Gold prices in India hit a record high of Rs 89,330 per 10 grams as of 10:20 a.m. on April 1, according to the India Bullion Association.
Here’s a breakdown of gold prices in different cities:
- In New Delhi: Rs 89,020 per 10 grams
- In Mumbai: Rs 89,170 per 10 grams
- In Kolkata: Rs 89,050 per 10 grams
- In Bengaluru: Rs 89,240 per 10 grams
- In Chennai: Rs 89,430 per 10 grams (the highest in the country)
The price of gold on the futures market is also at high levels. For example, the price of gold for June delivery is Rs 91,317 per 10 grams.
Earlier this month, gold prices reached a new record of Rs 91,950 in Delhi, as jewelry buyers increased their purchases ahead of the wedding season. The rise in gold prices is also due to increased tensions in the Middle East and concerns about the US economy, making gold a safe investment option.
Read More: Gold Prices Surge Above $3,100 Due to US Tariffs and Global Uncertainty
Global Gold Prices Today
Global gold prices are also at a record high, with the price standing at $3,137 per ounce, according to the World Gold Council. Gold prices crossed $3,000 an ounce for the first time on March 14. The rise is mainly driven by central banks buying more gold and ongoing global economic uncertainty.
Silver Prices Today
Silver is also seeing a price increase, with the current price standing at Rs 1,01,120 per kilogram. The growing demand for silver in industries like renewable energy and electronics is pushing prices higher.
