In light of ongoing economic uncertainties, the demand for gold has surged as investors seek refuge in safe-haven assets. This trend follows the escalation of trade tensions under U.S. President Donald Trump, making gold a popular choice among those navigating the unpredictable financial landscape. As of April 1, 2025, the price of 24-carat gold opened at ₹90,000 per 10 grams and quickly climbed to a remarkable peak of ₹90,830.
Current Gold and Silver Prices in Major Cities
According to the Indian Bullion Association (IBA), as of 10:15 AM on April 1, the prices were as follows:
- 24-carat gold: ₹89,330 per 10 grams
- 22-carat gold: ₹81,886 per 10 grams
- Silver (999 Fine): ₹1,01,200 per kg
Over the last 24 hours, gold bullion prices have shown stability, while silver saw an increase, rising by ₹834 to reach ₹1,00,899 per kg on the MCX index.
Gold and Silver Prices by City
Let’s break down the gold and silver prices in key cities across India:
New Delhi
- Gold Bullion Rate: ₹89,020 per 10 gm
- MCX Gold Rate: ₹91,020 per 10 gm
- Silver Bullion Rate: ₹100,760 per kg
- MCX Silver Rate: ₹1,00,820 per kg
Mumbai
- Gold Bullion Rate: ₹89,170 per 10 gm
- MCX Gold Rate: ₹91,020 per 10 gm
- Silver Bullion Rate: ₹1,00,930 per kg
- MCX Silver Rate: ₹1,00,820 per kg
Chennai
- Gold Bullion Rate: ₹89,430 per 10 gm
- MCX Gold Rate: ₹91,020 per 10 gm
- Silver Bullion Rate: ₹1,01,230 per kg
- MCX Silver Rate: ₹1,00,820 per kg
Hyderabad
- Gold Bullion Rate: ₹89,310 per 10 gm
- MCX Gold Rate: ₹91,020 per 10 gm
- Silver Bullion Rate: ₹1,01,130 per kg
- MCX Silver Rate: ₹1,00,820 per kg
Kolkata
- Gold Bullion Rate: ₹89,050 per 10 gm
- MCX Gold Rate: ₹91,020 per 10 gm
- Silver Bullion Rate: ₹1,00,840 per kg
- MCX Silver Rate: ₹1,00,820 per kg
Bengaluru
- Gold Bullion Rate: ₹89,240 per 10 gm
- MCX Gold Rate: ₹91,020 per 10 gm
- Silver Bullion Rate: ₹1,01,050 per kg
- MCX Silver Rate: ₹1,00,820 per kg
Market Trends and Insights
The upward trajectory in gold prices is a direct response to tariff uncertainties, prompting investors to pivot towards safer investments like gold and silver. With ongoing economic fluctuations, these precious metals remain a focal point for wealth preservation. For more detailed insights into market trends, check out our additional resources.
As the market evolves, staying updated on gold and silver prices is crucial for investors looking to navigate the complexities of today’s economy.
