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New Delhi, April 9: Gold prices in India witnessed a notable surge on Tuesday, April 9, 2025, as all major categories of gold reported positive movement. According to updated rates, the price for 24 karat gold has now touched ₹9,044 per gram, registering an increase of ₹71 from the previous day.
Updated Gold Rates Today
- 24K Gold (Pure Gold): ₹9,044/g (+₹71)
- 22K Gold (Jewellery Grade): ₹8,290/g (+₹65)
- 18K Gold (Ornaments): ₹6,783/g (+₹53)
These prices reflect standard rates across India and may vary slightly from city to city based on local demand and supply.
What’s Fueling the Surge?
Experts attribute the increase in gold prices to several global and domestic factors:
- Rising Geopolitical Tensions: Ongoing concerns in the Middle East and global economic uncertainty are pushing investors towards safer assets like gold.
- US Dollar Weakness: A slight decline in the US Dollar Index has increased gold’s appeal globally.
- Festive & Wedding Season Demand: With wedding season in full swing, retail demand in India is also pushing prices upward.
Market Insight
Investment advisor Prakash Mehta notes, “Gold continues to be a strong hedge against inflation, especially during volatile times. The upward trend may persist if central banks maintain their dovish stance.”
Should You Buy Now?
While prices have surged, analysts suggest long-term investors should still consider adding gold to their portfolios, especially via Sovereign Gold Bonds (SGBs) or Digital Gold for better liquidity and returns.
As the global financial markets wobble, gold once again proves its status as a safe haven. With rising demand and macroeconomic triggers in play, further price movement is likely in the coming weeks.
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