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Gold prices surged on March 27 as global uncertainties rose after US President Donald Trump announced fresh tariffs. According to the India Bullion and Jewellers Association, gold (999 purity) was trading at around Rs 87,955 per 10 gm on March 27.
Let’s check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country:
CityPrice of 22k gold
Price of 24k goldDelhiRs 82,500/10g
Rs 89,990/10gMumbaiRs 82,350/10g
Rs 89,840/10gChennaiRs 82,350/10g
Rs 89,840/10gKolkataRs 82,350/10g
Rs 89,840/10gBengaluruRs 82,350/10g
Rs 89,840/10gJaipurRs 82,500/10g
Rs 89,990/10gLucknowRs 82,500/10g
Rs 89,990/10gHyderabadRs 82,350/10g
Rs 89,840/10gAhmedabadRs 82,400/10g
Rs 89,890/10g
(as per data on Good Returns)
Gold’s April contracts on the Multi Commodity Exchange of India (MCX) traded at Rs 87,785 per 10 gram on March 27.
“Today, gold prices are likely to trade higher as investors drove towards safe haven assets for US President Donald Trump’s sweeping reciprocal tariff plans which they fear will fuel inflation and hinder economic growth,” Angel One said in its latest report.
Also read: Trump hits auto imports with 25 percent tariff starting next week
While 24-carat gold is a 100 percent pure form of gold with no trace of any other metal, the 22-carat variant has 91.67 percent pure gold along with some traces of alloyed metals like silver or copper.Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before making any investment decisions.