The price of 24-karat gold in the retail market soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams in New Delhi.Gold prices recorded its steepest intraday hike on April 11 when it jumped over Rs 6,200.Additionally, silver prices climbed by Rs 1,900 to Rs 99,400 per kg.Global rush for safe-haven buying due to escalating trade war between the US and China driving the increase in gold and silver prices.