Gold continues to shine in India, with rates holding steady or slightly rising across various cities. Gold Price Today on 17th April 2025 shows interesting trends both globally and locally. While international gold futures saw a small dip, Indian gold prices have largely maintained their upward momentum, especially for 24K purity.
International Gold Futures Slightly Down
Globally, gold futures are trading at around $3333.4 per ounce, reflecting a mild 0.39% dip from the previous day. Despite this minor decline, the international price remains historically high, hinting at the ongoing appeal of gold as a safe haven asset amid economic uncertainties.
City-Wise Gold Price Today on 17th April 2025
In India, the picture is a bit more mixed but generally on the firmer side. Here’s how Gold Price Today on 17th April 2025 looks in major Indian cities for 10 grams:
City | 24 Carat (₹) | 22 Carat (₹) |
---|---|---|
New Delhi | ₹99,811 | ₹91,953 |
Mumbai | ₹99,521 | ₹91,553 |
Chennai | ₹95,266 | ₹90,740 |
Hyderabad | ₹95,459 | ₹91,953 |
Bangalore | ₹95,072 | ₹90,520 |
Kolkata | ₹98,264 | ₹91,525 |
Patna | ₹96,552 | ₹90,936 |
Chandigarh | ₹97,404 | ₹91,240 |
Jaipur | ₹98,322 | ₹91,520 |
Lucknow | ₹96,716 | ₹90,985 |
Rates may vary slightly across retailers due to jeweler margins and local market dynamics, but they are largely in the ₹95,000–₹99,800 range for 24K gold.
Gold Price Today on 16th April 2025: Minor Dip Across Cities but Still Near April Highs
Delhi Shows Price Variation
Interestingly, Delhi also showed a lower quote from another source:
- 24K gold at ₹75,310
- 22K gold at ₹69,050
This discrepancy could be due to different timing of updates or source variations, but it does highlight how prices can differ even within the same city.
Gram-Wise Gold Price in India
For those buying smaller quantities, here are the per gram rates for today:
Purity | Price (₹/gram) |
---|---|
24K | ₹9,623 |
22K | ₹8,815 |
18K | ₹7,217 |
14K | ₹5,610 |
These rates confirm a continued slight rise compared to previous days, especially for 24K and 22K gold, driven by consistent demand.
Why Gold Prices Vary Across Indian Cities?
If you’ve ever wondered why Gold Price Today on 17th April 2025 isn’t the same in every city, here’s why:
- Local Taxes and VAT: Different states levy different tax rates on gold.
- Transportation Costs: Gold transported to inland areas like Delhi and Lucknow costs more than to port cities like Chennai or Kochi.
- Demand & Supply: Cities like Chennai and Hyderabad have strong cultural demand for gold, pushing up prices.
- Jeweler Pricing: Making charges, purity levels, and brand reputation can influence the final cost.
- Association-Based Rates: Local bullion associations often set daily prices which may vary slightly from national averages.
Global Gold Price Comparison: India vs Other Countries
When we look beyond India, we notice that gold tends to be cheaper in many other parts of the world, thanks to lower taxes and import duties:
- England: ~₹70,370 per 10 grams
- Australia: ~₹72,450
- Canada: ~₹72,070
- UAE (Dubai): ~₹72,840
- Indonesia: ~₹71,880
- Hong Kong: ~₹72,050
In contrast, India’s price for 10 grams of 24K gold hovers around ₹76,310 to ₹99,800, depending on the source and city. The difference is quite noticeable, driven largely by the country’s high import duty and GST on gold.
What This Means for Buyers and Investors
If you’re planning to buy gold, keep in mind that Gold Price Today on 17th April 2025 reflects a strong demand environment. Despite the global dip, local prices remain steady or slightly rising. This suggests robust buying, possibly in anticipation of weddings or upcoming festivals.
For investors, the high gold rates confirm gold’s continued appeal as a wealth-preserving asset, especially during volatile times. If you’re looking at international purchases or travelling abroad, it might even make sense to consider buying gold from regions like the UAE or Singapore, where it’s notably cheaper.
Final Thoughts
To wrap it up, Gold Price Today on 17th April 2025 shows that while global prices have taken a minor breather, Indian gold prices remain elevated. The differences across cities are shaped by a mix of taxes, demand, transport, and local pricing mechanisms. And globally, India remains one of the costlier places to buy gold.
So whether you’re a buyer looking for jewelry, or an investor planning your next move, keeping an eye on daily trends and global comparisons can help you make a smarter choice.