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Gold Price Holds Steady At Historic High In India, April 19: Should You Buy Gold?

Gold price today held steady in India as softer dollar and escalating US-China trade worries kept the yellow metal prices at historic high levels. 24k gold price today stood at Rs 97,580/10 grams and 24k/100 grams gold rate retailed at Rs 9,75,800 as prices remained unchanged today. Meanwhile, 22k gold price today stood unchanged as well at Rs 89,450/10 grams and 22k/100 grams precious metal rates are hovering at Rs 8,94,500 on Saturday.

On the other hand, 18k gold price today remained flat at Rs 73,190/10 grams and 18k/100 grams gold rate is Rs 7,31,900. Meanwhile, 24k per gram gold price is Rs 9,758, 22k per gram yellow metal rate is Rs 8,945, and 18k per gram precious metal prices stood at Rs 7,319.

Gold Price Holds Steady At Historic High In India, April 19: Should You Buy Gold?

Why Gold Prices Jumped To Record High Levels?

The rally in gold rates attributed to the rising safe haven demand as investors opt to take refuge in safe-haven asset amid the ongoing geopolitical uncertainties and rising potential of economic slowdown. US-China ongoing trade conflict also increased the appeal of yellow metal, significantly.

Should You Buy Gold As Prices Hover At Life-Time High?

Anuj Gupta, Head Commodity & Currency at HDFC Securities has suggested traders to buy yellow metal. He recommended investors to buy June gold futures at Rs 94,950 with a stop loss at Rs 94,600 and target of Rs 95,520. He has suggested to buy Silver May futures at Rs 94,800 with a stop loss at Rs 94,080 and target price of Rs 95,980.

The analyst added, yellow metal remains strongly supported due to weaker dollar, ambiguity around tariff declarations and worries around economic slowdown. Additionally, Federal Reserve’s Chair Gerome Powell’s speech on Wednesday suggested at slowing of the US economy and consumer spending growing modestly, could act as a positive trigger.

On the other hand, Rich Dad Poor Dad writer Robert Kiyosaki has even warned of greater depression scenario urged investors to “buy gold, silver, and Bitcoin.  Some of you have complained I repeat the same advice, over and over,” as he posted his thoughts on X.

Earlier, Navneet Damani, Group Sr. Vice President, Head Commodity & Currency Research, Motilal Oswal Financial Services too recommended buy call for yellow metal. The analyst said, “As central banks bolster their reserves and investors seek safety, we believe gold will remain a favoured asset. Barring any significant resolution in global trade tensions, we maintain a ‘buy on dips’ view from a medium to long-term perspective.”

Spot Gold Price Today

Spot gold slipped 0.8% to $3,317.87 an ounce as of 01:45 p.m. ET (1745 GMT), after hitting new high of $3,357.40 in the previous session. Yellow metal zoomed over 2% this week, Reuters reported.

Gold Prices Jumped 5.11% In 19-Day of April

Yellow metal prices stood at Rs 85,100/10 grams for 22k. Today, gold rates stood at Rs 89,450/10 grams, indicating a sharp gain of 5.11% in 19 days the ongoing month.

How Much Gold Prices Jumped From Jan 1, 2025 To April 19, 2025

Gold rates for 22k stood at Rs 71,500 on January 1, 2025. Today, 22k/10 grams yellow metal prices stood at Rs 89,450/10 grams. It suggests the yellow metal jumped 25.1% in a little over 3 and a half months of 2025.

22k Gold Price In Last 5-Days In India (for 1 gram)

22k per gram gold rate today held steady, zoomed by Rs 25 on April 18, gained Rs 105 on April 17, surged Rs 95 on April 16, and slipped Rs 35 on April 15.

Silver Prices Today In India

Silver prices in India on April 19 remained flat. 1 kg silver prices are retailing at Rs 100,000 on Saturday. Meanwhile, 100 grams silver rates stood at Rs 10,000 on April 19, 2025 as prices remained steady for 3-consecutive days.

Silver Prices In Last 5-Days In India (1kg)

Silver prices stood flat on April 19, 18 and 17, surged by Rs 200 on April 16, and plunged by Rs 100 on April 15.

Where Gold Prices Are Cheapest In World On April 19, 2025?

22k per gram gold prices remained cheapest in England on April 18, 2025 at Rs 8,407 followed by Kuwait at Rs 8,469. Meanwhile, 22k per gram gold rates turned out to be highest in Nepal on April 18, 2025 at Rs 9,397 followed by Malaysia at Rs 8994.

1 Gram Gold Rate In Key Metro Cities And States Of India On April 19, 2025

City 22k Gold Price Per Gram
Chennai Gold Price Today 22 carat gold rate is Rs 8,945
Mumbai Gold Price Today 22K gold price is Rs 8,945
Delhi Gold Rate Today 22K yellow metal price is Rs 8,960
Kolkata Gold Price Today 22 carat gold price is Rs 8,945
Bangalore Gold Price Today 22K gold rate is Rs 8,945
Hyderabad Gold Prices Today 22 carat gold rate is Rs 8,945
Kerala Gold Prices Today 22 carat gold rate is Rs 8,945
Gold Price In Lucknow Today 22 carat gold price is Rs 8,945
Patna Gold Rate Today 22k precious metal price is Rs 8,950

(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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