As of April 11, gold prices continue to capture the attention of investors amid rising concerns regarding tariff policies from former President Donald Trump and an intensifying global trade war. With market volatility prompting individuals to seek refuge in safe-haven assets like gold and silver, the Multi Commodity Exchange (MCX) reported that gold was trading at ₹92,050 per 10 grams, reflecting a slight increase of ₹17 or 0.02%. Meanwhile, silver prices also experienced a minor uptick, reaching ₹91,689 per kg.
Current Gold and Silver Prices
On April 11, the market witnessed notable fluctuations in gold and silver prices across major cities in India. Here’s a breakdown of the rates in key locations:
New Delhi
- Gold bullion rate: ₹91,840 per 10 gm
- MCX Gold rate: ₹92,050 per 10 gm
- Silver bullion rate: ₹91,710 per kg
- MCX Silver rate: ₹88,698 per kg
Mumbai
- Gold bullion rate: ₹92,000 per 10 gm
- MCX Gold rate: ₹92,050 per 10 gm
- Silver bullion rate: ₹91,870 per kg
- MCX Silver rate: ₹91,689 per kg
Hyderabad
- Gold bullion rate: ₹92,140 per 10 gm
- MCX Gold rate: ₹92,050 per 10 gm
- Silver bullion rate: ₹92,010 per kg
- MCX Silver rate: ₹91,689 per kg
Chennai
- Gold bullion rate: ₹92,050 per 10 gm
- MCX Gold rate: ₹88,376 per 10 gm
- Silver bullion rate: ₹92,130 per kg
- MCX Silver rate: ₹91,689 per kg
Kolkata
- Gold bullion rate: ₹91,880 per 10 gm
- MCX Gold rate: ₹92,050 per 10 gm
- Silver bullion rate: ₹91,740 per kg
- MCX Silver rate: ₹91,689 per kg
Bengaluru
- Gold bullion rate: ₹92,070 per 10 gm
- MCX Gold rate: ₹92,050 per 10 gm
- Silver bullion rate: ₹91,940 per kg
- MCX Silver rate: ₹91,689 per kg
Market Insights
The recent trend in gold prices reflects broader economic uncertainties, with investors increasingly gravitating towards commodities that offer stability. As global tensions rise, gold and silver remain attractive options for safeguarding wealth. Investing in these precious metals could serve as a strategic move for those looking to maintain financial security in unpredictable times.
For further updates on market trends, stay tuned to our finance section where we cover the latest news and expert analyses.
