As of April 6, 2025, the Indian market reflects notable trends in the prices of gold, silver, and diamonds. These fluctuations are influenced by various factors, including international market dynamics, currency exchange rates, and domestic demand. Understanding these trends is crucial for investors, jewelers, and consumers alike.
Gold Prices Across Major Indian Cities
Gold continues to be a preferred investment and adornment choice in India. The prices for 24-carat and 22-carat gold per 10 grams in key cities are as follows:
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) |
|---|---|---|
| Delhi | 90,040 | 83,370 |
| Mumbai | 90,200 | 83,370 |
| Chennai | 90,460 | 83,460 |
| Kolkata | 90,080 | 83,350 |
| Hyderabad | 90,340 | 83,350 |
| Bengaluru | 90,270 | 83,350 |
Note: Prices are subject to change based on market conditions and local factors.
Silver Prices in Major Indian Cities
Silver, valued for its industrial applications and ornamental use, is priced as follows per kilogram:
| City | Silver Price (₹/kg) |
|---|---|
| Delhi | 87,410 |
| Mumbai | 87,560 |
| Chennai | 87,820 |
| Kolkata | 87,450 |
| Hyderabad | 87,700 |
| Bengaluru | 87,630 |
Note: Silver prices are influenced by international market trends and may vary locally.
Diamond Pricing Overview
Diamond prices are determined by the “Four Cs”: Carat, Cut, Color, and Clarity. As of April 2025, the average price per carat for diamonds is approximately $9,502.13 (₹712,659), reflecting a decrease of 3.9% from the previous month. It’s important to note that diamond prices can vary significantly based on quality factors and market demand.
Factors Influencing Precious Metal and Gemstone Prices
Several elements contribute to the pricing of gold, silver, and diamonds:
International Market Trends: Global demand and supply dynamics, geopolitical events, and economic indicators play a significant role in determining prices.
Currency Exchange Rates: Fluctuations in the value of the Indian Rupee against the US Dollar impact import costs, influencing domestic prices.
Domestic Demand: Cultural factors, festivals, and wedding seasons in India often lead to increased demand, affecting prices.
Government Policies and Taxes: Import duties, Goods and Services Tax (GST), and other regulatory measures can alter pricing structures.
Investment Insights
Gold: Traditionally considered a safe-haven asset, gold investments can hedge against inflation and currency fluctuations.
Silver: With its industrial applications, silver offers diversification benefits but may exhibit higher volatility compared to gold.
Diamonds: While offering aesthetic and status value, diamonds lack standardized pricing and liquidity, making them less conventional as investment assets.
