Gold and Silver Prices Remain Stable on April 18 Across Major Indian Cities
Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 18 April in Delhi, Mumbai, Pune, others
Mint
Image: Mint
On April 18, gold prices in India remained stable, with 24-karat gold priced at ₹154,890 per 10 grams. Silver 999 Fine was priced at ₹259,190 per kg. Retail customers should be aware of additional charges from jewellers, which may increase final prices.
- 0124-karat gold priced at ₹154,890 per 10 grams in India.
- 02Silver 999 Fine priced at ₹259,190 per kg.
- 03Prices vary slightly across major cities like Mumbai, New Delhi, and Chennai.
- 04International market influences include a weakening US dollar and improved sentiment towards safe-haven assets.
- 05Gold prices have eased from January's record high of ₹180,000.
Advertisement
In-Article Ad
On April 18, gold prices in India's retail market showed minimal changes, with 24-karat gold priced at ₹154,890 per 10 grams and 22-karat gold at ₹141,983. Silver 999 Fine was priced at ₹259,190 per kg. Prices varied slightly across major cities: in Mumbai, 24-karat gold was ₹154,610, while in New Delhi it was ₹154,340. The stability in gold prices comes as international markets see a weakening US dollar, which makes dollar-priced commodities more affordable for foreign holders. Recent developments, such as Iran reopening the Strait of Hormuz, have also improved sentiment towards safe-haven assets. Despite a record high of over ₹180,000 in January, prices have since eased, potentially providing a good entry point for investors.
Advertisement
In-Article Ad
Consumers should be aware that additional charges from jewellers can significantly increase the final price of gold and silver purchases.
Advertisement
In-Article Ad
Reader Poll
Do you think gold prices will rise again soon?
Connecting to poll...
Read the original article
Visit the source for the complete story.