Gold Prices Dip Across Major Indian Cities, Offering Relief to Buyers

Gold prices in India witnessed a notable decline on April 23, 2025, providing a window of opportunity for buyers ahead of the wedding and festive season. The drop comes after a recent surge in gold rates, reflecting a temporary correction in the market.  

 

As of today, the price of 22-carat gold stands at Rs 9,015 per gram in cities like Mumbai, Bengaluru, Hyderabad, and Chennai, while in Delhi, it is slightly higher at Rs 9,030 per gram. For 24-carat gold, the rates are Rs 9,835 per gram in most cities, with Delhi recording Rs 9,850 per gram. The decrease in prices amounts to Rs 275 per gram for 22-carat gold and Rs 288 per gram for 24-carat gold compared to the previous day.  

 

The dip in gold prices is attributed to easing global uncertainties and profit-booking by investors after a recent rally. Analysts suggest that this correction could be short-lived, with gold continuing to remain a preferred investment option amid market volatility.  

 

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Source: The Hindu BusinessLine, Moneycontrol, Indian Express.