Gold Prices Soar in Indian Cities Amid Global Trade Tensions
Surge Driven by U.S.-China Tariff Conflict
NEW DELHI: The escalating tariff war between the United States and China has rattled global markets, pushing investors toward safe-haven assets like gold. With Donald Trump’s erratic tariff policies, rising recession concerns, and a declining US dollar, gold prices have seen a significant uptick. According to India Bullions, as of 10 am on April 18, gold and silver prices in India reached ₹95,410 per 10 grams and per kilogram, respectively, up from ₹94,010 per 10 grams and ₹94,660 per kilogram a week ago on April 11.
City-Specific Gold and Silver Rates on April 18
Check the latest gold and silver prices across major Indian cities on April 18:
- Mumbai: Gold bullion rates — ₹95,240/10 gm; Silver bullion rate — ₹95,240/kg.
- Chennai: Gold bullion rates — ₹95,520/10 gm; Silver bullion rate — ₹95,520/kg.
- New Delhi: Gold bullion rates — ₹95,080/10 gm; Silver bullion rate — ₹95,070/kg.
- Kolkata: Gold bullion rates — ₹95,110/10 gm; Silver bullion rate — ₹95,110/kg.
- Hyderabad: Gold bullion rates — ₹95,390/10 gm; Silver bullion rate — ₹95,390/kg.
- Bengaluru: Gold bullion rates — ₹95,310/10 gm; Silver bullion rate — ₹95,310/kg.
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