MCX gold trades at ₹88,130/10g amid global tariff tensions; retail rates cross ₹90,000/10g in multiple Indian cities
April 6, 2025: As global markets reel from rising trade tensions, gold prices continued their upward momentum across major Indian cities on April 6, 2025. According to the Indian Bullion Association (IBA), 24-carat gold is priced at ₹90,360/10 grams, while 22-carat gold stands at ₹82,830/10 grams. Silver is also rallying, quoted at ₹87,720 per kg for 999 Fine Silver.
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The Multi Commodity Exchange (MCX) reflects similar strength with gold at ₹88,130 per 10 grams, and silver at ₹92,403 per kg. Notably, prices are derived from closing trades on April 4, as commodity markets remain shut on weekends.
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Here’s a city-wise snapshot of bullion and MCX rates on April 6:
📍 Delhi
- 24K Gold: ₹90,040/10g
- MCX Gold: ₹88,850/10g
- Silver: ₹87,410/kg
- MCX Silver: ₹87,431/kg
📍 Mumbai
- 24K Gold: ₹90,200/10g
- MCX Gold: ₹88,850/10g
- Silver: ₹87,560/kg
- MCX Silver: ₹87,431/kg
📍 Chennai
- 24K Gold: ₹90,460/10g
- MCX Gold: ₹88,850/10g
- Silver: ₹87,820/kg
- MCX Silver: ₹87,431/kg
📍 Hyderabad
- 24K Gold: ₹90,340/10g
- MCX Gold: ₹88,850/10g
- Silver: ₹87,700/kg
- MCX Silver: ₹87,431/kg
📍 Kolkata
- 24K Gold: ₹90,080/10g
- MCX Gold: ₹88,850/10g
- Silver: ₹87,450/kg
- MCX Silver: ₹87,431/kg
📍 Bengaluru
- 24K Gold: ₹90,270/10g
- MCX Gold: ₹88,850/10g
- Silver: ₹87,630/kg
- MCX Silver: ₹87,431/kg
With tariff war fears and rising inflationary concerns, safe-haven demand is driving prices higher. Analysts suggest that unless geopolitical uncertainty eases, precious metals are likely to remain firm in the near term.
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