Market Performance
Gold prices in India have hit a record high, with 24-carat gold surpassing the ₹1,00,000 mark for the first time. This unprecedented rise has marked a significant shift in the bullion market, drawing attention from both consumers and market observers alike. The surge in gold prices has been particularly impactful on individuals intending to purchase gold for ceremonial or traditional purposes.
Main News
On April 22, 2025, the price of 24-carat gold jumped by ₹3,000 per 10 grams, pushing its rate to ₹1,01,350. At the same time, the price of 22-carat gold rose by ₹2,750, reaching ₹92,900 per 10 grams. This significant increase in gold prices occurred within a single day of trading, setting a new record.
This surge in gold prices has been observed across major cities in the Telugu-speaking states, including Hyderabad, Vijayawada, and Visakhapatnam. In addition, silver prices also remained elevated. As of April 21, 2025, silver prices saw an increase of ₹1,000 per kilogram, bringing the market rate to ₹1,01,000. In the Telugu states, the price of silver was recorded at ₹1,11,000 per kilogram in key cities.
Summary
Gold prices in India have crossed the ₹1 lakh per 10 grams threshold, reaching an all-time high. On April 22, 2025, the price of 24-carat gold rose to ₹1,01,350 per 10 grams, while 22-carat gold stood at ₹92,900. Silver prices also remained high, with rates reaching ₹1,11,000 per kilogram in major cities of the Telugu states. This surge has made gold increasingly expensive for many consumers, particularly those in the middle-income bracket.
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