Gold Prices Drop Due to Trump’s Threat! A Decline of ₹13,000 in One Month
While it was widely anticipated that gold prices would rise due to the US-Iran conflict, contrary to expectations, gold rates are currently on a downward trend.
Gold Price Today: Amidst global developments, gold is currently the most talked-about subject. Driven by the US-Iran tensions, gold prices in India witnessed a decline of over 2.7 percent during the first week of April. In the month of March alone, gold had fallen by nearly 14 percent. With gold prices continuing their downward slide into the first week of April, common consumers have found some relief. Let’s take a look at the latest gold and silver rates in your city…
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Gold Prices
According to data from Goodreturns, as of 10:00 AM, the price of 24-carat gold in the bullion markets of major cities across the state—including Mumbai, Pune, Kolhapur, and Nagpur—has dropped by approximately ₹2,000. Today, the price stands at ₹149,130 per 10 grams (or per *tola*), while the rate per gram is ₹14,913. Additionally, in the national capital, Delhi, the price of 24-carat gold today is ₹149,280 per 10 grams.
- ₹4,000 cheaper compared to April 1st
- Today’s price is ₹31,000 lower than its all-time high
- ₹13,000 cheaper when compared to rates from one month ago
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22-Carat and 18-Carat Gold
In the cities of Mumbai and Pune, Maharashtra, the price of 22-carat gold today is approximately ₹136,700 per 10 grams, or ₹13,670 per gram. Meanwhile, the price of 18-carat gold in Mumbai is ₹111,850 per 10 grams, and it is currently being sold at a rate of ₹11,185 per gram.
- 22-Carat Gold Cheaper by ₹3,000 So Far in April
- Compared to the Past Month, Gold is Cheaper by ₹11,000
- Viewed Over a One-Year Period, It is Costlier by ₹25,000
Commodity Market
On Monday, in the commodity market (MCX), gold prices fell by ₹1,400 to trade at ₹148,298 per 10 grams. Meanwhile, silver prices dropped by ₹2,800 to trade at ₹229,651 per kilogram.
Silver Prices
According to data from Goodreturns, today—in cities across the state including Mumbai, Pune, Nagpur, Kolhapur, and Jalgaon, as well as in the national capital, Delhi—the price of silver stands at ₹250,000 per kilogram.
- Silver Prices Remain Stable for the Fifth Consecutive Day
- Silver is Down by ₹1.6 Lakhs from Its All-Time High
- Over the Past Month, Silver Has Become Cheaper by ₹35,000.
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