Gold prices in India continued their upward trend today, April 12, 2025, marking the fourth consecutive day of gains this week. The rates for both 24-carat and 22-carat gold have reached record highs, fueled by global economic uncertainties and a weakening U.S. Dollar Index. Spot gold prices crossed the psychological barrier of USD 3,200 per ounce, further driving domestic gold rates.
Gold Price Today in India
As of today, the gold rates per 10 grams are as follows:
- 24-carat gold: ₹95,670 (+₹270)
- 22-carat gold: ₹87,700 (+₹250)
For bulk purchases:
- 100 grams of 24-carat gold: ₹9,56,700
- 100 grams of 22-carat gold: ₹8,77,000
City-Wise Gold Rates
Here’s a breakdown of gold prices across major cities in India:
| City | 24 Carat (₹) | 22 Carat (₹) |
|---|---|---|
| Delhi | ₹95,820 | ₹87,850 |
| Mumbai | ₹95,670 | ₹87,700 |
| Chennai | ₹95,670 | ₹87,700 |
| Kolkata | ₹95,670 | ₹87,700 |
| Hyderabad | ₹95,670 | ₹87,700 |
| Bangalore | ₹95,670 | ₹87,700 |
| Bhubaneswar | ₹95,670 | ₹87,700 |
(Note: Prices may vary slightly based on local taxes and market conditions.)
Factors Driving the Surge
- Global Trade Tensions: Ongoing trade disputes between the U.S. and China have led to increased demand for safe-haven assets like gold.
- Weakening Dollar: The U.S. Dollar Index dropped to a multi-month low of 99.78, making gold more attractive to investors.
- Market Speculation: Experts predict further rises in gold prices due to persistent geopolitical uncertainties.
How to Buy Gold Today
Gold can be purchased in various forms:
- Physical Gold: Available at jewelry stores and authorized dealers.
- Digital Gold: Invest through platforms like Paytm or Google Pay.
- Gold ETFs (Exchange-Traded Funds): Ideal for stock market investors.
Silver Prices Also Rise
Alongside gold, silver prices have surged by ₹2,900 in the last 24 hours:
- Current rate: ₹1,00,000 per kilogram.
- In Bhubaneswar: Silver is priced at ₹1,10,000 per kilogram.
Conclusion
With gold prices continuing their rally and reaching record highs this week, experts suggest that now is a strategic time for investors to consider adding gold to their portfolios. Stay tuned with Digihunt for daily updates on gold and silver rates across India!