Gold prices in India's retail market remained largely steady on Sunday, April 19, on the occasion of Akshaya Tritiya, traditionally considered one of the most auspicious occasions to buy gold and silver.
Despite the festive rush, gold continued to hover at elevated levels, trading above the Rs1.5 lakh mark. As of 1 pm, 24-carat gold was priced at ₹1,54,577 per 10 grams, while 22-carat gold stood at ₹1,41,592 per 10 grams in the retail market. Silver, meanwhile, was priced at ₹2,57,369 per kilogram.
City-wise gold and silver rates: Here’s how prices looked across major cities on April 19
Mumbai: 24-carat: ₹1,54,731/10 gm, 22-carat: ₹1,41,734/10 gm, Silver: ₹2,57,626/kg
Delhi: 24-carat: ₹1,54,577/10 gm, 22-carat: ₹1,41,592/10 gm, Silver: ₹2,57,369/kg
Bengaluru: 24-carat: ₹1,54,577/10 gm, 22-carat: ₹1,41,592/10 gm, Silver: ₹2,57,369/kg
Kolkata: 24-carat: ₹1,55,813/10 gm, 22-carat: ₹1,42,725/10 gm, Silver: ₹2,59,427/kg
Hyderabad: 24-carat: ₹1,54,886/10 gm, 22-carat: ₹1,41,875/10 gm, Silver: ₹2,57,883/kg
Chennai: 24-carat: ₹1,55,968/10 gm, 22-carat: ₹1,42,866/10 gm, Silver: ₹2,59,685/kg
Festive demand remains strong despite record prices. According to the Confederation of All India Traders (CAIT), total trade could cross ₹20,000 crore this year—up from last year’s ₹16,000 crore.
Buying patterns shift as prices surge. Gold prices have jumped sharply, from around ₹1 lakh per 10 grams last year to nearly ₹1.58 lakh now. Silver has seen an even steeper rise, from ₹85,000 per kg to about ₹2.55 lakh per kg.
