Today, the next day of Akshaya Tritiya, the shine of gold has faded a bit, and silver has also weakened. After a day of stability, both 24-carat and 22-carat gold prices fell by ₹10 per 10 gram in the capital Delhi today. The previous day, gold prices had remained stable; And a day before that—i.e. on April 19—the price of 24-carat gold had increased by ₹810 per 10 grams, while the price of 22-carat gold had increased by ₹750. Talking about silver, after a day of stability it has become cheaper in Delhi today, and its price has fallen by ₹ 100 per kg.
City 24 carat 10 gram gold price 22 carat 10 gram gold price 18 carat 10 gram gold price Delhi ₹1,55,920 ₹1,42,940 ₹1,16,980 Mumbai ₹1,55,770 ₹1,42,790 ₹1,16,830 Kolkata ₹1,55,770 ₹1,42,790 ₹1,16,830 Chennai ₹1,56,650 ₹1,43,590 ₹1,19,790 Bengaluru ₹1,55,770 ₹1,42,790 ₹1,16,830 Hyderabad ₹1,55,770 ₹1,42,790 ₹1,16,830 Lucknow ₹1,55,920 ₹1,42,940 ₹1,16,980 Patna ₹1,55,820 ₹1,42,840 ₹1,16,880 Jaipur ₹1,55,920 ₹1,42,940 ₹1,16,980 Ahmedabad ₹1,55,820 ₹1,42,840 ₹1,16,880
Gold prices according to cities
Let’s take a look at the prices of 10 grams of gold—including 18-karat, 22-karat and 24-karat purity—in 10 major cities of the country…
Silver falls after one day’s stability
Talking about silver, after one day of stability, weakness has been seen in this metal today. Earlier, on April 17, the price of one kilogram of silver had fallen by ₹5,000, but on April 18 it again increased by ₹10,000. Thereafter, prices remained stable on April 19—that is, Akshaya Tritiya. Talking about today, silver has become cheaper by ₹ 100 per kg in Delhi and is currently being sold at the price of ₹ 2,74,900. Silver is also being sold at the same price in other major metros like Mumbai and Kolkata. However, the price of one kilogram of silver in Chennai is ₹2,79,900—making it the most expensive among the four major metros.
What is the future of gold and silver prices?
With rising tensions in Middle East Asia and economic data being released from the world’s major economies, market trends will be determined – particularly whether the current bullish momentum in prices will continue, or a cooling down phase is in the offing. During the week starting April 20, traders will keep a close eye on crude oil prices and key US economic indicators. These indicators include retail sales figures, housing market data and reports on consumer sentiment. Apart from this, PMI data related to manufacturing and service sectors of America and Britain will also play an important role in determining the direction of the market.
