Gold price today in Mumbai witnessed decline for 3rd consecutive day amid rising fears of impact of global trade war triggered by recent tariff announcements by US President Donald Trump. Speculations have been rife that US central bank is likely to declare an early rate cut in June amid rising risk of a recession in US. 24K gold rate in Mumbai stood at Rs 90,380/10 grams after fall of Rs 280 and 24k/100 grams gold price declined by Rs 2,800 to settle at Rs 9,03,800.
On the other hand, 22k gold price Mumbai are retailing at Rs 82,850/10 grams and 22k/100 grams gold rate declined by Rs 2,500 to Rs 8,28,500. 18k gold price today slipped by Rs 200 to Rs 67,790/10 grams and 18k/100 grams precious metal prices slid by Rs 2,000 to Rs 6,77,900.
Gold Price Today Delhi
Gold price Delhi also recorded decline for 3rd day today amid rising trade war fears sparked by latest tariff announcements by President Donald Trump. 24k gold price Delhi dipped by Rs 280 to Rs 90,530/10 grams and 24k/100 grams precious metal prices dived by Rs 2,800 to Rs 9,05,300 on April 7, 2025.
22k gold price today in Delhi edged lower by Rs 250 to Rs 83,000/10 grams and 22k/100 grams gold rate today eased by Rs 2,500 to Rs 8,30,000. 18k yellow metal prices fell by Rs 210 to Rs 67,910/10 grams and 18k/100 grams precious metal rates are hovering at Rs 6,79,100 after falling by Rs 2,100.
How Much Gold Prices Declined Since April 3 to April 7, 2025 In India?
22K/10 grams gold rate was retailing at Rs 85,600 on April 3, 2025 after rally of Rs 500. Gold prices declined on April 4, 5, and April 7. Today 22k/10 grams gold price came down to Rs 82,850, reflecting a fall of 3.21% from April 3 to April 7, 2025.
How Much Yellow Metal Rallied Since January 1, 2025?
22K/10 grams gold prices was retailing at Rs 71,500 on January 1, 2025 in India. Today, 22k/10 grams yellow metal ended at Rs 82,850, indicating a jump of 15.87% year-to-date.
Will Gold Price Fall Any Further?
According to Anuj Gupta, head of commodities and currency products at HDFC Securities, “For this week, international gold prices may come down to $3,000 per troy ounce, and MCX Gold may touch Rs 87,000 per 10 grams. Trump tariff, weaker demand and margin calls in the equity market may keep gold prices under pressure in the near term.”
Meanwhile, Jateen Trivedi, VP Research Analyst – Commodity and Currency at LKP Securities, said, US CPI data will play key role in shaping rate cut expectations, which could influence gold’s direction globally. RBI policy meeting later this week will be closely watched domestically, as rupee volatility is likely to add another layer of uncertainty for MCX Gold.
“Gold is expected to remain highly sensitive to global cues and currency movement, with the short-term trading range likely to stay between Rs 87,000 and Rs 90,000,” added Jateen Trivedi.
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.
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.
Where Gold Prices Are Cheapest In World On March 29, 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 |
| 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.
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