Gold Price Today April 2 2026: 22K 24K Rate Delhi Mumbai Chennai Kolkata
Live Updated: April 1, 2026 • 8:50 PM IST
Gold prices in India continue to trade at elevated levels on Wednesday, April 2, 2026, after a strong rebound in global markets. International spot gold surged over 2.8 percent in the latest session to trade near $4,654 per ounce, driven by safe haven demand amid ongoing geopolitical tensions in West Asia.
In the domestic market, 24 karat gold is trading around ₹14,952 per gram while 22 karat gold used in most jewellery is priced near ₹13,706 per gram. Gold prices in India have climbed approximately ₹1,250 per 10 grams compared to last week, following the recovery in international rates after a volatile March that saw the steepest monthly decline since 2008.
City Wise Gold Price Today April 2 2026
Gold rates vary slightly across Indian cities due to regional taxes, local demand, and transportation costs. Here are the latest 24K and 22K gold prices per 10 grams in major cities.
Delhi: 24K ₹1,49,670 and 22K ₹1,37,210. Mumbai: 24K ₹1,49,520 and 22K ₹1,37,060. Chennai: 24K ₹1,49,210 and 22K ₹1,36,990. Kolkata: 24K ₹1,49,520 and 22K ₹1,37,060. Bengaluru: 24K ₹1,49,520 and 22K ₹1,37,060. Hyderabad: 24K ₹1,46,920 and 22K ₹1,34,750.
Note: Prices may vary slightly depending on local jewellers and making charges. These rates are indicative and based on bullion market data.
Silver Price Today April 2 2026
Silver is trading at approximately ₹2,55,000 per kilogram in the domestic bullion market. Silver 925 (sterling silver) is priced around ₹2,44,000 per kilogram.
Why Gold Prices Are Rising in April 2026
The current rally in gold prices is driven by several factors. Ongoing geopolitical uncertainty in West Asia continues to boost safe haven demand for precious metals globally. A slight softening of the US dollar has made gold more attractive for buyers holding other currencies.
Analysts suggest that market attention is shifting toward the Federal Reserve’s future interest rate trajectory, with expectations of a potential rate cut supporting gold prices further. India imports a significant portion of its gold requirement, making domestic prices sensitive to international price movements and rupee to dollar exchange rate fluctuations.
Official reference: Reserve Bank of India: rbi.org.in
Should You Buy Gold Now
Gold has historically served as a reliable hedge against inflation and currency depreciation. With prices recovering from their March dip, financial advisors suggest that investors consider gold as part of a diversified portfolio rather than making lump sum purchases at current highs. Sovereign Gold Bonds (SGBs) issued by the Reserve Bank of India remain a tax efficient way to invest in gold without holding physical metal.
Official source: RBI Sovereign Gold Bond Scheme: rbi.org.in
This article will be updated with the latest evening rates as markets close today. Gold prices are also affected by several financial rule changes that took effect from April 1, including the new Income Tax Act and revised banking policies. Read our full coverage: 7 Money Rules Changing From April 1 2026.
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