Gold Price Today: Gold futures contract for June 5 on the MCX opened higher on Friday following a spike in global bullion prices driven on by safe-have purchasing amid growing trade war worries. Starting higher at Rs 92,493 per 10 kilos compared to its previous close of Rs 92,033, the MCX gold prices surged to a record high of 93,736. MCX silver began at Rs 92,000 following closing at Rs 91,595.
MCX gold futures was up 1.61%, or Rs 1,485, at 93,518 at 9:10 AM; MCX silver was up 0.82%, or ₹755, at 92,350 kg. It stood at Rs 93,394, up 1.48% around 11:02 am.
Friday’s gold prices on the world market peaked after surpassing the critical $3,200 per ounce milestone for the first time.
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Spot gold pricing climbed 1.3% at $3,216.48 an ounce. Following an all-time high of $3,219.73 earlier in the session, bullion exceeded 5% for the week. US gold futures rising 1.9% at $3,236.00
Price of Gold Today in India
In keeping with the future market, the gold rate also shot high in the domestic retail sector. Good returns dictate that the 22k gold price in India is Rs 87,450 for 10 kilos. For 24k gold, one pays Rs 95,400 per 10 grams; the rate of gold for 18k purity is Rs 71,550 per 10 grams.
Some FAQ’S On Gold Price Today
Why is on April 11 gold reaching a record high?
The mix of elements including global economic uncertainties, inflation worries, geopolitical tensions, and rising demand for safe-haven assets is driving gold prices up. Additionally driving gold price increases might be a declining US currency or anticipation of interest rate reductions.
The gold price on MCX right now?
Early activity today revealed gold reaching a new high on the Multi Commodity Exchange (MCX). As prices vary during the day, you would need to review the most recent MCX or retail market data for accurate rates per 10 grams of 22K or 24K gold.
The difference between 22K and 24K gold is what?
Usually used for investment uses like coins and bars, 24K gold is pure gold (99.9%), softer.
Commonly used in jewelry, 22K gold is 91.6% pure, combined with minute amounts of other metals to increase durability.
In Delhi, Chennai, Kolkata, and Mumbai today, how much gold is?
The answer is that local taxes, demand, and shipping expenses affect the somewhat different gold pricing among cities. Gold from 22K and 24K is trading at record highs on April 11, 2025. For real-time information, see official jeweler websites or reputable financial portals at city-wise levels.
Is now a good moment to make gold purchases?
Rising costs might not discourage your choice whether you are purchasing gold as a hedge against inflation or for long-term investment. If you are seeking quick profits, though, you could be better off waiting and tracking pricing patterns. Your buying timing will rely on your goal and perspective on the market.
Why do Indian city to city variations in the price of gold?
Local taxes, transportation expenses, state-wise import levies, and regional demand-supply dynamics all influence gold pricing. Although MCX offers a baseline, in locations like Delhi, Chennai, Kolkata, or Mumbai the final retail pricing incorporates these other considerations.
What are the key global and domestic factors influencing gold prices in India right now?
Answer:-
Gold price Today in India are influenced by both global and domestic factors. On the global front, rising geopolitical tensions, fears of a global economic slowdown, and expectations of interest rate cuts by major central banks (like the US Federal Reserve) are pushing investors toward safe-haven assets like gold. A weakening US dollar also makes gold more attractive globally.
Domestically, factors such as the Indian rupee’s exchange rate against the dollar, import duties, seasonal demand (weddings and festivals), and inflation trends play a major role. When the rupee weakens, imported gold becomes more expensive, driving prices higher. Additionally, high inflation increases demand for gold as a hedge, further pushing up prices.
Together, these factors are contributing to the record-high gold prices being seen across major Indian cities on April 11.
