Gold has always been a preferred investment choice for Indians due to its cultural significance and financial stability. Whether for weddings, festivals, or long-term investment, tracking daily gold rates is essential for buyers and investors. On 14 April, gold prices have seen slight fluctuations across major Indian cities like Chennai, Mumbai, Delhi, and Kolkata due to changes in international market trends, currency exchange rates, and local demand.
Today’s Gold Rates in Major Indian Cities (14 April)
Here is the latest gold price per gram for 18K, 22K, and 24K purity in key Indian cities:
Gold Rate Sheet (Per Gram)
| City | 24K (₹/gram) | 22K (₹/gram) | 18K (₹/gram) |
|---|---|---|---|
| Mumbai | ₹6,450 | ₹5,910 | ₹4,830 |
| Delhi | ₹6,470 | ₹5,930 | ₹4,850 |
| Chennai | ₹6,490 | ₹5,950 | ₹4,870 |
| Kolkata | ₹6,460 | ₹5,920 | ₹4,840 |
| Bangalore | ₹6,455 | ₹5,915 | ₹4,835 |
| Hyderabad | ₹6,465 | ₹5,925 | ₹4,845 |
| Ahmedabad | ₹6,475 | ₹5,935 | ₹4,855 |
| Pune | ₹6,445 | ₹5,905 | ₹4,825 |
(Prices are estimates that could vary depending on market conditions.)
Factors Influencing Gold Prices in India
Gold prices fluctuate daily due to several domestic and international factors:
- International Gold Rates (LBMA & COMEX) – Since India imports most of its gold, global prices directly impact local rates.
- USD to INR Exchange Rate – A weaker rupee increases gold prices as imports become costlier.
- Demand & Supply – Festive seasons (Diwali, Dhanteras) and wedding seasons drive up demand, raising prices.
- Government Taxes & Import Duty – GST and customs duties add to the final retail price.
- Global Economic Conditions – Inflation, geopolitical tensions, and interest rate changes affect gold’s safe-haven demand.
Difference Between 18K, 22K, and 24K Gold
- 24K Gold – 99.9% pure, used mainly for investments (bars, coins) but too soft for jewelry.
- 22K Gold – 91.6% pure, ideal for jewelry as it’s durable (common in bangles, chains).
- 18K Gold – 75% pure, mixed with other metals for strength, used in premium jewelry.
City-wise Gold Price Trends
1. Mumbai
- 24K Gold: ₹6,450/gram
- 22K Gold: ₹5,910/gram
- Mumbai’s gold rates are slightly lower than Delhi and Chennai due to lower making charges.
2. Delhi
- 24K Gold: ₹6,470/gram
- 22K Gold: ₹5,930/gram
- High demand in wedding seasons keeps prices elevated.
3. Chennai
- 24K Gold: ₹6,490/gram
- 22K Gold: ₹5,950/gram
- Chennai often has the highest rates due to high import duties in South India.
4. Kolkata
- 24K Gold: ₹6,460/gram
- 22K Gold: ₹5,920/gram
- Prices remain competitive compared to other metro cities.
Should You Buy Gold Today?
- For Investors: If global prices are stable and the rupee is strong, it may be a good time to buy.
- For Jewelry Buyers: Check for discounts during festivals or seasonal sales.
- Long-term Holders: Gold prices tend to rise over time, making it a safe hedge against inflation.
Historical Gold Price Trends (Last 5 Years)
| Year | Average 24K Gold Rate (₹/10gm) |
|---|---|
| 2020 | ₹48,000 |
| 2021 | ₹49,500 |
| 2022 | ₹52,000 |
| 2023 | ₹58,000 |
| 2024 (Till April) | ₹64,500+ |
Gold has shown consistent growth, making it a reliable asset.
Gold Price Trend in India (2011-2025)
(24K Gold – ₹ per 10 grams)
| Year | Average Price (₹) | Highest Price (₹) | Lowest Price (₹) | Key Factors Influencing Prices |
|---|---|---|---|---|
| 2011 | ₹26,400 | ₹28,650 | ₹20,820 | High inflation, global economic uncertainty |
| 2012 | ₹30,100 | ₹32,490 | ₹26,550 | Rupee depreciation, strong demand |
| 2013 | ₹29,600 | ₹33,320 | ₹25,600 | US Fed taper fears, import duty hike |
| 2014 | ₹28,000 | ₹30,900 | ₹25,200 | Stable rupee, lower global demand |
| 2015 | ₹26,500 | ₹27,940 | ₹24,230 | Falling crude prices, weak demand |
| 2016 | ₹28,900 | ₹31,400 | ₹25,600 | Demonetization impact, global uncertainty |
| 2017 | ₹29,200 | ₹30,700 | ₹27,800 | GST implementation, global tensions |
| 2018 | ₹31,400 | ₹33,500 | ₹29,400 | US-China trade war, rupee volatility |
| 2019 | ₹35,100 | ₹39,900 | ₹30,800 | US-Iran tensions, economic slowdown |
| 2020 | ₹48,300 | ₹56,200 | ₹39,900 | COVID-19 pandemic, recession fears |
| 2021 | ₹48,700 | ₹52,300 | ₹44,400 | Post-pandemic recovery, inflation concerns |
| 2022 | ₹52,100 | ₹55,600 | ₹48,200 | Russia-Ukraine war, Fed rate hikes |
| 2023 | ₹58,400 | ₹61,500 | ₹54,800 | Global recession fears, strong demand |
| 2024 | ₹64,200* | ₹67,800* | ₹60,500* | Geopolitical risks, inflation pressure |
| 2025 | ₹68,500* (Projected) | ₹72,000* (Projected) | ₹65,000* (Projected) | Expected Fed rate cuts, high demand |
(Projected prices based on economic trends)*
Key Observations from the Data:
- Steady Rise (2011-2023) – Gold prices have consistently increased due to inflation, geopolitical tensions, and economic crises.
- Biggest Jump (2020) – COVID-19 led to a 30% surge as investors flocked to safe-haven assets.
- Recent Trends (2023-2025) – Prices are expected to rise further due to global uncertainty, inflation, and strong Indian demand.
Factors Affecting Future Gold Prices (2024-2025)
✔ US Federal Reserve Policies – Interest rate cuts could push gold prices higher.
✔ Geopolitical Tensions – Wars (Russia-Ukraine, Middle East) increase safe-haven demand.
✔ Indian Demand – Festive & wedding seasons keep demand strong.
✔ Rupee-Dollar Exchange Rate – A weaker rupee makes gold costlier in India.
Gold Price Prediction (2025)
- Minimum Expected Price: ₹65,000 per 10g
- Maximum Expected Price: ₹72,000 per 10g
- Average Price: ₹68,500 per 10g
Note: Predictions are based on current market trends and may vary.
Conclusion
Gold remains a valuable investment and a cultural staple in India. On 14 April, prices vary slightly across cities, with Chennai being the most expensive and Pune among the cheapest. Before purchasing, compare rates, check purity, and consider market trends.
For the latest updates, follow financial news or check the India Bullion and Jewellers Association (IBJA) website.
Disclaimer: Gold rates change frequently. The prices mentioned are indicative and may vary based on retailer making charges and local taxes. Always verify with local jewelers before making a purchase.
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