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On April 22, the gold price in India reached an unprecedented peak, with the cost of 24 carat gold soaring by an astounding Rs.30,000 per 100 grams, now standing at Rs.1,01,350. This marks a significant milestone as it is the first occasion in India’s history that gold prices have exceeded the Rs.1 lakh threshold. Additionally, the international spot gold market is experiencing a relentless surge, with prices surpassing USD 3,400 per ounce on Monday.
Gold prices have surged recently due to global economic uncertainty and recession fears in the U.S. Over the past few months, gold has steadily gained value, with Tuesday’s rise mirroring international market trends.
Gold Prices by City on April 22, 2025:
Delhi:
- 22-carat gold: Rs 93,050 for 10 grams
- 24-carat gold: Rs 1,01,500 for 10 grams
Mumbai:
- 22-carat gold: Rs 92,900 for 10 grams
- 24-carat gold: Rs 1,01,350 for 10 grams
Chennai:
- 22-carat gold: Rs 92,900 for 10 grams.
- 24-carat gold – Rs 1,01,350 per 10 grams
Kolkata: - 22-carat gold: Rs 92,900 for 10 grams
- 24-carat gold: Rs 1,01,350 for 10 grams
Gold and Silver on MCX:
On the Multi Commodity Exchange (MCX), gold futures for June 5, 2025, rose by 1.84% to Rs 99,065 for 10 grams. Silver futures for May 5 delivery increased by 0.66% to Rs 95,873 per kilogram.
Global Gold Prices:
On the COMEX, gold prices climbed 2.02% to USD 3,494.60 per ounce, while silver rose 0.90% to USD 32.85 per ounce.
(Newsroom staff only edited this story for style from a syndicated feed)
