KKN Gurugram Desk | As of today, April 21, 2025, gold prices in India have witnessed a slight dip. The price of 24-carat gold has decreased by ₹10 in early trade, while silver prices have also fallen by ₹100. The current market scenario is being influenced by a mix of global economic factors, including trade tensions and concerns regarding a potential recession, leading investors to turn towards safe-haven assets like gold.

Gold Price Today: Key Updates in India

• Price of 24-Carat Gold: The price of ten grams of 24-carat gold has fallen by ₹10, trading at ₹97,570 according to the GoodReturns website.

• Price of 22-Carat Gold: The price of ten grams of 22-carat gold has declined by ₹10, now priced at ₹89,440.

• Silver Price: The price of one kilogram of silver has decreased by ₹100, with silver now trading at ₹99,900 in major markets like Delhi, Kolkata, and Mumbai, and ₹1,09,900 in Chennai.

In Delhi, the price of ten grams of 24-carat gold stood at ₹97,720, while the price for 22-carat gold was ₹89,590.

Gold Prices in Major Cities

The gold prices are the same in multiple cities across India, reflecting the overall market trend. Here’s a breakdown of how the prices are faring in some of the major cities:

• Delhi:

  • 24-Carat Gold: ₹97,720 per 10 grams

  • 22-Carat Gold: ₹89,590 per 10 grams

• Mumbai:

  • 24-Carat Gold: ₹97,570 per 10 grams

  • 22-Carat Gold: ₹89,440 per 10 grams

• Kolkata:

  • 24-Carat Gold: ₹97,570 per 10 grams

  • 22-Carat Gold: ₹89,440 per 10 grams

• Chennai:

  • 24-Carat Gold: ₹97,570 per 10 grams

  • 22-Carat Gold: ₹89,440 per 10 grams

• Bengaluru:

  • 22-Carat Gold: ₹89,440 per 10 grams

• Hyderabad:

  • 22-Carat Gold: ₹89,440 per 10 grams

As seen, gold prices for both 22-carat and 24-carat varieties are consistent across cities like Mumbai, Kolkata, Chennai, Bengaluru, and Hyderabad, with minor fluctuations in the Delhi market.

Factors Influencing the Current Gold and Silver Prices

Gold and silver prices are greatly influenced by both domestic and global economic conditions. Recently, concerns regarding the global economy, particularly trade tensions between the United States and key trading partners, have pushed investors towards gold, a safer asset during times of uncertainty.

• US Dollar Weakness: The price of gold in the US hit a record high as the US dollar weakened to a three-year low. This decline in the dollar’s value has driven investors to seek the stability of gold.

• Global Trade War Fears: Rising concerns about trade wars between the US and other major economies, such as China and the European Union, have intensified fears of a potential recession. In such a scenario, gold remains a preferred investment choice.

These global economic factors play a significant role in shaping the price of gold and silver in India. Investors are increasingly looking at gold as a safe-haven asset to protect their wealth amid volatile financial markets and geopolitical concerns.

Current Price of Silver in India

• Silver in Delhi, Kolkata, and Mumbai: The price of one kilogram of silver stands at ₹99,900.

• Silver in Chennai: The price of one kilogram of silver in Chennai is priced at ₹1,09,900.

The fluctuation in silver prices mirrors those of gold, with silver also facing downward pressure today due to global market conditions and investor sentiment. Silver, often considered a secondary precious metal, also benefits from similar economic factors that influence gold prices, such as currency fluctuations and trade tensions.

Gold Price Trends and Predictions

Gold is widely regarded as a hedge against inflation and economic instability. Given the current global economic climate, experts predict that gold prices could continue to rise as long as trade tensions persist and the global economy remains uncertain.

• Short-Term Trends: In the short term, gold prices are expected to remain volatile, with fluctuations likely in response to any updates regarding trade negotiations or macroeconomic reports.

• Long-Term Outlook: Over the long term, the price of gold is likely to increase further as demand for safe-haven assets rises in the face of ongoing global risks. Investors are expected to continue flocking to gold, particularly in times of economic uncertainty.

Gold also performs well during periods of inflation and political instability, which makes it a favored investment for risk-averse investors looking for stable returns over time.

Gold Price Analysis in the US Market

In addition to the domestic gold prices, the price of gold in international markets also significantly impacts the prices in India. As mentioned earlier, gold prices in the US hit an all-time high recently, driven by a decline in the value of the US dollar. This rise in gold prices was largely attributed to ongoing trade tensions, which are contributing to a heightened sense of uncertainty in global financial markets.

• US Dollar Decline: The weakening of the US dollar has made gold more attractive to international investors, pushing its prices higher.

• Global Investment Flows: The global flow of investment into gold is likely to continue if the economic conditions worsen, further supporting the demand for gold as a secure asset.

How to Invest in Gold in India

For those looking to invest in gold, there are several options available in India. Some of the most popular methods include:

1. Gold Jewelry: The most traditional form of investing in gold. Many Indians buy gold jewelry as both an investment and a cultural practice.

2. Gold Coins and Bars: Gold coins and bars are a good option for those looking for a more secure form of investment. These can be purchased from banks or authorized dealers.

3. Gold ETFs (Exchange-Traded Funds): Gold ETFs are another popular way to invest in gold. These are essentially mutual funds that invest in gold bullion, and they offer the flexibility of trading on the stock market.

4. Sovereign Gold Bonds: Issued by the Indian government, these bonds offer a fixed interest rate along with the price appreciation of gold.

Each investment method comes with its own set of benefits and risks, so investors should choose based on their financial goals and risk tolerance.

As we progress through 2025, the price of gold is likely to remain volatile due to global economic and geopolitical factors. The dip in 24-carat gold prices today reflects the ongoing fluctuations in the precious metals market, but gold is expected to remain a popular investment choice due to its historical status as a safe-haven asset. For silver, while it is not as widely sought after as gold, it continues to benefit from similar economic drivers and remains an attractive investment option for many.

Investors looking to invest in gold or silver should stay informed about the latest market trends and consult with financial advisors to make informed decisions. Given the current market conditions, both gold and silver present unique opportunities for wealth protection in uncertain times.