A Oneindia Venture

Gold Prices Alert: Top Western Countries Where Yellow Metal Is Cheaper Than India?

Gold prices in India crashed sharply on Friday, as concerns about a trade war sent jitters to investors. Gold has immensely pulled back from its all-time high performances, and also recording its first biggest single-day drop in 2025. In India, 24K gold price is below Rs 92,000 per 10 grams, while 22K and 18K gold prices also erased their Rs 85,000 and Rs 70,000 marks. Despite the latest fall, gold in India is still very expensive compared to yellow metal sold in Western countries.

Gold Prices In USA:

In dollar terms, 24K gold is priced at $1,010 per 10 grams, and in Indian rupees, 24K gold is at Rs 85,912 per 10 grams. Similarly, 22K gold is at $945 in dollars, and at Rs 80,383 per 10 grams in rupees.

Gold Prices Alert: Top Western Countries Where Yellow Metal Is Cheaper

In March month, gold in the USA surged by over 7.3%.

Gold Prices In England:

On April 4th, 24K and 22K gold is available at 763.90 and 700.20 in euros. In the Indian rupee, 22K and 24K are priced at Rs 78,072 and Rs 85,175 per 10 grams. This will be the second consecutive decline in 24K gold, and the third consecutive decline in 22K gold prices in England.

In March, yellow metal in this country was up by 6.2%.

Gold Prices In Canada:

24K and 22K gold prices are at $1,437.50 and $1,115 per 10 grams on Friday. In the case of Indian rupees, the yellow metal was available at Rs 82,220 in 22K and at Rs 86,746 per 10 grams in 24K.

A nearly 7% surge was recorded in gold prices in Canada in March month.

Gold Prices In Australia:

Gold prices in Australia also declined on Friday by up to $420. The price of 24K and 22K gold is at $1,699 and $1,530 per 10 grams. In Indian rupees, the prices are at Rs 81,475 per 10 grams in 22K, and at Rs 88,877 per 10 grams in 24K.

Gold was up by 7.2% in March here.

The top 5 Western countries sold gold in their retail stores at a much cheaper rate compared to India.

Gold Prices In India:

On Friday, the 24K gold price plunged by Rs 1,740 in 10 grams to Rs 91,640, while the 22K gold price slipped by Rs 1,600 per 10 grams to Rs 84,000. Despite the latest fall, gold in India is expensive.

Gold prices tracked the performance of the international bullion market.

Comex gold traded around $3,110 an ounce on Friday, pulling back from its record-high level of $3,167.77. Despite this, Comex is poised to post its fifth weekly gains due to back-to-back new all-time high performances. The major driving factor was risks that could heighten in global economy because of US tariffs.

According to Trading Economics, Trump unveiled a 10% baseline tariff on imports from all countries, along with higher duties on some of the US's largest trading partners, triggering countermeasures from those nations. Meanwhile, gold pulled back on Thursday, pressured by profit-taking and reports that precious metals were excluded from Trump's tariffs.

Trading Economics added, despite this, gold's upward momentum remained intact, supported by safe-haven demand, expectations of rate cuts, central bank buying, and strong demand for gold-backed ETFs. Investors are now awaiting the US non-farm payrolls report for further insights into the Federal Reserve's monetary policy direction.

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+