Gold and silver price on April 1: Gold hits all-time high amid US tariff uncertainty; check prices in your city

Gold prices advanced on April 1 in major Indian cities as the metal hit record high levels in global markets. Gold prices hit a new peak as concern over US President Donald Trump’s reciprocal tariffs likely to have fuelled safe-haven demand.

On Tuesday, the 24K gold increased by ₹930 to ₹92,840 per 10 grams and the 22K gold to ₹85,100 per 10 grams in major Indian cities. In early Asian trade, spot Gold rose by 0.6% to $3,142 an ounce. The metal scaled a fresh lifetime high of $3,145 an ounce earlier in the session.

This week markets are looking forward to key economic data to get clues about the bullion price movement. Key US data this week includes the job openings due later in the day, the ADP employment report on Wednesday and the non-farm payrolls report on Friday that could provide insights into the Fed’s rate-cut trajectory.

Gold Price Today in India (April 1, 2025)

In Delhi markets, 24K gold traded at ₹92,990 per 10 grams and 22K gold at ₹85,250 per 10 grams, up by ₹73 over the last close.

Gold Price Today in Major Cities:

Silver Price Today in India (April 1, 2025)

Silver prices rose by ₹1000 to ₹1,05,000 per kg in early trade amid tariffs uncertainty. Gold and silver are seen as a hedge against geopolitical and economic instability, thrives in a low-interest-rate environment. Spot silver rose by 0.2% at $34.13 an ounce in early Asian trade on Tuesday.

Silver Price Today in Major Cities:

Comparison of Gold and Silver Prices This Week

Gold prices advanced on Tuesday as tariff uncertainty fuels its safe-haven demand. Trump announcing fresh tariffs on auto and auto part imports have prompted investors rush to the precious metal.

Here’s a comparison of gold and silver prices from earlier this week: