Widely read:
Gold prices in India soared to unprecedented levels on April 17, 2025, influenced by global economic uncertainties and a depreciating US dollar. Investors are increasingly turning to gold as a safe-haven asset amid ongoing geopolitical tensions and market volatility.
City-wise gold rates
| City | Purity | Today (₹) | Yesterday's price (₹) |
|---|---|---|---|
| Delhi | 22K | 89,350 | 88,300 |
| 24K | 97,460 | 96,320 | |
| Mumbai | 22K | 89,200 | 88,150 |
| 24K | 97,310 | 96,170 | |
| Chennai | 22K | 89,200 | 88,150 |
| 24K | 97,310 | 96,170 | |
| Kolkata | 22K | 89,200 | 88,150 |
| 24K | 97,310 | 96,170 | |
| Bangalore | 22K | 89,200 | 88,150 |
| 24K | 97,310 | 96,170 | |
| Hyderabad | 22K | 89,200 | 88,150 |
| 24K | 97,310 | 96,170 |
Factors influencing the surge:
-
Global economic uncertainty
: Ongoing geopolitical tensions have led investors to seek refuge in gold, driving up demand and prices.
-
Depreciating US dollar
: The weakening of the US dollar has made gold more attractive as an alternative investment, contributing to the price increase.
- Safe-haven demand : With stock markets experiencing volatility, gold's status as a stable investment has been reinforced, leading to higher demand.
Understanding 22K vs 24K gold
-
24K gold
: Comprising 99.9 per cent pure gold, 24K is the purest form of gold. It is typically used for investment purposes, such as coins and bars, but it is too soft for jewellery.
- 22K gold : Containing 91.6 per cent gold mixed with other metals like copper or silver, 22K gold is more durable and suitable for crafting jewellery.
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.
Final takeaway
The surge in gold prices reflects the metal's enduring appeal as a safe-haven asset amid global economic challenges. Investors and consumers should stay informed about market trends and consider their financial goals when making decisions related to gold investments or purchases.
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!
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
For grievances: [email protected]
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
