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Gold Prices Surge in India: 24-Carat Gold Hits ₹90,161 per 10 Grams

Gold Prices Surge in India: 24-Carat Gold Hits ₹90,161 per 10 Grams
Last Updated: 2 day ago

Gold Price Reaches ₹90,161 per 10 Grams on April 11, 2025; Silver at ₹90,669 per Kg. Check Today's Rates Across India.

Gold Price Today: A significant surge in gold and silver prices was witnessed in Indian markets on April 11, 2025. According to the India Bullion and Jewellers Association (IBJA), 24-carat gold reached ₹90,161 per 10 grams, considerably higher than the previous closing price of ₹88,550. Similarly, silver prices climbed to ₹90,669 per kilogram, up from the previous rate of ₹90,363. Markets were closed on Thursday for Mahavir Jayanti; therefore, these rates remain applicable until Friday's opening.

Trump Tariffs and International Factors Drive Price Increase

The current surge in gold and silver prices is attributed to international market fluctuations and global economic factors such as Trump tariffs. Uncertainty in US markets and a decline in the dollar index have increased gold demand. Investors are increasingly shifting towards safe haven assets.

Changes in All Carat Rates: Know the New Prices

According to the IBJA website, the rate for 23-carat gold is ₹89,800, 22-carat gold is ₹82,588, 18-carat gold is ₹67,621, and 14-carat gold is ₹52,744 per 10 grams. This indicates a price increase across all carat weights, leading to increased activity in the jewelry market.

Today's Latest Rates Across Cities

Slight variations in gold prices were observed across different cities. In Delhi, Jaipur, Lucknow, and Ghaziabad, 24-carat gold is selling at ₹90,600 per 10 grams, while in Mumbai, Kolkata, and Chennai, it's priced at ₹90,450. 22-carat gold rates range from ₹82,910 to ₹83,060, and 18-carat gold is available between ₹67,320 and ₹68,360.

Factors Influencing Gold and Silver Prices

Gold prices in India are primarily influenced by international market prices, import duty, tax structure, and the rupee-dollar exchange rate. Furthermore, domestic demand, festivals, and wedding seasons increase demand, directly impacting prices. Gold is a traditional investment avenue and is closely linked to the emotional and financial security of Indian families.

Important Alert for Investors and Jewelers

Given the current market surge, investors are advised to closely monitor price fluctuations. Whether today's increase is temporary or indicative of a long-term trend will become clearer in the coming trading days. Traders and jewelers should consider options like price locking or hedging in this situation.

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