Silver Rises Over 120% YTD 
Gold has set 12 record highs in just two months of 2025, reaching as high as $2,940 per ounce and marking an 11% year-to-date gain.
This rally, reminiscent of the COVID-19 era surge, has been driven by a perfect storm of market conditions. Central banks, especially in Asia, are actively diversifying away from U.S. dollar reserves, with China leading the charge by reducing U.S. Treasury holdings in favor of gold purchases.
Major investment firms, central banks, and retail investors are all participating in this historic rally, pushing domestic gold prices past ₹85,000 per 10 grams. The metal’s traditional role as a safe-haven asset has been reinforced by current market volatility and geopolitical uncertainties, suggesting continued strong support for prices as investors seek stability in an increasingly uncertain global environment.
