Gold Price Today 21 April: Compared to last week, there has been a slight decline in the price of gold on the first trading day 21 April (Monday). Gold is above Rs 97,700 in most parts of the country. While the price of silver is above 99,900. Let us know at what rate gold is available in your city. On 21 April, 22 carat gold is available in Delhi at the rate of Rs 89,590 and 24 carat at Rs 97,720. In Chennai, 22 carat gold is trading at Rs 89,440 and 24 carat gold at Rs 97,5570.
Similarly, in Mumbai, 22 carat gold is being sold at the rate of Rs 89,440 and 24 carat gold at the rate of Rs 97,570 per 10 grams. In Kolkata, 22 carat gold is available at the rate of Rs 89,440 and 24 carat gold at the rate of Rs 97,570. In Jaipur, 22 carat gold is available at the rate of Rs 89,590 per 10 grams while 24 carat gold is available at the rate of Rs 97,720. While in Bengaluru, the price of 22 carat gold is Rs 89,440 while 24 carat gold is being sold at the rate of Rs 97,570.
First choice of investors
After the price of gold reached a record level for the second time on Thursday, it has also seen a jump on Monday. Gold futures on commodity exchange MCX reached Rs 96,450 with a gain of Rs 1196 i.e. 1.26 percent in early trade. Earlier, the market was closed for three days. Friday was Good Friday and after that it was the weekend i.e. Saturday and Sunday.
As of 6.53 am on Monday, gold is trading at Rs 95,440. According to the Indian Bullion Association, on April 17, the price of gold increased by about Rs 2000 and it increased from Rs 95,880 to Rs 96,450.
According to the association, gold is being sold at Rs 95,100 per 10 grams in Delhi. Gold is being sold more expensive in Mumbai than in Delhi. There gold is being sold at Rs 95,260, while in Kolkata the price of gold has increased to Rs 95,140. In Bengaluru, gold is trading at Rs 95,340, while in Chennai it is trading at the highest at Rs 95,540.
Gold is a safe investment
The price of gold on the Multi Commodity Exchange has decreased by about 0.44 percent and it is trading at 95,239. Whereas according to the World Gold Council, the price of gold has increased by about 1.44 percent globally and it is trading at $3,374.
On March 14, the price of gold crossed $3,000 for the first time and since then its price has been increasing continuously. Ever since US President Donald Trump imposed tariffs on countries around the world on April 2, on one hand the global stock market is falling, while on the other hand the price of gold is skyrocketing. Amidst the ongoing uncertainties in the market, it is considered the safest investment option for investors. However, Trump imposed a 90-day break on tariffs on all countries except China. This has led to a comeback in the market and there are signs of improvement in the global market. On Monday, the price of silver also increased and is trading at Rs 95,430 per kg.