New Delhi.23.04.2025 : The gold price in India has crossed ₹1 lakh for 10 grams as global market uncertainty pushes investors towards safer assets. On Monday, the price of pure 24-carat gold touched over ₹10,000 per gram in major cities like Delhi, Mumbai, Kolkata, and Chennai.
In the United States, gold futures rose 1.7% to $3,482.40 after fresh concerns over President Donald Trump’s remarks about the Federal Reserve. Many investors moved their money into gold, driving up its value worldwide.
Gold Price in Different Cities
As per goodreturns.com, here’s the latest gold price for 1 gram of 24-carat gold:
- Delhi, Noida, Gurugram: ₹10,150
- Mumbai, Kolkata, Chennai, Bengaluru: ₹10,135
For 22-carat gold, the price is slightly lower at around ₹9,305 in Delhi and ₹9,290 in Mumbai.
Why Are Gold Prices Rising?
Gold has always been seen as a safe and valuable asset in India, especially during festivals, weddings, and financial uncertainty. The recent tensions in global markets — driven by worries about Trump’s trade policies and interest rates — have made investors buy more gold, causing the gold price to hit record highs.
Experts say friction between the US President and the Fed Chief over interest rates has weakened the dollar and boosted demand for gold. The precious metal, which had already crossed $3,300 last week, went above $3,400 on Monday.
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