Gold Price Today in India On Akshaya Tritiya: 24K Jumps Rs 29,400/100 Gm In Week, Silver Jumps Too | April 19

Gold Price Today in India: Gold prices in India ended the week on a higher note, driven by geopolitical tensions stemming from the Iran-US war and fluctuations in the Indian Rupee, both of which supported bullion demand. Meanwhile, the onset of Akshaya Tritiya festivities has further boosted interest in gold and silver jewellery purchases on Sunday, April 19. Silver prices in India also witnessed a notable uptick during the week.

While the gold rate in India saw a weekly gain, the price of 24 karat, 22 karat and 18 karat gold remained unchanged on Akshaya Tritiya, ie on Sunday, April 19. As several people will step out of their homes to make new purchases today, here are latest details about gold and silver prices in India.

Gold Rate in India Today on Akshaya Tritiya

The price of 24 karat gold in India remained at Rs 15,578 per gram on Sunday, April 19. The rate of 22 karat gold in India stood at Rs 14,280 per gram. Likewise the price of 18 karat gold in India was recorded at Rs 11,684 per gram, as per Goodreturns data at 11 am on April 19. The 24 karat gold price in India surged by Rs 294 per gram in one week. Which means, that per 100 grams of 24 karat gold became costlier by Rs 29,400 in the duration.

Silver Rate in India Today on Akshaya Tritiya

The price of silver in India remained stable on Akshaya Tritiya. Silver rate today stood at Rs 275 per gram and at Rs 2,75,000 per kilogram. Silve rate in India has surged nearly Rs 150 per 10 gram and by Rs 1500 per kilogram in the duration.

International Gold Rate Today

International gold price saw minor gains on Friday and closed the week at $4,850 per ounce. Recent surge in international gold prices came as investors reacted to developments that indicated that the Strait of Hormuz will remain open for commercial shipping. However, Iran has reaffirmed that the passage remains shut as of now.

Gold Buying On Akshaya Tritiya

Gold price in India has continued to remained volatile in the past few months due to geopolitical uncertainty, trade tensions and movement in the domestic currency against US Dollar. "Gold is currently navigating a complex global environment. While there are phases of pressure due to interest rate expectations and currency strength, the broader outlook remains supported by uncertainty, inflation concerns, and long-term investment demand. For Indian investors, gold continues to serve as a reliable store of value, especially during periods of volatility," explained Navneet Damani, Head of Research - Commodities, Motilal Oswal Financial Services.

Despite the volatility, experts highlight that there has been a decent increase in gold buying on occasions like Akshaya Tritiya. "We are seeing a gradual change in how investors participate in gold. While physical buying remains important during occasions like Akshaya Tritiya, there is a clear rise in interest towards more flexible and transparent investment options. This trend is expected to strengthen as investors look for both convenience and liquidity," stated Manav Modi, Analyst Commodities, Motilal Oswal Financial Services.