Gold made an all-time high of ₹82,963 per 10 gram on Friday, February 04, 2025, according to the India Bullion and Jewelers Association (IBJA). The yellow metal’s previous record high was witnessed on February 03 at ₹82,704 per 10 gm. Meanwhile, silver prices rose by ₹162 to ₹93,475 per kilogram. The white metal saw its all-time high on October 23, 2024, when it reached ₹99,151 per kg. Gold Prices Rose By ₹6,801 This Year On December 31, 2024, the price of 10 grams of 24-carat gold was ₹76,162. However, over the past 35 days, it rose by ₹6,801. On the other hand, silver traded at ₹86,017 per kg on December 31, 2024. Similarly, it increased by ₹7,458 per kg this year. Gold prices per 10 gm in 4 metropolitan cities and Bhopal 5 Major Reasons For The Rise In Gold Prices Gold Returned 20%; Silver Gained 17% In 2024 Gold prices increased by 20.22% last year. On the other hand, silver prices rose by 17.19%. For instance, gold was trading at ₹63,352 per 10 grams on January 1, 2024, which reached to ₹76,162 on December 31, 2024. During this period, silver rose from ₹73,395 to ₹86,017 per kg. Gold could reach up to ₹85,000 by June Kedia Advisory's Director Ajay Kedia had earlier said that due to the US and the UK's interest rate cuts, purchase of Gold ETFs could increase. In such a scenario, the yellow metal prices could reach up to ₹85,000 per 10 gm by June 30 this year.Original Article