Gold and Silver Price on April 17: 24k Gold rate at ₹96,180 per 10 gram in Mumbai; check prices in your city

Domestic gold prices rose marginally on Thursday, April 17. 24K gold traded at ₹96,180 per 10 grams, up ₹10/ gram compared to yesterday’s closing, while 22K gold is at ₹88,160 per 10 gram.

So far in 2025, gold prices have seen substantial gains, rising over 23% and outperforming the benchmark NIFTY50 index. Growing trade war concerns due to US tariffs, geopolitical uncertainty and the US-China trade war have led to higher demand for safe haven assets like gold. Besides this, the US dollar index falling below the 100-mark to a three-year low also supported the gold prices.

In Delhi markets, the 24K gold rate stood at ₹96,330 per 10 gram and 22K gold at ₹88,310 per 10 gram.

Gold Price Today in India (April 17, 2025)

Meanwhile, MCX Gold futures traded marginally lower today. As of 9:15 am, the MCX Gold June future was down 0.02% at ₹95,643 per 10 gram, with a day high of ₹95,894 and day low of ₹95,600. MCX gold is mirroring the gains witnessed in the international gold prices in early morning trades. In the US markets, Gold futures for June delivery were trading 0.2% or $6.5 higher at $3,353 an ounce.

International investment firm ANZ has raised its year-end gold price forecast to $3,600 per ounce and its six-month forecast to $3,500 from $3,200 earlier. Analysts at the bank said, "Increasing risks of a deeper recession, another turn in the geopolitical landscape, disruptions in global supply chains, fears of rising inflation along with a changing rate outlook suggest that gold will remain on strong footing in the foreseeable future,".

Silver Price Today in India (April 17, 2025)

Silver prices are trading flat, around ₹1,00,100 per kg in the local market. Meanwhile, MCX Silver for May delivery trades 0.87% lower at ₹95,416 per kg, while international silver prices trade around $32.59 per troy ounce, down 1.18%.