Gold prices have recently seen a huge decline, which has shocked investors and buyers. Gold has always been a safe investment and cultural significance in India. But the fall in gold prices in the first weeks of April 2025 shook the market. Let’s know the reasons behind this decline, fresh rates, and future possibilities.
Gold price today: observation table
| Details | Information |
| 24 carat gold price (10 grams) | ₹ 89,720 |
| 22 carat gold price (10 grams) | ₹ 82,240 |
| 18 carat gold price (10 grams) | ₹ 67,290 |
| Silver price (1 kg) | ₹ 94,000 |
| Decline | ₹ 150 per 10 grams |
| Main reason | Global economic uncertainty, dollar strength |
Why did the gold rate decline?
Gold prices depend on many factors, such as global economic status, dollar value, and balance of demand-supply. These are the main reasons behind the decline of this time:
- Dollar strength
Gold prices have been affected in the international market due to strong US dollar. When the dollar is strong, gold becomes expensive and its demand decreases. - Global economic uncertainty
Trade war between the US and China and the growing economic stress in Europe have removed investors from risky investment. This has affected gold prices. - Demand reduction
According to the World Gold Council, central banks have decided to reduce their gold reserve or keep it stable. This has reduced the demand in the market. - Increase in mining activities
In 2024, the mining profit increased to $ 950 an ounce. In addition, the global reserves have increased by 9% to 2,16,265 tonnes.
Fresh gold prices in today’s major cities
24 carat gold price (10 grams)
- Delhi: ₹ 89,870
- Mumbai: 989,720
- Chennai: ₹ 89,720
- Kolkata: ₹ 89,720
22 carat gold price (10 grams)
- Delhi: ₹ 82,390
- Mumbai: 2 82,240
- Chennai: ₹ 82,240
- Kolkata: ₹ 82,240
18 carat gold price (10 grams)
- Delhi: ₹ 67,410
- Mumbai: 7 67,290
- Chennai: ₹ 67,790
Fresh silver price
There has been no major change in silver prices. The price of 1 kg silver is as follows:
- Delhi: ₹ 94,000
- Mumbai: 94,000
- Chennai: ₹ 1,02,900
Prophecy: Will gold and cheaper be cheaper?
Experts believe that gold prices may fall further in the coming days. According to some reports:
- Gold can be cheaper to ₹ 56,000 per 10 grams.
- This decline may be mainly due to an increase in supply and decrease in demand.
However, some institutions believe that gold prices may rise again over the long term. Bank of America has predicted that gold can reach $ 3,500 per ounce.
Advice for investors
If you are an investor or planning to buy gold, then pay attention to these things:
- Take advantage of the decline: This can be a good purchase opportunity given the decline in the present time.
- Pay attention to long periods: Experts believe that gold prices may rise again in long periods.
- Keep an eye on demand and supply: Invest only by understanding the market status.
conclusion
The fall in gold prices has shook the market. However, this can also be an opportunity for investors. If you are thinking of buying or selling gold, then keep in mind the current rates and market trends.
Disclaimer:
This article is written only for the purpose of giving information. Please seek specialist advice before any investment decision.
