New Delhi, March 4 -- Gold prices have surged nearly 10 per cent year-to-date (YTD) in 2025, outpacing Bitcoin, which has slipped over 3 per cent in this period. The recent rally in gold comes as investors seek safe-haven assets following heightened trade tensions and geopolitical uncertainty.

On Tuesday, March 4, gold prices extended their gains after former U.S. President Donald Trump vowed to implement tariffs on trade partners. MCX gold opened higher at Rs.85,399 per 10 grams and reached an intraday high of Rs.85,518. Meanwhile, spot gold hovered near $2,891 per ounce, following a 1.2 percent jump on Monday.

The surge in gold prices was fueled by concerns over trade tariffs, as Trump announced a doubling of levies on China to 20 per...