Gold hit a new all-time high on February 11, 2025, with the price of 10 grams of 24-carat gold rising by ₹238 to ₹85,903, according to the India Bullion and Jewelers Association (IBJA). This surpasses the previous record of ₹85,665 set just a day earlier. In contrast, silver prices saw a sharp decline, dropping by ₹1,123 to ₹94,410 per kilogram. On February 10, silver was priced at ₹95,533 per kilogram. The metal's all-time high remains ₹99,151 per kilogram, recorded on October 23, 2024. Gold Surges ₹9,741 Since January 1 Since the beginning of the year, the price of 10 grams of 24-carat gold has jumped from ₹76,162 to ₹85,903—an increase of ₹9,741. Silver has also surged, rising from ₹86,017 per kilogram to ₹95,533, marking a gain of ₹9,516. Gold and Silver Delivered Strong Returns in 2024 In 2024, gold prices climbed by 20.22%, while silver saw a 17.19% increase. On January 1, 2024, gold was priced at ₹63,352 per 10 grams, reaching ₹76,162 by December 31. Silver followed a similar trend, rising from ₹73,395 per kilogram to ₹86,017. Gold May Hit ₹90,000 in 2024 Ajay Kedia, Director of Kedia Advisory, predicts that gold could reach ₹90,000 per 10 grams this year. Factors driving this surge include interest rate cuts in the US and UK, escalating geopolitical tensions, and increased investment in Gold ETFs, all of which are fueling demand. Always Buy Certified Gold When purchasing gold, ensure it carries the Bureau of Indian Standards (BIS) hallmark. Certified gold includes a 6-digit Hallmark Unique Identification Number (HUID), such as AZ4524, which verifies its purity.Original Article