Gold Rate Weekly Update: Gold prices are reaching new highs every day, breaking old records. Last week, the price of gold crossed Rs 93,000 per 10 grams at the start of the trade war due to Trump tariffs.
Gold Rate Weekly Update
Gold Rates: Gold prices show no signs of stopping and are continuously reaching new record highs. There has been a big change in gold prices in the last one week and it has reached a new level from the Multi Commodity Exchange (MCX) to the local market. For the first time, the price of gold has crossed Rs 93,000 per 10 grams. Gold is making new records every day amid the trade war that started due to Trump tariffs. Let’s know how much its price has changed in the last one week?
Now the price of gold on MCX has increased by this much
First of all let us tell you about the changes in gold prices on MCX during the week, so let us tell you that on the first day of the week, Monday (7 April 2025), the price of gold (gold rate) on MCX ending on June 5 was Rs 86,928 per 10 grams, which increased with each passing day and reached a lifetime high of Rs 93,940 per 10 grams on the last trading day of the week on Friday. If we look at it this way, gold has become expensive by Rs 7,012 in just one week.
Gold shines in the local market too
Like MCX, the local market has also seen a big increase in gold prices. According to the website of Indian Bullion Jewellers Association IBJA.Com, 10 grams of 24 carat gold (rate of 10 grams of 24 carat gold) on April 7 closed at Rs 89,085 and on Friday, April 11, the rate of this quality of gold increased to Rs 93,350 per 10 grams. This means that the price of gold in the local market has increased by Rs 4,265 last week. If we look at the prices of gold of other qualities, then…
Quality gold rate (per 10 grams)
24 carat gold Rs 93,350/10 grams
22 carat gold Rs 91,110/10 grams
20 carat gold Rs 83,080/10 grams
18 carat gold Rs 75,620/10 grams
14 carat gold Rs 60,210/10 grams
The gold prices mentioned above are without charges and GST, the prices may change after their addition. Actually, the Indian Bullion Jewellers Association gives information about the prices of gold and silver every day. Here you have been told the rates of gold and silver without taxes and charges. The rates issued by IBJA are the same across the country. If you buy or get gold or silver made, then you will have to pay GST and making charges separately on the making charges.
Check gold and silver prices through missed call
You can also check the prices of gold and silver through a missed call. For this, you have to call the number given below 8955664433. After the missed call, you will get the rates through SMS within a few minutes. Apart from this, you can also check the rates by visiting the official website ibjarates.com.
Let us tell you that the prices of gold jewelry keep changing across the country due to excise duty, state taxes and making charges. Let us tell you here that 22 carat gold is mostly used to make jewelry, while some people also use 18 carat gold. The hallmark is marked on jewelry based on the carat. 999 is written on 24 carat gold jewelry, while 958 is written on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat.
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