Edit this postGold prices surged to a historic high of ₹86,500 per 10 grams on the Multi Commodity Exchange (MCX) on February 19, 2025, marking a significant weekly gain of ₹1,800 per gram. The rally was driven by strong safe-haven demand amid global economic uncertainty, fueled by former US President Donald Trump's aggressive tariff policies and fears of a trade war. Domestic spot gold also reached ₹86,430 per 10 grams, while global spot gold touched $2,947 per ounce. Analysts attribute the rise to central bank buying, inflation concerns, and geopolitical tensions.
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