Under dollar devaluation and anxiety about the tariff war, the futures gold contract touched a record high on Wednesday, April 16, 2025. Rising from the previous closing, the gold contract began at the Multi Commodity Exchange today at Rs 1,122 per 10 grammes. Later increasing 1.50% to reach an all-time high of Rs 94,850, it peaked at 11:20 am.
On foreign markets, Comex gold was selling for roughly $3,296.7 per troy ounce. Spot gold was selling for roughly $3,281.88 an ounce at 10:45 a.m.
Wednesday’s price of gold for various purity levels in the retail market changed noticeably. Goodreturn claims that whilst the prices of 22k gold in the retail sector in India is Rs 8,815 for 10 kilos, it is Rs 96,170 per 10 grams for 24k gold. Simultaneously, the prices for 18k gold in India nowadays is Rs 72,130.
One should always consider that the gold rate in the retail sector is changing daily tracking the world market and supply and demand. Therefore, before making a purchase, find out the most recent 22K/24k/18k gold price for your city.
Gold Rate Today In Delhi, Mumbai, Chennai, Kolkata And Other Cities
| City Name | 22 Karats Gold Price | 24 Karats Gold Price |
| Delhi | Rs 88,300 | Rs 96,320 |
| Mumbai | Rs 88,150 | Rs 96,170 |
| Ahmedabad | Rs 88,200 | Rs 96,220 |
| Bangalore | Rs 88,150 | Rs 96,170 |
| Chennai | Rs 88,150 | Rs 96,170 |
| Chandigarh | Rs 88,300 | Rs 96,320 |
| Hyderabad | Rs 88,150 | Rs 96,170 |
| Jaipur | Rs 88,300 | Rs 96,320 |
| Kolkata | Rs 88,150 | Rs 96,170 |
| Lucknow | Rs 88,300 | Rs 96,320 |
| Patna | Rs 88,200 | Rs 96,220 |
| Gurugram | Rs 88,300 | Rs 96,320 |
Some FAQ’S On Gold Price Today
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.
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