Gold prices surged on April 10 as trade war concerns after US President Donald Trump's reciprocal tariffs made investors shift to safe-haven assets like gold.
Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country:
| City | Price of 22k gold | Price of 24k gold |
| Delhi | Rs 85,750/10g | Rs 93,530/10g |
| Mumbai | Rs 85,600/10g | Rs 93,380/10g |
| Chennai | Rs 85,600/10g | Rs 93,380/10g |
| Kolkata | Rs 85,600/10g | Rs 93,380/10g |
| Bengaluru | Rs 85,600/10g | Rs 93,380/10g |
| Jaipur | Rs 85,750/10g | Rs 93,530/10g |
| Lucknow | Rs 85,750/10g | Rs 93,530/10g |
| Hyderabad | Rs 85,600/10g | Rs 93,380/10g |
| Ahmedabad | Rs 85,650/10g | Rs 93,430/10g |
(as per data on Good Returns)
Gold's June contracts on the Multi Commodity Exchange of India (MCX) traded at Rs 89,950 per 10 gram on April 9.
"Similar to the February trend, we expect gold price momentum to rise in March as well (we forecast 2.0 percent m-o-m; 33.1 percent y-o-y), thereby increasing the price pressure on the 'personal care and effects' sub-sector of services inflation," Kaushik Das, Managing Director and Chief Economist of the India, Malaysia and South Asia arm of Deutsche Bank, said.
While 24-carat gold is a 100 percent pure form of gold with no trace of any other metal, the 22-carat variant has 91.67 percent pure gold along with some traces of alloyed metals like silver or copper.