On April 12, 2025, gold prices surged significantly in the Indian bullion market, marking the fourth consecutive day of increases. The price of 22-carat gold rose by 25 rupees per gram, reflecting a broader trend of rising prices as the market reacts to various economic factors.
On this day, the price of 22-carat gold reached 87,850 rupees for 10 grams, an increase of 250 rupees from the previous day. Notably, on April 11, 2025, the price had also seen a substantial rise, climbing by 185 rupees per gram. In comparison, the price of 24-carat gold increased by 270 rupees to 95,820 rupees per 10 grams, with a per gram price of 9,582 rupees in major cities like Lucknow, Kanpur, and Jaipur.
In addition to gold, silver prices also experienced a remarkable uptick. As of April 12, 2025, the price of silver reached 100,000 rupees per kilogram, marking a significant increase from previous days. The price of 10 grams of silver rose by 1,000 rupees to reach 10,000 rupees, a notable change that indicates a strong demand for precious metals.
On Hanuman Jayanti, a festival celebrated across India, the rising prices of gold and silver have captured the attention of buyers and investors alike. In cities like Delhi, Noida, Lucknow, and Jaipur, 24-carat gold was priced at 95,560 rupees per 10 grams, while 22-carat gold sold for 87,610 rupees per 10 grams.
In metropolitan areas, the prices varied slightly. In Mumbai, for instance, 22-carat gold was priced at 87,460 rupees, and 24-carat gold at 95,410 rupees per 10 grams. These variations are influenced by local market conditions and demand.
Gold prices had previously seen a decline due to escalating trade tensions and tariffs between the United States and China. However, recent trends indicate a recovery, with international gold prices also reflecting this upward trajectory. The international market saw prices decrease from approximately $3,163 to $3,100 per gram, which may have contributed to the fluctuating prices in India.
The pricing of gold in India is subject to various factors, including global market rates, import duties, taxes, and the value of the Indian rupee. As a result, gold prices can change daily, making it essential for buyers to stay informed about current rates.
For those looking to purchase gold or silver, understanding the purity levels is crucial. The purity of gold is indicated by its karat value. For instance, 24-carat gold is 99.9% pure, while 22-carat gold is about 91% pure, with other metals mixed in to enhance durability for jewelry making.
In Bhopal, the capital of Madhya Pradesh, the price of 1 gram of 22-carat gold was reported at 8,825 rupees, while 24-carat gold was priced at 9,266 rupees. In Indore, the prices were slightly higher, with 22-carat gold at 88,250 rupees per 10 grams and 24-carat gold at 92,660 rupees.
Silver prices in Bhopal also saw an increase, moving from 107,000 rupees per kilogram on Friday to 108,000 rupees on Saturday. In Indore, the price for silver reached 108,000 rupees per kilogram, with a per gram rate of 108 rupees.
The significant increase in gold and silver prices this week has prompted many to consider investing in these precious metals, especially as they are often seen as a safe haven during times of economic uncertainty.
As the market continues to evolve, it is clear that gold and silver will remain integral to both investment strategies and traditional celebrations across India. The demand for these metals, especially during festival seasons like Hanuman Jayanti, underscores their cultural and economic significance.
In summary, the rising gold and silver prices reflect a complex interplay of local and global economic factors, making it essential for consumers and investors to stay informed about market trends and pricing fluctuations.
