Gold Prices Hit ₹1 Lakh! How Gold Prices Doubled in Just 7 Years?

The price of 24 carat gold reached ₹ 99,800 per 10 grams on April 21. It is estimated that by April 22, the price of 24 carat gold will be ₹ 1 lakh per 10 grams. Read more on Dynamite News

Post Published By: Dynamite News
Updated : 22 April 2025, 11:11 AM IST
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New Delhi: The price of gold is continuously breaking its record. The main reason for this is being attributed to the ongoing global uncertainty between China and America.

The price of 24 carat gold reached ₹ 99,800 per 10 grams on April 21. It is estimated that by April 22, the price of 24 carat gold will be ₹ 1 lakh per 10 grams. According to Dynamite News correspondent, today the price of 24 carat gold has increased by ₹ 1,650.

The price of 24 carat gold in the bullion market (All India Sarafa Association) is ₹ 99,800 per 10 grams, which means that there is only a difference of ₹ 200 in touching the figure of ₹ 1 lakh.

Earlier, the price of 24 carat gold in the bullion market was ₹ 98,150 per 10 grams, and gold prices fell by ₹ 20 per 10 grams. The price of gold in the local market was ₹ 99,300 per 10 grams, which has now increased to ₹ 99,800.

US President Donald Trump has put a 90-day ban on tariffs, although it has not been completely abolished. With this, concerns are constantly increasing at the global level. Now let us understand what kind of fluctuations have been seen in gold prices in the last few years:

  • Year 2025 (till 22 April): ₹99,590 per 10 grams
  • Year 2024: ₹78,245
  • Year 2023: ₹63,203
  • Year 2022: ₹55,171
  • Year 2021: ₹48,990
  • Year 2020: ₹50,151 (which has doubled by 2025)
  • Year 2019: ₹39,108
  • Year 2018: ₹31,391

It is clear from these figures that gold prices are continuously increasing. Currently, economic uncertainty has increased all over the world due to the tariff war between America and China, which is directly affecting the price of gold.

Investors are turning to gold as a safe investment, due to which its demand and prices are continuously going up.

Although there was some relief a few days ago due to the 90-day ban on tariffs by US President Donald Trump, the China-US tension has not ended completely. Due to this, gold prices are still seeing a rise.

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