After witnessing a steady rise over the past few days, gold prices today, April 23, offering a lucrative opportunity for buyers ahead of the wedding and festive season. The recent surge in prices was attributed to a weakening US dollar, global recession concerns, and fears of stagflation – a situation characterized by persistent inflation and sluggish economic growth.
As of 9:06 AM on April 23, 24-carat gold is priced at ₹9,850 per gram in Delhi and ₹9,835 in Mumbai, marking a notable ₹300 drop from the previous day’s rates of ₹10,150 and ₹10,135, respectively.
Gold Prices Today in Major Indian Cities (Per Gram)
Delhi
- 18K: ₹7,389
- 22K: ₹9,030
- 24K: ₹9,850
Mumbai
- 18K: ₹7,376
- 22K: ₹9,015
- 24K: ₹9,835
Bangalore
- 18K: ₹7,376
- 22K: ₹9,015
- 24K: ₹9,835
Chennai
- 18K: ₹7,465
- 22K: ₹9,290
- 24K: ₹9,044
Hyderabad
- 18K: ₹7,376
- 22K: ₹9,015
- 24K: ₹9,835
City-Wise Gold price today Across India
| City | 18K (₹/gm) | 22K (₹/gm) | 24K (₹/gm) |
|---|---|---|---|
| Ahmedabad | ₹7,380 | ₹9,020 | ₹9,840 |
| Pune | ₹7,376 | ₹9,015 | ₹9,835 |
| Surat | ₹7,380 | ₹9,020 | ₹9,840 |
| Kolkata | ₹7,376 | ₹9,015 | ₹9,835 |
| Agra | ₹7,389 | ₹9,030 | ₹9,850 |
| Amritsar | ₹7,389 | ₹9,030 | ₹9,850 |
| Aurangabad | ₹7,376 | ₹9,015 | ₹9,835 |
| Belgaum | ₹7,376 | ₹9,015 | ₹9,835 |
| Vijayawada | ₹7,376 | ₹9,015 | ₹9,835 |
Market Overview
- 📉 Price Drop: Gold rates fell by around ₹300 across multiple cities compared to yesterday.
- 🌍 Global Influences: The decline follows international economic jitters, currency fluctuations, and market volatility.
- 🛍️ Buying Opportunity: With prices easing, this could be a favorable moment for consumers planning gold purchases for weddings or festivals.
Disclaimer:
Rates are subject to market fluctuations and may vary slightly across jewellers and regions. Always check with local retailers for exact pricing.
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