Market News
2 min read | Updated on April 04, 2025, 09:43 IST
SUMMARY
Gold prices in India rose marginally on Friday, with 24K gold reaching ₹93,390. Global gold prices hit record highs amid rising demand for safe-haven assets due to US trade tensions and geopolitical uncertainty.
Spot gold is trading 0.27% lower at $3,113 an ounce in international markets | Image: Shutterstock
Gold prices trade marginally higher in the domestic market following a record rise in the past few days as US President Donald Trump announced reciprocal tariffs on India and several other countries.
On Friday, the 24K gold increased by ₹10 to ₹93,390 per 10 grams and the 22K gold to ₹85,610 per 10 grams in major Indian cities. Yesterday, 24k gold prices closed at ₹93,380 per 10 grams.
Meanwhile, in early Asian trade on Friday, spot gold is trading 0.27% lower at $3,113 an ounce. Gold prices have seen a record run as prices crossed $3,200 per ounce in the US markets amid rising demand for the safe-haven assets because of uncertainty around US trade tariffs and geopolitical tensions.
In Delhi markets, 24K gold trades at ₹93,540 per 10 grams and 22K gold at ₹85,760 per 10 grams, while in Mumbai, 24K gold is around ₹93,390.
City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
---|---|---|
Delhi | ₹85,760 | ₹93,540 |
Mumbai | ₹85,610 | ₹93,390 |
Chennai | ₹85,610 | ₹93,390 |
Kolkata | ₹85,610 | ₹93,390 |
Silver prices slipped by ₹100 to ₹1,02,900 per kg in early trade due to weak demand from industrial users and coin makers. Weak global trends also weighed on the local prices. Spot Silver dropped by 1.2% at $31.56 an ounce in early Asian trade on Friday.
City | Silver Price (per kg) |
---|---|
Delhi | ₹1,02,900 |
Mumbai | ₹1,02,900 |
Chennai | ₹1,11,900 |
Kolkata | ₹1,02,900 |
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