Gold price today recorded marginal fall on the auspicious occasion of Akshaya Tritiya amid stronger US dollar and declining trade conflicts as traders await crucial US data for more cues on Federal Reserve’s rate path. 24K gold price today slipped by Rs 60 to Rs 97,910/10 grams and 24k/100 grams gold rate today declined by Rs 600 to Rs 9,79, 100. 22k gold price today plunged by Rs 50 to Rs 89,750/10 grams and 22k/100 grams precious metal rates edged lower by Rs 500 to Rs 8,97,500 on April 30, 2025.
Meanwhile, 18k gold price today fell by Rs 40 to settle at Rs 73,440/10 grams and 18k/100 grams yellow metal rates slid by Rs 400 to Rs 7,34,400 on Wednesday. 24k per gram gold price today is retailing at Rs 9,791 after fall of Rs 6, 22k per gram yellow metal rate today stood at Rs 8,975 after dip of Rs 5, and 18k per gram yellow metal today is selling for Rs 7,344.
Spot Gold Price Today
Spot gold plunged 0.4% at $3,302.58 an ounce, as of 0430 GMT. U.S. gold futures dived 0.7% to $3,310.70. Spot silver edged lower 0.7% to $32.72 an ounce, platinum eased 0.6% to $971.75 and palladium shed 0.2% to $932.40, according to Reuters.
Should You Buy Gold On Akshya Tritiya?
This year gold prices recorded sharp rally and prices also crossed 1 lakh mark for the first time in history on April 22, 2025 when 24K/10 grams gold rate jumped to Rs 1,01,350/10 grams. 22k/10 grams gold prices stood at Rs 71,500 on January 1, 2025 and today rates surged to Rs 89,750/10 grams, showing a sharp rally of 25.52%since Jan 1, 2025 to April 30, 2025.
According to Dr Renisha Chainani, Head of Research at Augmont, “Over the last 20 years, gold has delivered approx.15% CAGR, which is quite robust, especially in comparison with many fixed-income instruments and even some equity segments during market volatility, ” adding that festive season can be an ideal opportunity to invest in precious metal.
Chainani stated that yellow metal likely to remain robust in near future amid global uncertainties and likelihood of interest rate cuts in the US. Meanwhile, there has been a rising demand for digital gold and investment-grade gold as a large number of investors switch to simple and transparent ways to buy precious metal.
Recently, there has been a rise in the popularity of gold mutual funds or exchange-traded funds (ETFs).
Meanwhile, Aksha Kamboj, Vice President of the Indian Bullion and Jewellers Association (IBJA) said, “In the current scenario of geopolitical tensions and currency fluctuations, gold continues to emerge as a reliable asset. While there might be a possibility of short-term price correction, the yellow metal will continue to remain a safe-haven asset.”
Why Gold Prices Declined Today?
According to Reuters’ report, there’s been a minor recovery in the broad dollar strength, which led to a little bit of retracement in gold, said Nicholas Frappell, global head of institutional markets, ABC Refinery.
“The PCE data is expected to show further moderation in prices and keep the door open for further Fed cuts. If we get an upside surprise, then those odds may diminish and that could weigh on gold prices,” Capital.com’s financial market analyst Kyle Rodda said.
22k Gold Price In Last 5-Days In India (for 1 gram)
22k per gram gold price today declined by Rs 5, zoomed by Rs 40 on April 29, plunged by Rs 62, stayed unchanged on April 27, and fell by Rs 3 on April 26.
Silver Prices Today In India
Silver prices today in India recorded decline. 1 kg silver prices on April 30, 2025 fell by Rs 500 to retail at Rs 100,000. On the other hand, 100 grams silver prices turned cheaper by Rs 50 to Rs 10,000 on Wednesday.
Silver Prices In Last 5-Days In India (1kg)
Silver prices today fell by Rs 500, remained steady on April 29, declined by Rs 1400 on April 28, stayed flat on April 27, and zoomed by Rs 1000 on April 26.
Where Gold Prices Are Lowest In World On April 30, 2025?
22k/gram gold rates are lowest in England on April 30, 2025 at Rs 8,360 followed by Kuwait at Rs 8,456. Meanwhile, 22k/gram gold prices are highest in Nepal on April 25, 2025 at Rs 9,318 followed by Malaysia at Rs 9,078.
1 Gram Gold Rate In Key Metro Cities And States Of India On April 30, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 8,975 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,975 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,990 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 8,975 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,975 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 8,975 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 8,975 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 8,990 |
| Patna Gold Rate Today | 22k precious metal price is Rs 8,980 |
(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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