On April 22, 2025, gold prices in India surged to unprecedented levels, with 24-karat gold reaching ₹99,800 per 10 grams in Delhi. This significant rise of ₹1,650 from the previous day is attributed to a sharp rally in global markets and increased domestic demand ahead of Akshaya Tritiya on April 30. Business News TodayBusiness News Today+1Business News Today+1
The total cost for consumers, including Goods and Services Tax (GST) and making charges, has pushed the price of 10 grams of 24-karat gold beyond the ₹1 lakh mark. This milestone reflects the combined impact of global economic uncertainties and seasonal festive buying in India.Business News Today+1Business News Today+1
In Mumbai, the price of 24-karat gold stood at ₹98,330 per 10 grams, while 22-karat gold was priced at ₹93,650 per 10 grams. These rates indicate a consistent upward trend across major Indian cities, driven by both international market dynamics and local consumer behavior.Business News Today
The surge in gold prices is also influenced by geopolitical tensions and a weakening U.S. dollar, prompting investors to seek safe-haven assets like gold. Additionally, central banks’ continued gold purchases have further bolstered the metal’s value.
Source (full link):
https://www.moneycontrol.com/news/business/commodities/gold-price-today-april-22-yellow-metal-nears-rs-1-lakh-per-10-grams-check-rates-in-your-city-today-13000544.html
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