Market News
2 min read | Updated on April 25, 2025, 13:57 IST
SUMMARY
Gold prices are trading lower in early morning trades, with 24K gold trading at ₹95,280. In Mumbai markets, the 24K gold rate stood at ₹95,100 per 10 gram. MCX Gold futures also traded lower today, down 0.53% at ₹95,400 per 10 gram.
MCX Silver for May delivery trades 0.37% lower at ₹97,151 per kg as of 9:30 am
Gold prices are trading lower in early morning trade in domestic markets on Friday, April 25. At 2:00 pm, 24K gold traded at ₹95,280 per 10 grams, down ₹910/ 10 gram compared to yesterday’s closing, while 22K gold was at ₹87,340 per 10 gram in the local markets.
A rebound in the US dollar index compared to a basket of other currencies may have weighed on gold prices. The US Dollar index trades 0.5% higher at 99.58. Meanwhile, signs of some ease in the US-China trade war may have also reduced the appeal for safe-haven assets. A higher dollar tends to lower demand for gold, as it makes the metal more expensive to investors holding foreign currencies.
In New Delhi markets, the 24K gold rate stood at ₹95,390 per 10 gram and 22K gold at ₹87,441 per 10 gram.
City | 24K Gold (per 10gm)* | 22K Gold (per 10gm) |
---|---|---|
Mumbai | ₹95,550 | ₹87,588 |
Delhi | ₹95,390 | ₹87,441 |
Chennai | ₹95,830 | ₹87,844 |
Kolkata | ₹95,430 | ₹87,478 |
MCX Gold futures also traded lower today. As of 9:30 am, the MCX Gold June future was down 0.53% at ₹95,400 per 10 gram, with a day high of ₹96,239 and day low of ₹95,305. MCX gold is mirroring the losses witnessed in the international gold prices in early morning trades. In the US markets, Gold futures for June delivery were trading 0.5% or $18 lower at $3,331 an ounce.
Silver prices are also trading lower in the local market, around ₹97,750 per kg, down 0.29%. Meanwhile, MCX Silver for May delivery trades 0.37% lower at ₹97,151 per kg as of 9:30 am, while international silver prices trade around $33.3 per troy ounce, down 0.19%.
City | Silver Price (per kg)* |
---|---|
Mumbai | ₹97,500 |
Delhi | ₹97,330 |
Chennai | ₹97,780 |
Kolkata | ₹97,370 |
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