On April 22, 2025, gold prices in India reached unprecedented levels, with 24-karat gold surpassing ₹1,00,000 per 10 grams in several cities. This surge is attributed to global economic uncertainties, a weakening US dollar, and increased demand for safe-haven assets.
🟡 Gold Prices in Major Indian Cities (22 April 2025)
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) |
|---|---|---|
| Delhi | ₹1,00,000 | ₹93,050 |
| Mumbai | ₹1,00,000 | ₹92,950 |
| Chennai | ₹1,00,000 | ₹92,950 |
| Bangalore | ₹1,00,000 | ₹92,950 |
| Hyderabad | ₹1,00,000 | ₹92,900 |
| Kolkata | ₹1,00,000 | ₹92,950 |
| Ahmedabad | ₹1,00,000 | ₹92,950 |
| Jaipur | ₹1,00,000 | ₹92,950 |
| Lucknow | ₹1,00,000 | ₹92,950 |
| Bhopal | ₹1,00,000 | ₹92,950 |
Note: Prices are indicative and may vary based on local market conditions.
📈 Factors Influencing the Surge
- Global Economic Uncertainty: Ongoing geopolitical tensions and trade disputes have led investors to seek refuge in gold, driving up demand and prices.
- Weakened US Dollar: A declining dollar makes gold more attractive to investors holding other currencies, contributing to the price increase.
- Inflation Concerns: Rising inflation rates globally have prompted investors to turn to gold as a hedge against currency devaluation.
- Central Bank Policies: Accommodative monetary policies and low-interest rates have reduced the opportunity cost of holding non-yielding assets like gold.
🛍️ Impact on Consumers and Investors
- Jewelry Buyers: The steep rise in gold prices may deter consumers from purchasing gold jewelry, especially with upcoming festivals and wedding seasons.
- Investors: Those who invested in gold earlier are witnessing significant returns. However, new investors should exercise caution and consider market volatility.
- Importers: Higher gold prices can widen the trade deficit, impacting the country’s current account balance.
🧾 Disclaimer
The gold prices mentioned are based on available data as of April 22, 2025. Prices are subject to change due to market fluctuations. Investors and consumers are advised to consult with financial advisors or local jewelers before making purchasing or investment decisions.
