Buy Now or Wait Gold Prices Near ₹1 Lakh, Shocking Nationwide Surge

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Waking up to rising gold prices has almost become a routine for Indians lately, but today, April 19, was truly different. Gold has officially hit its highest-ever price in India. Whether you’re saving for a dream wedding, planning a gift, or simply investing smartly, the golden glow has never looked so expensive, yet so irresistible.

April 19: Gold Crosses ₹97,000, Silver Takes a Dip

As of today, 24-carat gold prices have shot up by ₹270 and are now trading at ₹97,730 per 10 grams in Delhi. The story is similar across cities like Mumbai, Chennai, Hyderabad, Bengaluru, and Kolkata, with minor variations. Even 22-carat gold, the preferred choice for jewellery, has breached the ₹89,000 mark. It’s an emotional moment for gold lovers, one of pride, and a bit of anxiety too.

Buy Now or Wait Gold Prices Near ₹1 Lakh, Shocking Nationwide Surge

Surprisingly, while gold continues to climb, silver prices dipped slightly, with one kilogram now priced at ₹99,900. It’s a rare contrast, as both metals often follow similar trends.

Why Are Gold Prices Climbing

Experts say the ongoing global slowdown, fears of recession, and the U.S. tariff policy have made investors nervous. When the future looks uncertain, people turn to gold as an age-old haven. On top of that, the Indian rupee has been weakening against the U.S. dollar, making imported gold even more expensive.

But that’s not all. India is in the middle of the wedding season, when gold buying hits the roof. Despite sky-high prices, families are still rushing to buy ornaments. It’s emotional. It’s tradition. And in India, those things matter more than numbers.

City-Wise Gold Prices Today

Here’s a quick snapshot of 24-carat and 22-carat gold prices in major cities on April 19:

  • Delhi: ₹97,730 (24K), ₹89,600 (22K)
  • Mumbai: ₹97,580 (24K), ₹89,450 (22K)
  • Chennai: ₹97,630 (24K), ₹89,500 (22K)
  • Kolkata: ₹97,580 (24K), ₹89,450 (22K)
  • Bengaluru: ₹97,630 (24K), ₹89,500 (22K)
  • Hyderabad: ₹97,580 (24K), ₹89,450 (22K)
  • Gurugram: ₹97,630 (24K), ₹89,500 (22K)
  • Noida: ₹97,730 (24K), ₹89,600 (22K)

These rates reflect a unified upward trend that might not slow down soon.

Will Gold Touch ₹1 Lakh Experts Say Yes

Buy Now or Wait Gold Prices Near ₹1 Lakh, Shocking Nationwide Surge

Financial experts believe we’re not far from seeing gold cross ₹1 lakh per 10 grams. With global tensions, high demand, and a weak rupee, the path to ₹100,000 seems clearer every day. So, the question now isn’t if but when.

For some, it’s a call to invest before it’s too late. For others, it’s a pause, waiting for a possible correction. But emotions are running high, especially for those with weddings or major family functions lined up.

Gold has always been more than just a metal in Indian culture. It’s love. It’s security. It’s legacy. While prices might make you hesitate, tradition and emotion often take over logic. Whether you’re buying now or waiting, one thing is clear: gold is shining brighter than ever.

Disclaimer: Prices mentioned in this article are based on market trends as of April 19 and may vary due to local taxes, making charges, and city-specific factors. Always verify with your local jeweller before purchasing or investing.

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