Gold Prices Update: April 13, 2025
By Sudeshna Ghoshal
Published: April 13, 2025, 06:56 AM IST
In the latest update on gold prices across major Indian cities, the market shows a slight upturn amidst ongoing global financial uncertainties. Investors continue to favor gold and silver as safe-haven assets, particularly in light of fluctuating tariff policies and overall market volatility.
Current Gold and Silver Prices
As of 6:26 AM on April 13, 2025, the Multi Commodity Exchange (MCX) reported gold prices at ₹93,887 per 10 grams, reflecting a modest increase of ₹142, or 0.15%. Silver prices also saw a slight rise, increasing by ₹14 to reach ₹94,300 per kg, marking a 0.02% change.
The Indian Bullion Association (IBA) reported separate prices, with 24-carat gold priced at ₹94,020 per 10 grams, while 22-carat gold was valued at ₹86,185 per 10 grams. Silver was reported at ₹94,300 per kg for 999 fine silver.
City-Wise Gold and Silver Prices
Here’s a closer look at the gold and silver prices in various major Indian cities:
New Delhi
- Gold Bullion Rate: ₹93,680/10 gm
- MCX Gold Rate: ₹93,887/10 gm
- Silver Bullion Rate: ₹94,330/kg
- MCX Silver Rate: ₹94,300/kg
Mumbai
- Gold Bullion Rate: ₹95,670/10 gm
- MCX Gold Rate: ₹95,670/10 gm
- Silver Bullion Rate: ₹94,490/kg
- MCX Silver Rate: ₹94,300/kg
Hyderabad
- Gold Bullion Rate: ₹93,990/10 gm
- MCX Gold Rate: ₹93,887/10 gm
- Silver Bullion Rate: ₹94,640/kg
- MCX Silver Rate: ₹94,300/kg
Chennai
- Gold Bullion Rate: ₹94,120/10 gm
- MCX Gold Rate: ₹92,090/10 gm
- Silver Bullion Rate: ₹94,760/kg
- MCX Silver Rate: ₹94,300/kg
Kolkata
- Gold Bullion Rate: ₹93,720/10 gm
- MCX Gold Rate: ₹93,887/10 gm
- Silver Bullion Rate: ₹94,360/kg
- MCX Silver Rate: ₹94,300/kg
Bengaluru
- Gold Bullion Rate: ₹93,920/10 gm
- MCX Gold Rate: ₹93,887/10 gm
- Silver Bullion Rate: ₹94,560/kg
- MCX Silver Rate: ₹94,300/kg
Context and Analysis
The recent fluctuations in gold prices can be attributed to broader economic concerns, including the ongoing impacts of U.S.-China trade tensions and a weakened U.S. dollar. In times of uncertainty, many investors tend to turn towards gold as a traditional safe-haven asset to protect their portfolios from market downturns.
Expert Notes
It is essential for potential investors to stay informed about these market trends and consider seeking advice from certified financial experts before making any investment decisions. The dynamics of the gold market can be intricate, influenced by global economic indicators, and thus vary significantly over short periods.
Investors are encouraged to check regularly for updated prices, and to monitor the economic climate closely as fluctuations in precious metals could present both risks and opportunities.
Stay updated with Smart Money Mindset for more insights into market trends and personal finance news.
Share this article:
