On April 8, 2025, global market fluctuations have driven a rise in the prices of gold and silver, as investors seek safe-haven options amidst geopolitical tensions and fears of a global trade war. Here’s a breakdown of gold and silver prices in various major cities in India:
Gold and Silver Prices in Major Indian Cities
Mumbai
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Gold (24-carat): ₹87,460 per 10 grams
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MCX Gold Rate: ₹87,533 per 10 grams
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Silver (Bullion): ₹89,180 per kg
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MCX Silver Rate: ₹89,033 per kg
Chennai
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Gold (24-carat): ₹87,720 per 10 grams
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MCX Gold Rate: ₹87,533 per 10 grams
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Silver (Bullion): ₹89,440 per kg
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MCX Silver Rate: ₹89,033 per kg
Bengaluru
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Gold (24-carat): ₹87,530 per 10 grams
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MCX Gold Rate: ₹87,533 per 10 grams
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Silver (Bullion): ₹89,250 per kg
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MCX Silver Rate: ₹89,033 per kg
New Delhi
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Gold (24-carat): ₹87,310 per 10 grams
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MCX Gold Rate: ₹87,533 per 10 grams
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Silver (Bullion): ₹89,030 per kg
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MCX Silver Rate: ₹89,033 per kg
Kolkata
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Gold (24-carat): ₹87,350 per 10 grams
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MCX Gold Rate: ₹87,533 per 10 grams
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Silver (Bullion): ₹89,060 per kg
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MCX Silver Rate: ₹89,033 per kg
Hyderabad
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Gold (24-carat): ₹87,600 per 10 grams
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MCX Gold Rate: ₹87,533 per 10 grams
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Silver (Bullion): ₹89,320 per kg
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MCX Silver Rate: ₹89,033 per kg
Market Overview
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MCX Gold Prices: ₹87,533 per 10 grams, up by ₹600 (0.70% increase).
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MCX Silver Prices: ₹89,033 per kg, up by ₹785 (0.89% increase).
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The surge in gold and silver prices is attributed to rising geopolitical uncertainties and economic instability, particularly fears of a global trade conflict stemming from U.S. policies.
These price increases reflect the market’s response to the uncertainties surrounding the global economy and the increasing demand for precious metals as a store of value.
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