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Gold prices in India surged nearly Rs 5,000 in 2 days amid the US-China trade war escalation. Check latest rates on April 11.
Latest gold prices in major cities across India today, April 11. (Image: Shutterstock)
Gold And Silver Rates Today in India: Gold Price Today: Yellow Metal Jumped nearly Rs 5,000 in 2 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. Gold is seen as a hedge against the volatility which is at the peak since Donald Trump’s announcement to impose new tariffs on several nations.
In Mumbai, the gold price at noon stood at Rs 87,450 per 10 gram for 22-carat and Rs 95,400 per 10 gram for 24-carat. On the other hand, silver saw a marginal gain of Rs 100 at noon.
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 11, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 87,600 | Rs 95,550 |
| Jaipur | Rs 87,600 | Rs 95,550 |
| Ahmedabad | Rs 87,500 | Rs 95,450 |
| Patna | Rs 87,500 | Rs 95,450 |
| Mumbai | Rs 87,450 | Rs 95,400 |
| Hyderabad | Rs 87,450 | Rs 95,400 |
| Chennai | Rs 87,450 | Rs 95,400 |
| Bengaluru | Rs 87,450 | Rs 95,400 |
| Kolkata | Rs 87,450 | Rs 95,400 |
Silver Price In India Today (April 10, 2025)
The price of silver also increased by Rs 100 to Rs 97,100 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.
