New Delhi, April 3 -- Both gold and silver have seen impressive rallies in the current calendar year, gaining in double-digits. While trade war jitters and hopes of monetary easing are driving the bullion to record high level, the rally in silver prices comes amid growing industrial demand from solar and electronics industries.

In 2025, MCX gold prices have risen 18% to a record high level of Rs.91,696 per 10 grams, which the yellow metal touched today (April 3), as the latest round of tariff imposition by US President Donald Trump further strengthened safe-haven demand.

Donald Trump announced reciprocal tariffs on 180 countries, further escalating global trade tensions. Trump unveiled new duties on trading partners, including India, us...