Gold Price Hike: Rates Rise Again Amid Global Economic Concerns—Check Latest Rates per 10 Grams

Gold prices have once again witnessed a notable surge across the country, driven by mounting global economic concerns. Factors such as looming fears of a recession, increased tariffs imposed by the United States, and intensifying trade tensions between the US and China are contributing to the upward trend. This fresh spike comes after a recent dip in gold prices, leaving many wondering whether the precious metal is on its way to crossing the ₹1 lakh mark per 10 grams.

Gold Rates Surge Nationwide

According to the latest market updates, the price of 24-carat gold in India has increased by ₹550 per 10 grams as of today. As a result, the cost of one tola (approximately 11.66 grams) has risen to ₹98,080. Yesterday, the price of 10 grams of 24-carat gold stood at ₹97,530, which has now increased to ₹98,080.

This consistent upward movement is fueling public speculation and anxiety regarding future price hikes.

City-wise Gold Rates (Per Gram)

Here is a breakdown of current gold prices across major cities in India:

• Mumbai:

  • 24-carat gold: ₹9,808

  • 22-carat gold: ₹8,990

  • 18-carat gold: ₹7,356

• Delhi:

  • 24-carat gold: ₹9,823

  • 22-carat gold: ₹9,005

  • 18-carat gold: ₹7,368

• Kerala:

  • 24-carat gold: ₹9,808

  • 22-carat gold: ₹8,990

  • 18-carat gold: ₹7,356

Global Factors Behind the Surge

Analysts suggest that the spike in gold prices is not just a local phenomenon but is being influenced by global developments. Concerns over a potential economic slowdown, coupled with escalating trade tensions and tariffs—especially between economic giants like the US and China—are pushing investors toward the safe-haven asset of gold.

As the international economic landscape continues to fluctuate, the future of gold prices remains uncertain. Consumers and investors alike are closely watching the market for any signs of further escalation.