Gold prices in India have gone up sharply, reaching almost Rs 1 lakh per 10 grams in the spot market, and that too, just before Akshaya Tritiya, which falls on April 30. In Delhi, the price of 24-karat gold rose by Rs 1,650 to Rs 99,800 for 10 grams. The final price crosses the Rs 1 lakh mark which includes the GST and making charges. Globally also, gold rates have hit record highs. This is largely due to the concerns over US President Donald Trump’s recent criticism of Federal Reserve Chair Jerome Powell, which caused uncertainty in the markets and made gold more attractive.
The Indian Bullion Association (IBA) shared the following rate as of 11:30 am on Tuesday:
– 24-carat gold at Rs 99,380 for 10 grams.
– 22-carat gold at Rs 91,098 for every 10 grams.
So, if you wanted to buy 10 grams of the purest gold on that date and time, you’d have to pay Rs 99,380. And if you were buying 1 kg of silver, it would cost you Rs 96,150.
Want to find out how much the yellow metal costs in your city? Find out here:
Cities Name | 22-carat gold rate | 24-carat gold rate |
Delhi | Rs 90,490 | Rs 98,720 |
Kolkata | Rs 90,530 | Rs 98,760 |
Chennai | Rs 90,920 | Rs 99,180 |
Mumbai | Rs 90,650 | Rs 98,890 |
Hyderabad | Rs 90,790 | Rs 99,040 |
Patna | Rs 90,600 | Rs 98,840 |
Bangalore | Rs 90,720 | Rs 98,970 |
Ahmedabad | Rs 90,830 | Rs 99,090 |
Aizawl | Rs 91,070 | Rs 99,350 |
Kerala | Rs 90,920 | Rs 99,190 |