New Delhi, April 18 -- Gold has emerged as one of the best-performing asset classes in 2025 so far, surging nearly 25 percent year-to-date (YTD) and scaling fresh all-time highs on both the MCX and COMEX platforms. According to Motilal Oswal Financial Services Ltd (MOSL), this rally has been underpinned by escalating geopolitical tensions, mounting trade disputes-especially between the US and China-and a notable spike in safe-haven demand from retail and institutional investors alike.

Silver, too, has trailed gold's upward path, posting a solid 15 percent gain YTD on COMEX, Motilal Oswal noted. The firm said that the momentum in precious metals has been fuelled by fears of stagflation, persistent inflation, and global macroeconomic uncer...