Gold Surges Above ₹91,400! See Today’s Prices in Delhi, Mumbai, Chennai & More
Gold Prices Today in Your City – April 3, 2025
Gold prices soared on April 3, following the announcement of sweeping tariffs by US President Donald Trump. The increased demand for gold as a safe-haven asset has driven prices to record highs. Let’s take a look at the latest gold and silver prices across major Indian cities.
Gold Prices Hit Record Highs
The Multi Commodity Exchange (MCX) gold prices opened at ₹91,230 per 10 grams, up from the previous close of ₹90,728. Gold prices surged to a fresh high of ₹91,423 shortly after the market opened. Meanwhile, MCX silver prices opened lower at ₹99,658 per kg, compared to the previous close of ₹99,753.
Gold & Silver Prices in India on April 3
As per the Indian Bullion Association (IBA) data at 9:40 AM:
- 24-carat gold price: ₹89,350 per 10 grams
- 22-carat gold price: ₹81,904 per 10 grams
- Silver price (999 Fine): ₹98,700 per kg
Let’s now check gold and silver prices across major Indian cities.
Gold and Silver Prices in Major Cities
New Delhi
- Gold Bullion Price: ₹89,030 per 10 grams
- MCX Gold Rate: ₹91,394 per 10 grams
- Silver Bullion Price: ₹99,830 per kg
- MCX Silver 999 Rate: ₹98,400 per kg
Mumbai
- Gold Bullion Price: ₹89,190 per 10 grams
- MCX Gold Rate: ₹91,394 per 10 grams
- Silver Bullion Price: ₹98,440 per kg
- MCX Silver 999 Rate: ₹98,459 per kg
Hyderabad
- Gold Bullion Price: ₹89,330 per 10 grams
- MCX Gold Rate: ₹91,394 per 10 grams
- Silver Bullion Price: ₹98,700 per kg
- MCX Silver 999 Rate: ₹98,459 per kg
Chennai
- Gold Bullion Price: ₹89,450 per 10 grams
- MCX Gold Rate: ₹91,394 per 10 grams
- Silver Bullion Price: ₹98,830 per kg
- MCX Silver 999 Rate: ₹98,459 per kg
Kolkata
- Gold Bullion Price: ₹89,070 per 10 grams
- MCX Gold Rate: ₹91,394 per 10 grams
- Silver Bullion Price: ₹98,300 per kg
- MCX Silver 999 Rate: ₹98,459 per kg
Bengaluru
- Gold Bullion Price: ₹89,260 per 10 grams
- MCX Gold Rate: ₹91,394 per 10 grams
- Silver Bullion Price: ₹98,510 per kg
- MCX Silver 999 Rate: ₹98,459 per kg
Why Are Gold Prices Rising?
Gold prices have surged due to multiple global economic factors, including:
- Trump’s Tariffs: The newly imposed US tariffs on major trading partners have caused uncertainty in global markets, pushing investors toward gold.
- Safe-Haven Demand: Gold is a traditional hedge against economic instability, making it more attractive during uncertain times.
- MCX Trends: The rise in gold prices on MCX indicates strong investor interest.
- Inflation & Interest Rate Speculations: Expectations of changes in global interest rates and inflation concerns are driving demand for gold.
What’s Next for Gold & Silver Prices?
With economic uncertainty rising, gold prices may continue their upward trend. Analysts are closely watching global market movements and the impact of Trump’s tariffs on the Indian economy.
If you’re planning to invest in gold or silver, now might be the right time to keep an eye on price movements
