There is a continuously increasing trend in gold prices in the country. On the morning of April 9, the price of 24-carat gold reached ₹153,980 per 10 grams in the national capital Delhi. In Mumbai, this rate is ₹153,830 per 10 grams. Just a day earlier, gold prices in Delhi’s bullion market had jumped by a massive ₹3,200—or 2.09 per cent—taking the price to ₹156,400 per 10 grams. The possibility of a ceasefire between the United States and Iran is a major reason for this surge in bullion prices. In the international market, the spot price of gold is currently trading at $4,803.33 per ounce. At the domestic level, gold and silver prices are influenced by both domestic and global factors.
Gold rates in major cities of the country
**Gold Price in Delhi:** In Delhi, the price of 24-carat gold is ₹153,980 per 10 grams, while the rate of 22-carat gold is ₹141,160 per 10 grams.
**Mumbai and Kolkata:** Currently, the price of 22-carat gold in Mumbai and Kolkata is ₹141,010 per 10 grams, while the price of 24-carat gold is ₹153,830 per 10 grams.
**Gold Price in Chennai:** The 24-carat gold rate is ₹154,920 per 10 grams, and the 22-carat gold rate is ₹142,010 per 10 grams.
**Prices in Pune and Bengaluru:** In both these cities, the price of 24-carat gold is ₹153,830 per 10 grams, and the price of 22-carat gold is ₹141,010 per 10 grams.
price of silver
Silver—another precious metal—is also seeing a rise in prices. On the morning of April 9, the price rose to ₹260,100 per kg. The previous day, in the Delhi bullion market, silver prices rose by ₹11,000—or about 5 per cent—to ₹251,000 per kg. In the international market, the spot price of silver is $77.33 per ounce. In January this year, the price of silver in the country had crossed the ₹400,000 mark.