Gold price today declined for 3rd session in a row as Sensex plummeted by massive 3052.2 points or 4.05% to 72,312 on fears of global recession due to rising trade war. 24k gold price today slipped by Rs 280 to Rs 90,380/10 grams and 24k/100 grams yellow metal edged lower by Rs 2,800 to Rs 9,03,800 on Monday. 22k gold price today slid by Rs 250 to Rs 82,850/10 grams and 22k/100 grams precious metal rates declined by Rs 2,500 to Rs 8,28,500 on April 7, 2025.
Meanwhile 18k gold rate today dived by Rs 200 to settle at Rs 67,790/10 grams and 18k/100 grams yellow metal dipped by Rs 2,000 to retail at Rs 6,77,900. 24k per gram gold price stood at Rs 9,038 after fall of Rs 28, 22k per gram yellow metal is retailing at Rs 8,285 after dip of Rs 25, and 18k per gram gold is hovering at Rs 6,779 after plunge of Rs 20.
How Much Gold Prices Declined Since April 3 to April 7, 2025?
22K/10 grams gold rate stood at Rs 85,600 on April 3, 2025 after gain of Rs 500. The following three days witnessed gold prices only plunging. Today 22k/10 grams gold is selling at Rs 82,850, indicating a decline of 3.21% in just 3-days span.
How Much Yellow Metal Rallied Since January 1, 2025?
22K/10 grams gold prices stood at Rs 71,500 on January 1, 2025. Today, 22k/10 grams yellow metal is hovering at 82,850, reflecting a gain of 15.87% year-to-date.
Spot Gold Prices Today
Spot gold slipped 0.1% at $3,034.02 an ounce, as of 0537 GMT. Earlier, yellow metal fell over 1% to its lowest point since March 13. Spot silver zoomed 2% to $30.13 an ounce, after touching its lowest level in approximately 7-months. Spot platinum zoomed 1% to $926.09, palladium gained approximately 1% to $919.50, 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 by Rs 25, remained stable on April 6, fell by Rs 90 on April 5, plunged by Rs 160 on April 4, and jumped by Rs 50 on April 3.
Why Gold Prices Slipped Today?
The Reuters report added, the decline in gold, usually a safe-haven asset during uncertain times, made dealers speculate that investors might be selling off bullion to realize profits and potentially cover losses or margin calls on other assets.
Should We Invest In Gold After Recent Decline In Prices?
According to Mr. Gaurav Goel, (Entrepreneur and SEBI Registered Investment Advisor), “The fall in Gold prices recently is an outcome of Trump Trade Tariffs (TTT). These tariffs have created havoc globally across asset classes. Gold is no exception and has recently seen selling from the top by hedge funds. However, we expect the long-term trend of gold buying to continue as central banks will increase their exposure to the yellow metal replacing US treasuries. TTT may accelerate the process. While hedge funds may have to sell their gold assets further to maintain liquidity, buying from central banks will more than offset. We remain bullish on Gold in long term and advocate buying it in tranches.”
Silver Prices Today In India
Silver prices in India remained flat on April 7, 2025. Earlier, silver prices registered huge drop on Saturday when 1 kg silver rate dipped by Rs 5,000 in just 1-day. 1 kg silver price today stood steady at Rs 94,000. While, 100 grams silver rates remained flat at Rs 9,400.
Silver Prices In Last 5-Days In India (1kg)
Silver prices today remained steady, stayed unchanged on April 6, declined by Rs 5000 on April 5, slipped by Rs 4000 on April 4, and fell by Rs 2000 on April 3.
Where Gold Prices Are Cheapest In World On April 7, 2025?
22 carat per gram gold prices stood cheapest in England on April 7, 2025 at Rs 7,637 followed by Kuwait at Rs 7,802. On the other hand, 22k per gram gold prices stood highest in Nepal on April 7, 2025 at Rs 8,597.
1 Gram Gold Rate In Key Metro Cities And States Of India On April 7, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 8,285 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,285 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,300 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 8,285 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,285 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 8,285 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 8,285 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 8,300 |
| Patna Gold Rate Today | 22k precious metal price is Rs 8,290 |
(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.
Recommended: Gold Price India, April 5: 22k/100 Grams Gold Plunges By Rs 9K, Big Drop In Silver
Leave a Reply