New Delhi, March 30 — The domestic bullion market continued its upward momentum this week as gold prices surged sharply, reflecting strong investor demand amid global market trends. In just seven days, 24-carat gold has become costlier by ₹1,370 per 10 grams, crossing the critical ₹91,000 threshold for the first time in most Indian cities.
Gold Rates Touch New Highs in Major Cities
The price of 24-carat gold is currently trading between ₹91,200 and ₹91,350 per 10 grams across major cities, while 22-carat gold is ranging between ₹83,600 and ₹83,750 per 10 grams. Here’s a breakdown of current gold prices as of Sunday:
Delhi:
24K Gold – ₹91,350/10g
22K Gold – ₹83,750/10g
Mumbai:
24K Gold – ₹91,200/10g
22K Gold – ₹83,600/10g
Ahmedabad:
24K Gold – ₹91,250/10g
22K Gold – ₹83,650/10g
Chennai:
24K Gold – ₹91,200/10g
22K Gold – ₹83,600/10g
Kolkata:
24K Gold – ₹91,200/10g
22K Gold – ₹83,600/10g
Lucknow:
24K Gold – ₹91,350/10g
22K Gold – ₹83,750/10g
Patna:
24K Gold – ₹91,250/10g
22K Gold – ₹83,650/10g
Jaipur:
24K Gold – ₹91,350/10g
22K Gold – ₹83,750/10g
Bengaluru, Hyderabad, Bhubaneswar:
24K Gold – ₹91,200/10g
22K Gold – ₹83,600/10g
Silver Also Records Sharp Surge
In tandem with gold, silver has also witnessed a steep rise in prices. Over the last week, silver prices jumped by approximately ₹3,000 per kilogram, with the precious metal trading at ₹1,03,900 per kg in Delhi.
What’s Driving the Gold Rally?
The continued rise in gold prices is attributed to multiple global and domestic factors:
Increased demand for safe-haven assets due to geopolitical uncertainties.
Strong wedding season demand in India.
Weakening of the Indian rupee against the US dollar.
Hopes of a potential rate cut in global markets fueling gold buying.
Experts suggest that if the momentum continues, gold could soon breach ₹1 lakh per 10 grams — a historic high for the Indian market.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
