Gold rate today: Gold prices cross Rs 1 lakh in physical market
April 22, 2025 - PatialaPolitics
Gold rate today: Gold prices cross Rs 1 lakh in physical market
Gold prices in the retail market of Delhi surged to a historic high of ₹1 lakh per 10 grams on Tuesday, driven by strong safe-haven and investment demand for the yellow metal.
On the Multi Commodity Exchange (MCX), gold prices breached the ₹99,000 mark for the first time, mirroring the rally in international bullion prices. Weakened risk appetite among investors further bolstered the demand for gold as a safe-haven asset.
Gold holds immense cultural importance in India and is an active part of the festivals, weddings, and other celebrations. After hitting its lowest in the second week of April, gold has started to pick up its price, with 22K gold crossing the ₹9,000 mark for the first time. Today, gold prices have increased significantly by ₹149.90 and ₹164.90 for 24K gold across major Indian cities. While the price hike comes as good news for those who have invested in gold as a financial asset, it puts a strain on those looking to buy gold in the upcoming festive season, especially with Akshaya Tritiya around the corner.
Today’s 18, 22 and 24 Carat Gold Prices in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: Today, gold prices have increased significantly by ₹149.90 and ₹164.90 for 24K gold across major Indian cities.
Gold holds immense cultural importance in India and is an active part of the festivals, weddings, and other celebrations. After hitting its lowest in the second week of April, gold has started to pick up its price, with 22K gold crossing the ₹9,000 mark for the first time. Today, gold prices have increased significantly by ₹149.90 and ₹164.90 for 24K gold across major Indian cities. While the price hike comes as good news for those who have invested in gold as a financial asset, it puts a strain on those looking to buy gold in the upcoming festive season, especially with Akshaya Tritiya around the corner.