Gold price today witnessed sharpest decline so far this year as traders reevaluated the risk stance amid US President Donald Trump’s tariff measures that have escalated worries over economic slowdown. 24k gold price today declined by Rs 1,740 to Rs 91,640/10 grams and 24k/100 grams gold rates plunged steeply by Rs 17,400 to settle at Rs 9,16,400 on Friday. 22k gold price today slipped by Rs 1,600 to Rs 84,000/10 grams and 22k/100 grams precious metal prices edged lower by Rs 16,000 to Rs 8,40,000.
Meanwhile, 18k gold rate today slipped by Rs 1,310 to Rs 68,730/10 grams and 18k/100 grams yellow metal declined by Rs 13,100 on April 4, 2025. 24k per gram gold rate slid by Rs 174 to Rs 9,164, 22k per gram yellow metal rate fell by Rs 160 to Rs 8,400, and 18k per gram precious metal price slipped by Rs 131 to Rs 6,873.
How Much Gold Prices Rallied Since January 1, 2025?
22K/10 grams gold prices were retailing at Rs 71,500 on January 1, 2025. Today, 22k/10 grams yellow metal rates surged to Rs 84,000, indicating a gain of 17.48%.
On whether gold prices will register rally in coming days, Riya Singh – Research Analyst, Commodities and Currency, Emkay Global said, “As U.S. President Donald Trump’s trade policies stir turmoil in global markets, gold remains a pillar of strength. The precious metal has surged to record highs, crossing $3,150 per ounce, as economic concerns mount. Rising trade tensions, triggered by Trump’s aggressive tariff stance, have heightened financial instability, pushing investors toward gold as a shield against uncertainty. With fears of a looming recession and growing expectations of Federal Reserve rate cuts, demand for gold continues to climb.”
Additionally, central banks worldwide are steadily increasing their gold reserves, signaling a shift away from reliance on the U.S. dollar. This growing preference for gold reflects deepening concerns over geopolitical tensions and economic volatility. A weaker dollar, turbulent stock markets, and rising stagflation risks are likely to sustain gold’s strength. Key support stands at $3,095, with resistance at $3,185. On the MCX, gold finds support at Rs 90,000, with a potential dip toward Rs 88,000 if breached. Resistance is placed at Rs 91,800–92,000. In the short term, some profit-taking may emerge, but the broader outlook remains bullish, driven by persistent market uncertainty, added Riya Singh.
Spot Gold Prices Today
Spot gold fell 0.4% at $3,101.01 an ounce, as of 0710 GMT. Despite the fall, yellow metal is still on track for a fifth consecutive weekly gain amid rising safe-haven demand. Spot silver fell 1.5% to $31.4 an ounce, platinum edged lower by 0.8% to $944.80, and palladium remained unchanged at $928.33, according to Reuters.
22k Gold Price In Last 5-Days In India (for 1 gram)
1 gram of 22k gold price in India today fell steeply by Rs 160, surged by Rs 50 on April 3, stayed steady on April 2, rose by Rs 85 on April 1, and zoomed by Rs 65 on March 31.
Silver Prices Today In India
Silver prices in India recorded sharp decline on April 4, 2025. 1 kg silver price today plunged by Rs 4,000 to Rs 99,000. While, 100 grams silver prices fell by Rs 400 to retail at Rs 9,900.
Silver Prices In Last 5-Days In India (1kg)
Silver prices today slipped by Rs 4000, fell by Rs 2000 on April 3, stayed unchanged on April 2, zoomed by Rs 1000 on April 1, and remained flat on March 31.
Where Gold Prices Are Cheapest In World On March 29, 2025?
22 carat per gram gold prices remain cheapest in England on April 4, 2025 at Rs 7,798. On the other hand, 22k per gram gold in Nepal on April 04 is selling for Rs 8,709, most expensive globally.
1 Gram Gold Rate In Key Metro Cities And States Of India On April 4, 2025
| City | 22k Gold Price Per Gram |
| Gold Rate Today Chennai | 22 carat gold rate is Rs 8,400 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,400 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,415 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 8,400 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,400 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 8,400 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 8,400 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 8,415 |
| Patna Gold Rate Today | 22k precious metal price is Rs 8,405 |
(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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