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Gold

Gold Prices in India Rise Amid Economic Uncertainty and Trump's Tariff Tensions

Strategic Insights

— 2 min read

The gold price in India continued its upward trend today, reaching an all-time high with the 24-karat gold price rising by Rs 16 per gram, 22-karat gold by Rs 15 per gram, and 18-karat gold by Rs 12 per gram. This increase is attributed to the growing economic uncertainty and tensions over Trump's tariffs, making gold an attractive investment option due to its inflation-hedging properties. The current price of gold in India is Rs 10,260 per gram for 24 karat, Rs 9,405 per gram for 22 karat, and Rs 7,695 per gram for 18 karat.

Key Takeaways:

  • The gold price in India has risen for the second time in a row, reaching an all-time high with 24-karat gold increasing by Rs 16 per gram, 22-karat gold by Rs 15 per gram, and 18-karat gold by Rs 12 per gram.
  • The rise in gold price is attributed to the growing economic uncertainty and tensions over Trump's tariffs, making gold an attractive investment option.
  • The current price of gold in India is Rs 10,260 per gram for 24 karat, Rs 9,405 per gram for 22 karat, and Rs 7,695 per gram for 18 karat.
  • Gold prices vary by city, with the 24-karat gold price ranging from Rs 10,260 in Chennai to Rs 10,275 in Delhi per gram.
  • The 22-karat gold price ranges from Rs 9,405 in Chennai to Rs 9,420 in Delhi per gram, while the 18-karat gold price ranges from Rs 7,695 in Mumbai to Rs 7,708 in Delhi per gram.
  • GoodReturns quoting the data, said 24 carat gold 10 grams now retail at Rs 1,02,600, 8 grams at Rs 82,080, 100 grams at Rs 10,26,000 and 1 gram at Rs 10,260 in the city.
  • The 22-karat gold price for 10 grams is now Rs 94,050, 8 grams Rs 75,240, 100 grams Rs 9,40,500, and 1 gram is selling at Rs 9,405,GoodReturns quoting the data.
  • The 18-karat gold price for 10 grams is now Rs 76,950, 8 grams Rs 61,560, 100 grams Rs 7,69,500, and 1 gram is selling at Rs 7,695 in the city.

Statistics:

  • The 24-karat gold price increased by Rs 16 per gram, 22-karat gold by Rs 15 per gram, and 18-karat gold by Rs 12 per gram.
  • The current price of 24-karat gold is Rs 10,260 per gram.
  • The current price of 22-karat gold is Rs 9,405 per gram.
  • The current price of 18-karat gold is Rs 7,695 per gram.
  • The price of 24-karat gold for 10 grams is Rs 1,02,600, 8 grams is Rs 82,080, 100 grams is Rs 10,26,000, and 1 gram is Rs 10,260 in the city.
  • The price of 22-karat gold for 10 grams is Rs 94,050, 8 grams is Rs 75,240, 100 grams is Rs 9,40,500, and 1 gram is Rs 9,405 in the city.
  • The price of 18-karat gold for 10 grams is Rs 76,950, 8 grams is Rs 61,560, 100 grams is Rs 7,69,500, and 1 gram is Rs 7,695 in the city.

Sources:

  • GoodReturns
  • IE Online Media Services Pvt. Ltd.
  • Contify.com

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