Gold prices held steady on Monday, April 14, 2025, following a dramatic surge to record highs driven by heightened concerns over tariffs. In Delhi, the price for 22-carat gold was pegged at Rs 87,840 per 10 grams, while 24-carat gold stood at Rs 95,810 per 10 grams. Meanwhile, silver prices struggled to maintain momentum, trading below Rs 1 lakh per kilogram.
Traders attributed the sharp rise in gold prices to increased safe-haven demand after the United States imposed additional tariffs on China, escalating an already tense trade war. This increase in tariffs followed a 90-day suspension of new tariff hikes on other countries, sparking a rush for gold as investors sought stability.
Despite recent declines in bullion prices due to profit-taking, gold futures for June 2025 showed a modest gain of 0.15%, trading at Rs 93,887 per 10 grams.
In the commodities market, crude oil futures for April 16, 2025, saw a significant jump, rising by 29.57% to trade at $109 per barrel.
Gold, particularly 24-carat, remains a preferred choice for buyers seeking premium purity, while 22-carat gold, known for its durability, continues to attract a wide range of investors and jewellery buyers. Its combination of elegance and practicality makes it a popular option.
Detailed Gold Price Breakdown Across Key Cities (April 14, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 87,840 | Rs 95,810 |
| Jaipur | Rs 87,840 | Rs 95,810 |
| Ahmedabad | Rs 87,740 | Rs 95,690 |
| Patna | Rs 87,740 | Rs 95,690 |
| Mumbai | Rs 87,690 | Rs 95,660 |
| Hyderabad | Rs 87,690 | Rs 95,660 |
| Chennai | Rs 87,690 | Rs 95,660 |
| Bengaluru | Rs 87,690 | Rs 95,660 |
| Kolkata | Rs 87,690 | Rs 95,660 |
Silver Price Update:
The price of silver remained weak, trading at around Rs 99,900 per kilogram in Mumbai.
Factors Influencing Gold Prices in India:
Gold prices in India are influenced by a combination of international market rates, import duties, taxes, and fluctuations in exchange rates. These elements collectively shape daily gold rates across the country.
Gold is not only a key investment asset in India but also plays a vital role in cultural practices, particularly during weddings and festivals. As market conditions change, traders and investors closely monitor gold price fluctuations to make informed decisions.
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