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Gold Rate Today In India: Gold prices in India surged by Rs 5,000 in two days due to US-China trade tensions. Check latest gold rates in major metro cities – Chennai, Delhi, Mumbai, and Kolkata.
Gold price today in India: Gold continues to climb upward amid tariff turbulence.
Gold And Silver Rates Today in India: Gold Price continued its north climbing on Saturday, April 12, amid tariff jitters fueled by Donald Trump’s decision to impose 145 per cent tariff on China. Yellow Metal Jumped nearly Rs 5,000 in past two days Amid the escalation of trade war between US and China. On Friday, gold price surged over Rs 2,000 across India followed by Rs 2,940 jump on Thursday, making a cumulative jump of nearly Rs 5000.
In Mumbai, the gold price in the morning gained by Rs 250. The price stood at Rs 87,700 per 10 gram for 22-carat and Rs 95,670 per 10 gram for 24-carat. On the other hand, silver saw a huge jump of Rs 2,900 on Saturday.
According to traders, the gold prices primarily jumped due to safe-haven demand after the US hiked tariffs on China escalating the already heated trade war, despite a 90-day pause on tariffs for other countries.
The massive jump in bullion prices comes after the bullion prices recently declined due to profit booking.
US President Donald Trump said on Wednesday that he would raise the tariff on Chinese imports to 145%. The world’s two largest economies have engaged in a series of tit-for-tat tariffs over the past week. However, Trump decided to temporarily lower the hefty duties he recently imposed on several countries.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
Here’s a detailed breakdown of gold prices across key cities (April 12, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 87,850 | Rs 95,820 |
| Jaipur | Rs 87,850 | Rs 95,820 |
| Ahmedabad | Rs 87,750 | Rs 95,700 |
| Patna | Rs 87,750 | Rs 95,700 |
| Mumbai | Rs 87,700 | Rs 95,670 |
| Hyderabad | Rs 87,700 | Rs 95,670 |
| Chennai | Rs 87,700 | Rs 95,670 |
| Bengaluru | Rs 87,700 | Rs 95,670 |
| Kolkata | Rs 87,700 | Rs 95,670 |
Silver Price In India Today (April 12, 2025)
The price of silver also increased by almost Rs 3000 to Rs 1,00,000 per kg in Mumbai, according to goodreturns.in.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
