markets.
Gold and Silver Price Trends: A Steady Climb
Both gold and silver have steadily increased since January 2025. Gold, available at ₹76,162 per 10 grams as of January 1, has risen by ₹9,836. Likewise, silver has recorded a significant rise from ₹86,017 per kg, advancing by ₹11,936 in six weeks.
Gold and Silver Price Trends (Jan-Feb 2025)
The above graph shows the trend of gold and silver prices between January 1 and February 15, evidencing their smooth rise amidst the fluctuations in the market.
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Factors Driving the Surge
The experts blame the price hike on some major reasons:
- Global Economic Uncertainty: Investors are rushing to gold and silver as safe-haven assets in inflation and market turbulence.
- Weaker Rupee: The depreciation of the Indian rupee against the US dollar has contributed to higher gold prices.
- Inflation Concerns: Rising inflation has made gold a preferred hedge against economic instability.
- Stock Market Fluctuations: Increased volatility in equity markets has driven investors towards more stable asset classes like gold and silver.
City-Wise Gold Prices (24K per 10g)
- Delhi – ₹87,320
- Mumbai – ₹87,170
- Kolkata – ₹87,170
- Chennai – ₹87,170
- Bhopal – ₹87,220
Gold vs. Crypto vs. Shares: Young investors today have a crucial choice between gold, cryptocurrency, and stocks. While crypto lures the risk-takers with promising returns and decentralization, stocks provide steady growth via dividends and long-term appreciation. Gold, however, is a reliable hedge against inflation and economic decline. The decision, really, boils down to risk tolerance-those who want security opt for gold, while aggressive investors go with crypto and stocks for quicker money.
What Lies Ahead?
According to market analysts, there will be more volatility in the price of gold and silver over the coming months. The demand for these precious metals is expected to continue to be strong due to ongoing inflationary pressures and geopolitical concerns on a worldwide scale. Before making an investment, investors are advised to seek professional advice and keep a close eye on the market.
Read More: Gold and Silver Prices Hit All-Time Highs
