Gold Price Today in India: 24K Gold Soars Again, Silver Crosses ₹1 Lakh Mark

For the fourth consecutive day, gold prices in India have surged, with rates climbing steadily across major cities. The upward trend in both gold and silver prices has grabbed the attention of investors and consumers alike, especially with 24K gold prices witnessing a substantial hike and silver touching the ₹1,00,000 mark per kilogram.
Gold Prices Continue to Climb
In the bullion market today, the price of 22K gold per gram rose by ₹25. This comes after yesterday’s spike of ₹185 per gram on April 11. The latest prices reflect strong bullish sentiment among traders and market participants.
As of April 12, the rate of 22K gold per 10 grams now stands at ₹87,850, which is ₹250 more than the previous day. Similarly, the price for 100 grams of 22K gold is now ₹8,78,500 — a jump of ₹2,500 compared to April 11 when it was ₹8,76,000.
City-Wise Gold Rates (22K per 1 Gram)
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Delhi, Lucknow, Kanpur: ₹8,785
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Patna, Ahmedabad: ₹8,775
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Pune, Kolkata: ₹8,770
These city-wise differences reflect slight regional price variations based on local demand and taxes.
24K Gold Prices See a Bigger Surge
Investors dealing in 24K gold, which is considered the purest form of gold used in coins and bars, saw a steeper rise in rates. The price has surged by ₹270 per 10 grams today.
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24K gold per 10 grams: ₹95,820 (up from ₹95,550 yesterday)
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24K gold per 100 grams: ₹9,58,200 (up from ₹9,55,500)
In Lucknow, Kanpur, and Jaipur, the price per gram of 24K gold now stands at ₹9,582. Meanwhile, Pune and Kolkata are slightly lower at ₹9,567 per gram.
18K Gold Also Joins the Rally
Even 18K gold, popular among buyers looking for affordable jewelry options, has seen a jump.
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18K gold per 10 grams: ₹71,880 (up by ₹200)
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18K gold per 100 grams: ₹7,18,800 (up by ₹2,000)
Just a day ago on April 11, the price for 10 grams was ₹71,680.
Silver Prices Hit New Highs
Silver prices have not been left behind in this rally. Today, the price of 10 grams of silver has reached ₹1,000. More notably, the rate for 1 kilogram of silver has hit an all-time high of ₹1,00,000.
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100 grams of silver is now priced at ₹10,000 (up ₹290 from the previous rate)
This hike is being observed across major Indian cities including Delhi, Lucknow, and Jaipur, where 100 grams of silver is now uniformly priced at ₹10,000.
What’s Fueling the Surge?
Analysts point to multiple factors contributing to the steady rise in precious metal prices. These include:
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Global economic uncertainty
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High demand in the domestic jewelry market
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Fluctuations in the US dollar and interest rates
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Festive and wedding season purchases boosting demand
Outlook for Buyers and Investors
With prices of gold and silver continuing their upward trajectory, investors might view this as a solid hedge against inflation. However, buyers looking to make jewelry purchases may feel the pinch as the rates inch higher each day.
Experts advise tracking global cues and staying updated with daily price trends before making bulk purchases.