New Delhi, 18 February 2025: Gold-silver prices skyrocketed today due to a bullish market sentiment. The price of gold rose by ₹436, taking the rate of 10 grams of 24-carat gold to ₹85,690. The price of silver also rose, and it traded at ₹96,023 per kilogram.
Gold Price Trends
Gold prices have been on an upward trend during the past couple of weeks, with today’s rise contributing to the overall trend. Yesterday’s rate had been ₹85,254, a consistent upward price trend.
Date | Gold Price (10g, 24K) |
---|---|
February 14 | ₹86,089 (All-time high) |
February 17 | ₹85,254 |
February 18 | ₹85,690 |
Silver Market Performance
Silver prices have also demonstrated a stable increase. Currently priced at ₹96,023 per kg, silver has been approaching its all-time high of ₹99,151, recorded on October 23, 2024.
Date | Silver Price (per kg) |
---|---|
October 23, 2024 | ₹99,151 (All-time high) |
February 17, 2025 | ₹95,946 |
February 18, 2025 | ₹96,023 |
4 Key Reasons for Rising Gold Prices
- Geopolitical Tensions – Trump’s presidency has heightened global uncertainties.
- Weak Rupee – A declining rupee makes gold costlier.
- Inflation Impact – Rising inflation boosts gold demand.
- Stock Market Volatility – Investors turn to gold as a safe haven.
Market Outlook and 2025 Trends
2025 has seen a bull run in the gold and silver markets on the back of economic insecurity, geopolitical tensions, and increasing inflationary pressures. Central banks were slow to fire their monetary bullets, but investors turned to precious metals as a hedging tool to counter market risk. Experts predict that if trends continue, the precious metal will break new record highs within a few months to reassert itself as a sure bet investment channel.
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