Gold price today remained steady in India after hitting all time high on April 1, 2025 amid rising safe-haven demand due to Donald Trump’s new reciprocal tariff that he will impose on world trading partners. 24k gold price today stood at Rs 92,840/10 grams and 24k/100 grams yellow metal prices are retailing at Rs 9,28,400 on Wednesday. 22k gold price today remained steady at Rs 85,100 and 22k/100 grams gold rate stood at Rs 8,51,000 after prices hit all time on April 1, 2025.
Gold prices witnessed unprecedented rally in last few days amid several factors that included Trump’s tariff implications, decline in dollar index, central bank purchase, and geopolitical tensions, among others. Gold prices have already gained 19.02% from January 1, 2025 to April 2, 2025.
Meanwhile, 18k gold prices are hovering at all time of Rs 69,630/10 grams and 18k/100 grams yellow metal prices stood at Rs 6,96,300 as prices remained unchanged on April 2, 2025.
Spot Gold Prices Today
Spot gold surged 0.1% at $3,113.24 an ounce as of 0710 GMT. Yellow metal touched an all-time high of $3,148.88 on Tuesday. Spot silver declined 0.3% to $33.63 an ounce, platinum fell 0.5% to $974.90, and palladium declined 0.3% to $980.67, according to Reuters.
Why Gold Prices Have Been Rising Sharply?
According to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd, several factors emerged as the key triggers that are supporting the yellow metal prices. These include “geopolitical support: US-Iran tensions in highlights, Israel-Hamas conflicts despite ceasefire news. April 2nd event: President Trump has promised “liberation day” on April 2nd with tariffs targeting countries that have persistent trade gaps with US. If these announcements are not as agressive as expected it could weigh on bullions. Overall trend remains positive, but caution is advised until clarity on Trump tariff’s and Fed rates emerges.”
Will Gold Scale New High Soon?
The Reuters report added, “The market could test $3,400/oz over the next 9 months in a bull case scenario,” said Aakash Doshi, global head of gold strategy at State Street Global Advisors.
“The main reason for these successive record highs has been safe-haven buying, and the geopolitical uncertainty underpinning this shows no sign of letting up,” said Philip Newman, managing director of Metals Focus.
22k Gold Price In Last 5-Days In India (for 1 gram)
1 gram of 22k gold price in India today remained unchanged, zoomed by Rs 85 on April 1, surged by Rs 65 on March 31, remained flat on March 30, and rose by Rs 20 on March 29.
Silver Prices Today In India
Silver prices in India on April 2 stayed flat. 1 kg silver price today stood at Rs 1,05,000. While, 100 grams silver prices remained unchanged at Rs 10,500.
Silver Prices In Last 5-Days In India (1kg)
Silver prices today on April 2 remained steady, jumped by Rs 1000 on April 1, stayed unchanged on March 31 and March 30, and fell by Rs 1000 on March 29.
Where Gold Prices Are Cheapest In World On March 29, 2025?
22 carat per gram gold rates stood cheapest in England on April 2, 2025 at Rs 7,873. On the other hand, 22k per gram yellow metal prices remained highest in Nepal on April 02 at Rs 8,822.
1 Gram Gold Rate In Key Metro Cities And States Of India On April 2, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 8,510 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,510 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,525 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 8,510 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,510 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 8,510 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 8,510 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 8,525 |
| Patna Gold Rate Today | 22k precious metal price is Rs 8,515 |
(Gold price figures source: Goodreturns.in)
Disclaimer: The story highlights gold prices and should not be considered an investment advice by Moneydaily.in or the author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult an expert before making any investment decisions.
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