Gold prices in India have surged significantly, nearing the Rs 1 lakh mark per 10 grams just in time for Akshaya Tritiya, set to be celebrated on April 30. In the capital city of Delhi, the cost of 24-karat gold jumped by Rs 1,650, bringing the price to Rs 99,800 for 10 grams. This figure surpasses the Rs 1 lakh threshold when factoring in GST and making charges. Globally, gold prices have also seen unprecedented increases, driven by uncertainty in the markets following Donald Trump’s recent remarks about Federal Reserve Chair Jerome Powell.

Current Gold Pricing in India

According to the Indian Bullion Association (IBA), as of 11:30 am on Tuesday, gold prices are as follows:

• 24-karat gold: Rs 99,380 for 10 grams
• 22-karat gold: Rs 91,098 for every 10 grams

If you’re considering purchasing 10 grams of the purest gold on that date, expect to pay Rs 99,380. Additionally, if you’re interested in silver, 1 kg will set you back Rs 96,150.

City-wise Gold Rates

Curious about how gold prices vary across the country? Here’s a breakdown of the current rates for 22-karat and 24-karat gold in various cities:

• Delhi: 22K – Rs 90,490 | 24K – Rs 98,720
• Kolkata: 22K – Rs 90,530 | 24K – Rs 98,760
• Chennai: 22K – Rs 90,920 | 24K – Rs 99,180
• Mumbai: 22K – Rs 90,650 | 24K – Rs 98,890
• Hyderabad: 22K – Rs 90,790 | 24K – Rs 99,040
• Patna: 22K – Rs 90,600 | 24K – Rs 98,840
• Bangalore: 22K – Rs 90,720 | 24K – Rs 98,970
• Ahmedabad: 22K – Rs 90,830 | 24K – Rs 99,090
• Aizawl: 22K – Rs 91,070 | 24K – Rs 99,350
• Kerala: 22K – Rs 90,920 | 24K – Rs 99,190

Understanding Gold Price Trends

This recent spike in gold prices reflects a broader trend, as the metal’s value has doubled in less than three years, marking a 100% increase to reach the Rs 1 lakh milestone. Investors often turn to gold during times of economic uncertainty, making it a safe haven asset.

Stay ahead of market shifts—whether you’re buying or selling gold, now is a pivotal time to keep an eye on the fluctuating prices.