Gold Hits Record High: Prices Surge to All-Time Peak at ₹93,074 per 10 Grams
On Friday, April 11, gold prices soared to a historic high. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold rose by ₹2,913 to reach ₹93,074 per 10 grams. Previously, it was priced at ₹90,161.
Silver prices also saw a significant jump, rising by ₹1,958 to ₹92,627 per kilogram, compared to ₹90,669 earlier. Notably, silver had reached ₹1,00,934 per kilogram on March 28, while gold touched ₹91,205 on April 3.
Gold Price Comparison: April 11 vs. March 28, 2025
| Purity | April 11 | March 28 |
|---|---|---|
| 24 Carat | ₹93,074 | ₹90,161 |
| 22 Carat | ₹85,256 | ₹82,588 |
| 18 Carat | ₹69,806 | ₹67,621 |
Source: IBJA | Note: Prices are for 10 grams of gold
Gold Prices in Major Cities
| City | 22 Carat (₹/10g) | 24 Carat (₹/10g) |
|---|---|---|
| Delhi | ₹87,600 | ₹95,555 |
| Mumbai | ₹87,450 | ₹95,400 |
| Kolkata | ₹87,450 | ₹95,400 |
| Chennai | ₹87,450 | ₹95,400 |
| Bhopal | ₹87,500 | ₹95,400 |
Gold Up ₹16,912 in 2025 So Far
Since January 1, 2025, the price of 24-carat gold has increased by ₹16,912, a 22% rise from ₹76,162 to ₹93,074 per 10 grams. During the same period, silver prices rose by ₹6,610 (a 7% increase) from ₹86,017 to ₹92,627 per kilogram. For comparison, gold prices rose by ₹12,810 throughout 2024.
3 Key Tips for Buying Gold
1. Buy Only Certified Gold
Always choose gold that is BIS (Bureau of Indian Standards) certified. Certified gold features a six-character Hallmark Unique Identification Number (HUID), which is alphanumeric—for example, AZ4524. This hallmark confirms the gold’s purity and authenticity.
2. Verify the Price
Before making a purchase, cross-check the current price and weight from multiple reliable sources, such as the IBJA website. Gold prices vary depending on purity—24K, 22K, or 18K. While 24K is the purest form, it is usually not used for making jewelry due to its softness.
3. Avoid Cash Payments and Always Get a Bill
Opt for digital payment methods like UPI, debit/credit cards, or internet banking instead of cash. Always request an invoice for your purchase. If ordering online, thoroughly inspect the packaging and contents upon delivery.
