Gold and Silver Prices Reach ₹93,353 and ₹92,929 Respectively on April 14th. Market Closed for Ambedkar Jayanti, but IBJA Rates Apply. Check Latest Prices by Carat and City.
Gold-Silver Price: On April 14th, 2025, Ambedkar Jayanti, a significant rise in gold and silver prices was recorded across India. According to the Indian Bullion and Jewellers Association (IBJA), 24-carat gold reached ₹93,353 per 10 grams today, a substantial increase from Friday's closing price of ₹90,161. Silver prices stood at ₹92,929 per kilogram.
Why the Price Change Despite Market Closure?
Since the market remains closed on Saturdays and Sundays, and today is a public holiday for Ambedkar Jayanti, there was no trading. However, the prices updated by IBJA after Friday are considered valid until Monday.
Gold Prices by Carat:
24 Carat (999): ₹93,353 per 10 grams
23 Carat (995): ₹92,979 per 10 grams
22 Carat (916): ₹85,511 per 10 grams
18 Carat (750): ₹70,015 per 10 grams
14 Carat (585): ₹54,612 per 10 grams
Silver (999): ₹92,929 per kilogram
Gold Prices Vary Across Cities
Gold prices showed some variation across major Indian cities:
Delhi, Noida, Lucknow, Jaipur: 22 Carat ₹87,840, 24 Carat ₹95,810
Mumbai, Kolkata, Chennai: 22 Carat ₹87,690, 24 Carat ₹95,660
Gurugram, Ghaziabad, Chandigarh: 22 Carat ₹87,840, 24 Carat ₹95,810
Factors Affecting Gold Prices in India
Gold and silver prices in India are primarily dependent on international markets, the dollar-rupee exchange rate, import duty, taxes, and domestic demand. Gold holds significant importance in Indian culture, not only as jewellery but also as a financial investment.