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Gold Price Surge On April 19 – Check Rates In Delhi, Mumbai, Chennai, Bengaluru And Others

Gold prices in India aren't solely driven by physical gold demand and supply. Instead, they're significantly influenced by trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market.

Yellow metal buyers will have to spend more as Gold price rises, with 24-carat gold witnessing a surge on Saturday, April 19. Additionally, the popular choice for jewellers, 22-carat gold, prized for its durability, was priced at Rs 89,460 for 10 grams.

The price of 24-carat gold too surged on Saturday, with 10 grams of it selling at Rs 97,590, according to Good Returns. However, Silver prices witnessed a decline and are now standing at Rs 99,900 per kilogram, according to Good Returns.

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In Mumbai, the price of ten grams of 24-carat gold is equivalent to the prices in Kolkata, Chennai and Hyderabad at Rs 97,590. The rate of ten grams of 24-carat gold today in Delhi is Rs 97,740.

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The price of ten grams of 22-carat gold in Mumbai is Rs 89,460, the same as in Kolkata, Bengaluru, Chennai and Hyderabad. The price of ten grams of 22-carat gold in Delhi is Rs 89,610.

In Delhi, Mumbai, and Kolkata, one kilogram of silver is selling at Rs 99,900. In Chennai and Hyderabad, one kilogram of silver is selling at Rs 1,09,900.

Rates In Major Cities

City

Gold Price (22-Carat/10 gm)Gold Price (24-Carat/10 gm)Silver Price (Rs/kg)
DelhiRs 89,610Rs 97,740Rs 99,900
NoidaRs 89,610Rs 97,740Rs 99,900
LucknowRs 89,610Rs 97,740Rs 99,900
MumbaiRs 89,460Rs 97,590Rs 99,900
BengaluruRs 89,460Rs 97,590Rs 99,900
ChennaiRs 89,460Rs 97,590Rs 1,09,900
PuneRs 89,460Rs 97,590Rs 99,900
AhmedabadRs 89,510Rs 97,640Rs 99,900
KolkataRs 89,460Rs 97,590Rs 99,900
HyderabadRs 89,460Rs 97,590Rs 1,09,900

Source: Good Returns

How Gold Price In India Are Determined?

Contrary to popular belief, gold prices in India aren't solely driven by physical gold demand and supply. Instead, they're significantly influenced by trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market.

Furthermore, other factors like global events, political issues, central bank decisions, and currency changes can also fuel the change in the prices of the precious metal.

How To Check The Purity Of Gold

Here are a few tips to check the purity of the gold:

1. Look for a hallmark: The best way is to look for the hallmark. 22-carat gold, also known as 916 gold, will have a hallmark stamp on its back of 916.

2. Check for the BIS Standard Mark: On all the jewellery, you can look for a triangle with the letters “BIS” underneath to ensure the purity of the gold.

3. Perform an acid test: An acid test can be performed under guidance, where you can test the gold with nitric acid to check its purity.

4. Colour test: The yellow metal stays yellow always, it remains untarnished.

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