KKN Gurugram Desk | On April 12, 2025, gold and silver prices have reached unprecedented levels, reflecting a global trend influenced by economic uncertainties and geopolitical tensions. This article provides a detailed analysis of the current precious metal rates across major Indian cities and explores the factors contributing to this surge.
Article Contents
Current Gold and Silver Rates in Major Indian Cities
Gold Prices
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Delhi, Jaipur, Lucknow, Chandigarh: ₹95,820 per 10 grams (24K)
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Mumbai, Hyderabad, Bengaluru, Chennai: ₹95,670 per 10 grams (24K)
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Bhopal, Indore: ₹95,410 per 10 grams (24K)
Silver Prices
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Delhi, Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai: ₹100,000 per kilogram
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Chennai, Madurai, Hyderabad, Kerala: ₹110,000 per kilogram
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Bhopal, Indore: ₹100,000 per kilogram
Gold and Silver Rates in Jharkhand
Gold Prices
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Ranchi, Bokaro, Jamshedpur, Dhanbad, Deoghar: ₹85,300 per 10 grams (22K)
Silver Prices
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Bokaro: ₹96,894 per kilogram
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Deoghar: Approximately ₹108,000 per kilogram
The surge in gold and silver prices is attributed to several global factors:
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Trade Tensions: Escalating trade disputes, particularly between the U.S. and China, have led investors to seek safe-haven assets like gold.
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Currency Fluctuations: A weakening U.S. dollar has made gold more attractive to investors worldwide.
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Central Bank Policies: Increased gold purchases by central banks have contributed to higher demand.
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Inflation Concerns: Rising inflation rates have prompted investors to hedge against potential economic downturns by investing in precious metals.
Investment Considerations
Investors considering gold and silver should be aware of the following:
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Purity Verification: Ensure the authenticity of gold by checking for BIS hallmarking.
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Market Volatility: Precious metal prices can be volatile; it’s essential to stay informed about market trends.
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Long-Term Perspective: While current prices are high, a long-term investment strategy may yield better returns.
The current surge in gold and silver prices reflects a complex interplay of global economic factors. Investors and consumers should exercise caution and conduct thorough research before making purchasing decisions.
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