Gold prices increased by ₹471 per unit to ₹85,725 per 10 gram (gm) on Tuesday, February 18, 2025, according to the India Bullion and Jewelers Association (IBJA). On February 14, the precious metal had made an all-time high of ₹86,089 per 10 gm. Meanwhile, silver prices rose by ₹13 per unit to ₹95,959 per kilogram (kg). The white metal had seen its all-time high on October 23, 2024 at ₹99,151 per kg. Gold prices per 10 gm in 4 metropolitan cities and Bhopal Precious metal becomes costlier by ₹9,563 since January 1 This year, from January 1 until now, the rate of 10 gm of 24 carat gold has increased by ₹9,563 from ₹76,162 to ₹85,725. Similarly, the price of the white metal has also increased by ₹9,942 from ₹86,017 per kg to ₹95,959 per unit. Reasons behind rise in gold prices Precious Metal Performance in 2024 Gold Performance Silver Performance Kedia Advisory sees 6% more upside in yellow metal Kedia Advisory, director, Ajay Kedia has said that interest rate cut cycle, increased geopolitical tensions and investment in Gold ETFs could further increase brightness of the yellow metal. He sees gold prices rise to ₹90,000 per 10 gm this year.Original Article