Gold rates on April 25: Yellow metal steadies after record rally; check rates in your city today

Gold

Gold prices steadied on April 25, days after the yellow metal hit the historic milestone of Rs 1 lakh per 10 grams. This comes as investors booked some profits at the exorbitant rates, and US-China trade deal hopes relaxed some concerns over global uncertainties.

Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country:

Gold's June contracts on the Multi Commodity Exchange of India (MCX) traded at Rs 95,999 per 10 gram on April 25.

"President Donald Trump dialed back threats to dismiss Federal Reserve Chair Jerome Powell, further weighing on safe haven bids. Additionally, renewed strength in the US dollar close to the 100 mark, kept gold prices under pressure...Mixed signals from the Trump administration renewed market uncertainty. US Treasury Secretary Bessent clarified that no unilateral tariff reductions are planned without reciprocal actions from China, dampening earlier optimism. Upcoming economic data including jobless claims, durable goods orders, and home sales figures could influence price direction later in the day," said Kaynat Chainwala from Kotak Securities.

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