Join WhatsApp

Join Now

Join Telegram

Join Now

Gold Prices Surge Amid Trade War Fears and Geopolitical Tensions

Gold prices saw a notable uptick in early trade on Tuesday, February 25, extending gains from overnight global markets. The surge was driven by escalating trade war concerns and increased demand from retailers and jewellers in domestic markets. Despite a rebound in the US dollar during early Asian trade, gold remained resilient, supported by its safe-haven appeal.

Geopolitical Tensions Boost Gold’s Appeal

Geopolitical uncertainties further bolstered gold prices as Russia launched its largest drone attack on Ukraine, despite claims of seeking a resolution to the ongoing conflict. This escalation heightened global tensions, prompting investors to turn to gold as a secure asset.

Domestic Gold Prices on the Rise

In the domestic markets, 24K gold prices climbed to ₹87,880 per 10 grams, while 22K gold reached ₹80,560 per 10 grams on February 25. This marked an increase of ₹100 from the previous day, when 24K gold closed at ₹87,870 per 10 grams and 22K gold at ₹80,550 per 10 grams.

Why Gold Remains a Safe Haven

The combination of trade war fears, geopolitical tensions, and steady demand from retailers and investors continues to support gold prices. As global markets remain volatile, gold’s role as a safe-haven asset is likely to keep it in the spotlight for the foreseeable future.

Gold Price Today in Major Cities:

City22K Gold (per 10gm)24K Gold (per 10gm)
Delhi₹80,700₹88,030
Mumbai₹80,560₹87,880
Chennai₹80,560₹87,880
Kolkata₹80,560₹87,880

Silver Price Today in India (February 25, 2025)

Silver prices also followed the same direction as gold, rising ₹100 to trade at ₹1,01,100 per kg in the early session on Tuesday, reflecting the rise in demand from industrial users. The white metal had recovered by ₹500 on Monday, following firm global trends. The US dollar rebounded in early trade on Tuesday, limiting silver’s gains. Spot silver was up by 0.18% at $32.42 an ounce in early Asian Trade on Tuesday.

Silver Price Today in Major Cities:

CitySilver Price (per kg)
Delhi₹1,01,100
Mumbai₹1,01,100
Chennai₹1,08,100
Kolkata₹1,01,100

Comparison of Gold and Silver Prices This Week

Gold prices gained for the second day this week as a flare-up in the Russia-Ukraine war after a recent drone attack boosted its safe-haven appeal. Silver prices also traded higher this week.

Here’s a comparison of gold and silver prices from earlier this week:

Date22K Gold (per 10g)24K Gold (per 10g)Silver Price (per kg)
Feb 25₹80,560₹87,880₹1,01,100
Feb 24₹80,550₹87,870₹1,01,000
Feb 22₹80,450₹87,770₹1,00,500
Feb 21₹80,250₹87,750₹1,00,400
Feb 20₹80,700₹88,040₹1,00,500
Feb 19₹80,350₹87,650₹1,00,500
Feb 18₹79,700₹86,950₹1,00,500
Spread the love

Educating people by helping them understand the benefits of precious metals as part of their portfolios.

Leave a Comment