Gold Prices Fall in India Ahead of Akshaya Tritiya 2025; Check Latest 24K, 22K,18K Gold Rates. Silver Above 1L

Gold prices in India dropped today after remaining flat yesterday, marking a bearish trend just ahead of Akshaya Tritiya 2025, one of the most auspicious gold and silver buying festivals in India. With 24 carat gold rate and 22 carat gold rates falling sharply, buyers are cautiously optimistic. The recent correction in gold rates in India has come after a strong rally triggered by global uncertainties like the ongoing US-China trade tensions and the recent terror attack in India, which had previously pushed gold prices near record highs. Many Indian consumers, who had postponed purchases due to high gold prices, are now expected to return to the market in large numbers owing to traditional demand. Despite today's dip, gold demand during Akshaya Tritiya could push prices back up, potentially crossing previous peaks.

Gold Prices in India Today

On Saturday, April 26, the 22 carat gold rate in India slipped a little by Rs. 30 per 10 grams to cost Rs. 90,020 per 10 grams. While the 24-carat gold prices today fell slightly by Rs. 30, they are at Rs. 98,210 per 10 grams. Similarly, the 18-carat gold rate today retails at Rs 73,660, which dropped by Rs 20.

Similarly, the 100 grams of 22-carat gold stand at Rs 9,00,200 after decreasing Rs 300. While the 24-carat gold price in India per 100 grams is now retailing at Rs. 9,82,100, which dropped by Rs. 300.

MCX Gold and Silver Futures Prices

At the end of Friday's close, gold futures prices on the Multi Commodity Exchange (MCX), expected to mature on June 5, 2025, rose by 0.04% to settle at Rs 95,032. Similarly, silver futures, with an expiry date of May 5, 2025, dropped today by 0.25% to trade at Rs 96,198.

City-Wise Gold Rates Today

Major metropolitan cities in India, including Chennai, Mumbai, Bangalore, and Hyderabad, mirrored the gold rates in India. Here's the latest city-wise update on 22-carat and 24-carat gold rates on 25th April.

Silver Price Movement in India

Silver prices in India on Friday, April 25th Show no major movements, so 1kg of silver in India costs Rs. 1,00,900. While 100g of silver rates in India cost Rs 10,090.

Market Outlook for Gold Prices

"Gold rebounded on Thursday following its steepest one-day loss this year as traders weighed the impacts of US President Donald Trump's trade war on the future path for interest rates. Traders are betting that the Fed could cut rates sooner than anticipated to prevent a recession due to Trump's trade war. That's positive for bullion, as it pays no interest. Gold has had a volatile ride this week, initially hitting a record high above USD 3,500 an ounce on Tuesday, before posting a two-day slump. The initial run-up was driven by Trump's harsh trade position on China, as well as remarks attacking the Fed. The reversal followed an about-face from the president." As per the Nirmal Bang Securities report.

Spot Gold Prices + Spot Silver Price Today

"Spot gold was down 1.7% at $3,292.99 an ounce as of 1:39 a.m. EDT (1739 GMT), after it fell as much as 2% earlier in the session. Bullion is down 1.2% for the week. U.S. gold futures settled 1.5% lower at $3,298.40. Spot silver slipped 1.6% to $33.03 an ounce but was heading for its third consecutive week of gains." As per Reuters latest bullion report.