Gold and silver rates today, April 10: Gold prices in Delhi fell sharply on Wednesday, sliding below the Rs 91,000 mark amid less demand from jewellers and stockists. As per the All India Sarafa Association, the price of 99.9% pure gold fell by Rs 1,050 and was at Rs 90,200 per 10 grams. On Tuesday, the metal had closed at Rs 91.250.
Similarly, gold rate, with 99.5% purity, was down by Rs 1,050 and was priced at Rs 88,750 per 10 grams in comparison to Rs 90,800 the day earlier. On the other hand, silver prices today experienced gain. The shiny metal surged by Rs 500 and traded at Rs 93,200 per kilogram, up from Rs 92,700 on Tuesday.
At the international level, Gold prices went up over 1% on Thursday as investors turned to precious metals for safety after the US decision to increase tariffs on China, the world’s biggest consumer of metals. This decision fuelled more tension to the already intense trade conflict, even though the US has temporarily halted tariffs for other countries.
By 3:00 am, GMT, spot gold had climbed up to 1.2% to $3.119.18 an ounce. The day before, it had recorded its strongest performance since October 2023.
Saumil Gandhi, Senior Analyst at HDFC Securities, told PTI that gold surged past the $3,030 mark because of fresh concerns related to the global recession triggered by trade tensions.
Mumbai– Rs 9,044/GM 24 Carat
Delhi: Rs 9,059/GM 24 Carat
Kolkata: Rs 9,044/GM 24 Carat
Chennai: Rs 9,044/GM 24 Carat
Bhubaneswar: Rs 9,044/GM Carat
Kota: Rs 8,917/GM Carat
Varanasi: Rs 9,059/GM Carat
Gold: Rs 9,049 /GM Carat
Lucknow: Rs 9,059 /GM Carat
Amritsar: Rs 9,059/GM Carat
Srinagar: Rs 8,934/GM Carat
Patna: Rs 9,049 /GM Carat
(With inputs from Reuters and PTI)