Gold and Silver Prices Remain Steady on Akshay Tritiya in Key Indian Cities
Gold Prices in India Stay Steady Ahead of Akshaya Tritiya
Gold prices in India's retail market remained largely unchanged on Sunday, April 19, with only slight movement in 24-carat and 22-carat rates. The Multi-Commodity Exchange of India (MCX) reported that gold continued to trade above ₹1.5 lakh based on the previous closing levels.
According to the Indian Bullion Association (IBA), the price of 24-karat gold in India stood at ₹154,900 per 10 grams at 6:15 am on Sunday. Meanwhile, 22-karat gold was priced at ₹141,992 per 10 grams in the retail market. Silver 999 Fine was priced at ₹259,210 per 1 kg.
It is essential for retail buyers to note that jewellers often include making charges, taxes, and GST, which can raise the final cost of gold.
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| City | 24-Karat Gold Rate (₹/10 gm) | 22-Karat Gold Rate (₹/10 gm) | Silver 999 Fine Rate (₹/1 kg) |
|---|---|---|---|
| Mumbai | 155,780 | 142,800 | 275,000 |
| Delhi | 155,930 | 142,920 | 275,000 |
| Ahmedabad | 155,830 | 142,850 | 275,000 |
| Bengaluru | 155,780 | 142,800 | 275,000 |
| Kolkata | 155,780 | 142,800 | 275,000 |
| Hyderabad | 155,780 | 142,800 | 280,000 |
| Chennai | 156,660 | 143,600 | 280,000 |
Akshaya Tritiya, traditionally considered an auspicious day for purchasing gold and silver, is widely associated with acquiring lasting and growing wealth. According to Drik Panchang, the Tritiya Tithi begins at 10:49 am on April 19 and ends at 7:27 am on April 20. The auspicious timings for prayers and purchases vary slightly across cities:
- Delhi/NCR: 10:49 am – 12:20 pm
- Mumbai: 10:49 am – 12:38 pm
- Pune: 10:49 am – 12:34 pm
- Ahmedabad: 10:49 am – 12:39 pm
- Jaipur: 10:49 am – 12:26 pm
- Chandigarh: 10:49 am – 12:22 pm
- Kolkata: 10:49 am – 11:36 am
- Chennai: 10:49 am – 12:08 pm
- Bengaluru: 10:49 am – 12:19 pm
- Hyderabad: 10:49 am – 12:15 pm
Many people also consider it an auspicious occasion to start new ventures, including launching businesses, making investments, or buying property.
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