Gold Price Today : There was a record lead in gold this morning. The price of 10 grams of gold is Rs 2,000 more expensive than yesterday. Now, the rate of 10 grams of gold in the country is just Rs 1,00,000 away from the Rs 4,500 level. After last week’s decline in gold, gold is once again starting to hit a record high. In most cities of the country, the price of gold on Hanuman Jayanti is above Rs 95,500. Today the whole country is considered Hanuman Jayanti. The silver price stands at Rs 97,200. Find out the rate of gold and silver today Saturday 12th April 2025 here.
Silver Price Today
On Saturday 12 April 2025, the silver rate stood at Rs 97,100. The price of silver rose by Rs 100 today compared to yesterday.
Gold Rate in Delhi-Mumbai
On Saturday 12th April 2025, the price of 22-carat gold in Delhi stood at Rs 87,610 and 24-carat gold at Rs 95,560 per 10 grams. In Mumbai, 22-carat gold is trading at Rs 87,460 and 24-carat gold at Rs 95,410 per 10 grams.
City Name | 22 Carat Gold Price | 24 Carat Gold Price |
Delhi | 87,610 | 95,560 |
Chennai | 87,460 | 95,410 |
Mumbai | 87,460 | 95,410 |
Kolkata | 87,485 | 95,410 |
Hyderabad | 87,490 | 95,440 |
Jaipur | 87,610 | 95,560 |
Noida | 87,610 | 95,560 |
Ghaziabad | 87,610 | 95,560 |
Lucknow | 87,610 | 95,560 |
Bangalore | 87,460 | 95,410 |
Patna | 87,460 | 95,410 |
Why did Gold Rise Today?
The rising trade tensions and tariffs between the US and China led to lower gold prices some time ago. But now Gold is starting to become expensive again in the international market, which is also seen in India. Gold prices in India change every day, depending on the global rate, import duty, tax and rupee value. At present, the price of gold in the international market has dropped from around $3163 to $3100 per gram.
Will Gold go up to Rs 1 lakh?
Ryan McIntyre, senior portfolio manager at Sprott Asset Management, believes that global uncertainty stemming from heavy purchases by central banks and Trumps tariff policy is supporting gold prices. Collin Shah, MD, Kama jewelry, said that if the US Federal Reserve cuts interest rates twice this year, gold will reach Rs 1 lakh. In times of economic instability, gold remains in high demand as a safe investment.
Kishore Narne, commodity head, Motilal Oswal Financial Services, said there is no limit to gold prices. It can go up to $4,000-4,500 per ounce.
However, abhance Financial Services CEO Chintan Mehta has a slightly different view. The current bullish trend is an extension of the previous trend, not a new start, he said. They do not believe that gold will reach Rs 1 lakh, as most bullish factors have already joined the market.
How is the Price of Gold Decided?
The price of gold in India varies for several reasons, such as international market prices, government taxes and rupee price fluctuations. Gold is not just a source of investment, but also an important part of our traditions and festivals. Especially at the time of weddings and festivals, the demand for it increases.
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