The price of gold has climbed steadily over the past 18 months, rising from around $2,000 per ounce in early 2024 to over $3,300 today. Several factors have been helping to drive this impressive run, including economic headwinds, ongoing global uncertainty and steady demand from central banks.

Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Thursday, with ten grams of the precious metal trading at ₹99,270 according to the GoodReturns website. The price of silver also went down by ₹100, with one kilogram of the precious metal selling at ₹1,13,900.

Gold prices are climbing amidst trade war tensions fueled by President Trump's tariffs on various economies and threats against Russia. Silver prices have surged to record highs due to strong ETF inflows and tight market conditions.