Gold Rate Today: Gold Becomes Costly on April 1, 2025; Third Day of Navratri
Index of Content
1. Introduction
2. Rise in Gold Prices on March 1, 2025
3. Rates of Gold in Major Indian Cities
4. Reasons for Fluctuation in the Rate of Gold
5. Best Time to Invest in Gold?
6. Conclusion
Introduction
The very new financial year (FY) 2025-26) has brought very significant changes in the price of gold. The rates at which gold is bought have seen a very steep rise. That day was April 1, 2025, and it also turned out to be the third day of Navratri traders and buyers keep a close eye on this market because gold becomes one of the most desirable assets in India.
Gold Price Rise on April 1, 2025
The gold price has reached up by ₹900 per 10 grams from the previous day. Presently, in Delhi, the price of 24 carat gold has crossed ₹92,000 per 10 grams surely, one hallmark rise at the beginning of the financial year.
Gold Rates in Major Indian Cities: April 1, 2025
- Delhi: ₹92,000 per 10 grams
- Mumbai: ₹91,500 per 10 grams
- Kolkata: ₹91,700 per 10 grams
- Chennai: ₹92,200 per 10 grams
- Bangalore: ₹91,800 per 10 grams
Factors Affecting Gold Prices
The following factors lead to the constant fluctuation of gold prices in India:
International Market Trends: Global demand and supply impact local gold rates.
Rupee vs. Dollar Exchange Rate: A weaker rupee makes gold more expensive in India.
Inflation and Economic Policies: Higher inflation often pushes investors toward gold.
Festival and Wedding Season Demand: Increased demand during the equivalent festivals, as Navratri or wedding seasons, raises prices.
Central Bank Policies: Interest rate decisions by the RBI and the US Federal Reserve also affect gold prices.
Is now the time to invest in gold?
The increase in gold prices has put doubters in the investors' minds as to whether it is the right time to buy gold. Experts opine that gold is a safe haven which denotes that it can hedge against inflation, but buyers must see market trends and consult some financial advisors before taking an investment decision.
Conclusion
Gold prices have risen tremendously on April 1, 2025. This is an important day, being the day after Navratri, and also the first day of the financial year. Rates in Delhi cross ₹92,000 per 10 grams. Investors should keenly consider market condition before investing. Stay tuned to daily changes in gold rates to make sound investment decisions.
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