New Delhi, April 22, 2025: Gold prices in India have touched a historic milestone, with 24-carat gold exceeding ₹1,01,000 per 10 grams. In a single day, the price surged by over ₹3,000, driven by global market volatility and rising domestic demand ahead of the festive and wedding season.
In key metro cities like Delhi, Mumbai, Chennai, Kolkata, and Bengaluru, gold prices have crossed the ₹10,000 per gram threshold. In Delhi, 1 gram of 24-carat gold is now priced at ₹10,150, while 22-carat gold stands at ₹9,215 per gram.
Back in Bhubaneswar, the trend mirrors the national surge. On Monday, 22-carat gold was priced at ₹90,150 per 10 grams, while 24-carat gold reached ₹98,350, both reflecting a steep rise from the previous week. Silver has also become more expensive, with prices rising to ₹1,11,000 per kg, an increase of ₹1,000.
With Akshaya Tritiya just around the corner—a key occasion for buying gold in Indian culture—many people are still flocking to jewelry stores despite the price jump. To help ease consumer concerns, several jewelers have rolled out festive offers and exchange deals.
According to Arindam Pramanik, a senior manager at a leading jewelry brand, “This is an ideal time to exchange old gold. Buyers can take advantage of the high market rates and reduce the burden of new purchases.”
Odisha’s gold market largely revolves around jewelry, with minimal interest in investment-grade coins and bars. The current price hike, although worrying to many, has not dampened cultural enthusiasm around gold buying.