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Gold and silver prices on April 7: 24k Gold rate around ₹90,660; check prices in your city
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2 min read | Updated on April 07, 2025, 12:04 IST
SUMMARY
MCX Gold futures rise amid global trade war fears, inflation concerns, and slow economic growth, while in the local market, gold prices trade marginally lower amid weak demand. In Mumbai markets, 24K gold traded at ₹90,380 per 10 grams, down by ₹300, while Silver prices remain flat today.
In Delhi markets, 24K gold traded at ₹90,660 per 10 grams | Image: Shutterstock
MCX Gold futures traded higher in opening trades on Monday, kindled by the safe haven appeal amidst heightening tensions over the global trade war, risks of higher inflation and slower economic growth. The yellow metal was the most active contract as gold prices rebounded from last week's fall of 0.81% amid profit booking.
As of 11:30 am, the MCX Gold June future was up 0.33% at ₹88,362 per 10 gram, with a day high of ₹88,585 and day low of ₹87,830. Meanwhile, in the New York Mercantile, Gold futures for the June delivery were trading 0.4% or $11.8 higher at $3,045 an ounce.
Gold prices today in the local market
In Delhi markets, 24K gold traded at ₹90,660 per 10 grams and 22K gold at ₹83,100 per 10 grams, up by ₹10 over the last close.
Gold Price Today in Major Cities:
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | ₹83,100 | ₹90,660 |
| Mumbai | ₹82,285 | ₹90,380 |
| Chennai | ₹82,285 | ₹90,380 |
| Kolkata | ₹82,285 | ₹90,380 |
Silver Price Today in India (April 07, 2025)
Silver prices are reading flat around ₹94,000 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 rose 1.57% to trade around $29.7 an troy ounce in early Asian trade on Monday.
Silver Price Today in Major Cities:
| City | Silver Price (per kg) |
|---|---|
| Delhi | ₹94,000 |
| Mumbai | ₹94,000 |
| Chennai | ₹1,03,000 |
| Kolkata | ₹94,000 |
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