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On April 16, 2025, gold prices in India soared to new heights, reflecting global economic uncertainties and a surge in demand for safe-haven assets.
The following table provides a snapshot of gold rates across major Indian cities.
| City | Purity | Today (Rs) | Yesterday's price (Rs) |
|---|---|---|---|
| Delhi | 22K | 88,300 | 87,350 |
| Delhi | 24K | 96,320 | 95,330 |
| Mumbai | 22K | 88,150 | 87,200 |
| Mumbai | 24K | 96,170 | 95,180 |
| Chennai | 22K | 88,150 | 87,200 |
| Chennai | 24K | 96,170 | 95,180 |
| Kolkata | 22K | 88,150 | 87,200 |
| Kolkata | 24K | 96,170 | 95,180 |
| Bangalore | 22K | 88,150 | 87,200 |
| Bangalore | 24K | 96,170 | 95,180 |
| Hyderabad | 22K | 88,150 | 87,200 |
| Hyderabad | 24K | 96,170 | 95,180 |
Factors influencing the surge:
-
Global economic uncertainty:
Fluctuations in international markets and concerns over economic stability have driven investors toward gold as a secure investment.
-
Currency fluctuations:
A weakening of the Indian rupee against major currencies has made gold more expensive domestically.
- Increased demand: With the wedding season and Akshay Tritiya approaching, the demand for gold jewellery has risen, contributing to the price hike.
Understanding 22K vs 24K gold
-
Purity:
24K gold is 99.9 per cent pure, while 22K gold is approximately 91.6 per cent pure, mixed with other metals for added strength.
-
Usage:
Due to its softness, 24K gold is primarily used for investment purposes and ceremonial items. In contrast, 22K gold, being more durable, is commonly used in jewellery.
- Price: 24K gold commands a higher price due to its greater purity.
As global economic conditions remain volatile, gold continues to be a preferred asset for investors seeking stability
Explore these gold mutual funds in 2025
Investing in gold mutual funds is an effective way to gain exposure to gold price movements without the need to purchase physical gold. Here's a list of top-performing gold mutual funds based on our data:
| Funds | 3Y SIP return (per cent) | 5Y SIP return (per cent) | 10Y SIP return (per cent) |
|---|---|---|---|
| UTI Gold ETF | 28.99 | 20.40 | 15.64 |
| LIC MF Gold ETF | 28.80 | 20.55 | 15.89 |
| Invesco India Gold ETF | 28.66 | 20.34 | 15.73 |
| Aditya Birla Sun Life Gold Fund | 28.49 | 20.12 | 15.56 |
To learn more about gold mutual funds, check out our list of gold mutual funds .
Disclaimer: Please note that the gold prices mentioned in this article are indicative and may vary depending on the jeweller, location, and other factors. This article is for informational purposes only and should not be considered financial advice. This article was composed with the assistance of artificial intelligence. While we've taught our digital scribe to behave, we still recommend a pinch of healthy scepticism alongside your reading. Enjoy - and proceed with a knowing smile!
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