Gold Rate in India Today Hits Lifetime High, April 21: 24K Near Rs.1 Lakh, Check Latest 22K,18K Gold Prices

Gold prices in India are at a new all-time high today, with 24 carat gold now just Rs. 1,650 away from breaching the historic Rs. 1,00,000 mark per 10 grams. This sharp surge in the gold rate in India comes at the start of a new trading week, after a brief pause over the weekend. For the first time ever, the 22 carat gold rate in India has surpassed the Rs.90,000 mark per 10 grams today, which is a huge milestone for the Indian gold market. The current rally in gold prices in India is great news for those who invested in gold earlier this year, as gold has jumped over 26% so far in 2025. However, for retail consumers and jewellery buyers, these sky-high gold rates are becoming increasingly unaffordable, especially with the upcoming wedding and festival season.

Gold Rate In India Today

As of 21st April, Monday, the 24-carat gold rate in India surged by Rs. 770 per 10 grams to cost Rs. 98,350. In a similar manner, the 22-carat gold price in India jumped sharply by Rs. 700 per 10 grams, to cost Rs. 90,150. Just like that, the 18-carat gold rates in India spiked by Rs. 570 to retail at Rs. 73,760 per 10 grams.

Following the trend, the 100 grams of 24-carat gold rate now stands at Rs 9,83,500, and the 22-carat gold per 100 grams now costs Rs 9,01,500.

Silver Prices In India today

On 21st April, silver rates in India jumped just like gold. 1 kg of silver in India costs Rs. 1,01,000 after gaining Rs. 1,000. While 100g of silver rates in India retails at Rs 10,100, which jumped by Rs 100.

Today's 22-Carat & 24-Carat Prices Across India: City-Wise Gold Rate

The gold price in India today jumped across major cities, including Chennai, Mumbai, Bangalore, and Hyderabad. Here's the latest city-wise update on 22-carat and 24-carat gold rates on 21st April.

In Chennai, the 24-carat gold rate stands at Rs. 98,350 per 10 grams, while the 22-carat gold price in Chennai is Rs. 90,150 per 10 grams.

In Bangalore, the gold rate for 24-carat is Rs. 98,350 per 10 grams, and the 22-carat gold rate in Bangalore is Rs. 90,150 per 10 grams.

In Hyderabad, the 24K gold price is isRs. 98,350 per 10 grams, and the 22K gold rate in Hyderabad is Rs. 90,150 per 10 grams.

In Mumbai, the 22-carat gold rate is Rs. 90,150 per 10 grams, while the 24-carat gold price in Mumbai remains at Rs. 98,350 per 10 grams.

MCX Gold Price and Silver Price

Gold futures prices on the Multi Commodity Exchange, as of 21st April, which are going to mature on June 5th, also surged and were trading at Rs 96,580 per 10 grams, jumping 1.39%. Similarly, silver futures prices set to mature on May 5th, 2025, are trading at Rs 95,810 with a rise of 0.81%.

According to ICICI Direct Research, "MCX Gold June is expected to move towards ₹96,500 as long as it trades above the Rs. 94,400 level. While MCX Silver May is expected to consolidate in the band of ₹94,200 and Rs 96,800 level. Only below Rs. 94,200, it would turn weaker."

Spot Gold Price and Spot Silver Rate

As per Reuters, "Spot gold advanced 1.4% to $3,373.70 an ounce as of 0432 GMT after hitting a record high of $3,385.08 earlier in the session. U.S. gold futures firmed 1.8% to $3,386.50. Spot silver added 0.4% to $32.71 an ounce."
"Spot gold prices corrected from its record high of $3357 on profit booking, but it stayed above the $3300 mark as trade war concerns continue to support safe-haven demand. While the Spot silver prices edged lower on Thursday, they managed to gain almost 1 % last week amid a weaker dollar and increasing prospects of a rate cut in May." ICICI Direct Research Report stated.

Gold Prices Target and Outlook By Experts

As per Nirmal Bang Securities' Daily Bullion News and Summary, "Gold paused its record-breaking rally on Thursday amid optimism over US-Japan trade talks after bullion earlier reached another all-time high. The precious metal slipped by as much as 1.8% after its biggest one-day gain in two years in the prior session, as market sentiment improved amid positive signals from the initial trade talks between the two countries. President Donald Trump said negotiators made "big progress" in trade talks with Japanese representatives seeking exemptions from the levies slapped on US trading partners. While the talks didn't result in an immediate halt on tariffs, Japan's lead negotiator said the countries will speak again soon as they aim to reach a deal within the 90-day grace period."

"Gold prices are expected to rise. One can buy at 96700 with a stop loss of 96400 for the target at 97100-97400." According to Nirmal Bang Securities.

Disclaimer: The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.