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Gold & Silver Rates Today – April 4, 2025: Delhi Prices, MCX, and Global Pulse

Gold

Gold prices in Delhi remained volatile today amid strong US jobs data and geopolitical tensions, with 24K gold touching ₹72,500/10gm. Here’s the latest update on gold, silver, MCX, and COMEX rates for traders and buyers.

💰 Today’s Precious Metal Prices (Delhi)

🧾 Gold Rates (Per 10 Grams)

  • 24K (99.9%): ₹91,790 (Thursday close, India TV)—up 0.2%, could test ₹92,000 today.
  • 22K (91.6%): ₹84,150—gained 0.2%, steady demand.
  • 18K (75%): ₹68,850—edged up 0.1%, per X buzz.

🪙 Silver Rates (Per Kg)

  • Delhi Retail: ₹92,686 (Thursday)—climbed 1.8% from Wednesday’s dip (India TV).
  • MCX Futures (May): ₹92,686—up 1.8%, hit a five-week low then rebounded.

📈 Market Drivers

1. Global Factors

  • COMEX Gold: $3,121/oz Thursday (India TV)—near a one-month peak; your $2,385 lags April’s climb.
  • Dollar Index: 104.1 Wednesday (Economic Times)—gold’s feeling the squeeze.
  • Fed Odds: 60% shot at a June cut—markets jittery post-Trump’s April 2 tariff talk.

2. Domestic Influences

  • Festival Fever: Akshaya Tritiya (May 2) demand’s simmering—jewelers stock up.
  • Duty Load: 12.5% customs + 3% GST—same old sting, no relief.

🏛️ MCX & COMEX Live Data

  • Gold June 2025 (MCX): ₹90,717 Thursday (Economic Times)—up 1.15%; today’s open could nudge ₹91,000.
  • Silver May 2025 (MCX): ₹92,686—gained 1.8%, volatile week.
  • Gold June 2025 (COMEX): $3,121/oz—rose 0.5%, tariff fears fuel it.

📅 Weekly Trend (Delhi 24K Gold)

  • Monday: ₹90,600 (India TV)
  • Tuesday: ₹90,450—dipped, then steadied.
  • Wednesday: ₹91,640—jumped on global cues.
  • Today: ₹91,790 Thursday—Friday’s eyeing ₹92,000, per X.

💡 Expert Outlook

  • Short-Term (1 Month): ₹93,000-94,000 if Middle East flares—geopolitics trump jobs data.
  • Long-Term (2025): ₹95,000 in sight if Fed cuts kick in—experts bet on $3,500/oz globally (Economic Times).

Buying Advice

  • Investors: Sip into gold ETFs or Sovereign Bonds—steady wins.
  • Jewelry Buyers: Hold for Akshaya Tritiya deals—discounts loom May 2.
  • Traders: Eye US non-farm payrolls today—could swing gold ₹500 either way

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