The market of gold and silver in India was relatively stable on April 19 which was on the auspicious day of Akshaya Tritiya a festival related with purchasing precious metals. With the recent fluctuation of the international markets, the domestic bullion rates were not much affected and gold was still trading at a comfortable above ₹1.5 lakh per 10 grams.
Retail demand will continue to be high during the day, with prices remaining high, a combination of festive purchasing and wary investor attitude.
Gold prices are strong at all levels of purity
The prices of gold in the domestic market experienced little movement as compared to the last session. The benchmark 24K gold is still hanging on the recent highs, and 22K and 18K parts are steady, which does not bring much relief to buyers.
| Purity | Price per gram | Price per 10 grams |
|---|---|---|
| 24K (99.9%) | ₹15,580 approx | ₹1,55,800 approx |
| 22K (91.6%) | ₹14,199 | ₹1,41,992 |
| 18K (75%) | ₹11,600 approx | ₹1,16,000 approx |
Note: Prices do not include 3% GST and making charges.
There is slight fluctuation in city-wise gold rates
In key cities of India, the price of gold is strongly fixed on the national price index with minor variations based on the local demand, logistics and dealer markups.
24K Gold Price (per 10 grams)
| City | Price |
|---|---|
| Delhi | ₹1,55,830 |
| Mumbai | ₹1,55,780 |
| Chennai | ₹1,56,660 |
| Kolkata | ₹1,55,780 |
| Bengaluru | ₹1,55,780 |
| Hyderabad | ₹1,55,780 |
| Ahmedabad | ₹1,55,830 |
| Jaipur | ₹1,55,830 |
| Lucknow | ₹1,55,830 |
22K Gold Price (per 10 grams)
| City | Price |
|---|---|
| Delhi | ₹1,42,920 |
| Mumbai | ₹1,41,992 |
| Chennai | ₹1,43,600 |
| Kolkata | ₹1,42,800 |
| Hyderabad | ₹1,42,800 |
Cities in the south such as Chennai are still trading at a slight premium indicating a higher demand of Jewellery.
Silver prices are stable at recent strongs
Silver prices also remained firm during Akshaya Tritiya, after experiencing sudden gains and losses in the first half of this month. The metal is still high, especially in the southern markets which are traditionally more in demand.
Silver Price Today (19 April 2026)
| Category | Price |
|---|---|
| Per gram | ₹259.21 |
| Per 10 grams | ₹2,592 |
| Per kilogram | ₹2,59,210 |
City-wise Silver Rate (per kg)
| City | Price |
|---|---|
| Delhi | ₹2,59,210 |
| Mumbai | ₹2,75,000 |
| Kolkata | ₹2,75,000 |
| Bengaluru | ₹2,75,000 |
| Ahmedabad | ₹2,75,000 |
| Hyderabad | ₹2,80,000 |
| Chennai | ₹2,80,000 |
Around ₹5,000- 20,000 per kg is again a premium in the southern parts over the northern markets.
Akshaya Tritiya buying muhurat and demand outlook
The Akshaya Tritiya is regarded as one of the favourable days to buy gold and silver since it is believed to bring prosperity in the long run. This year, Tritiya Tithi starts on April 19, 10.49 AM and concludes on April 20, 7.27 AM.
Shubh Muhurat (City-wise)
| City | Timing |
|---|---|
| Delhi/NCR | 10:49 AM – 12:20 PM |
| Mumbai | 10:49 AM – 12:38 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 |
The high prices and the spirit of the season are forcing buyers to juggle between expensive prices and festivity, and jewellers around the nation are anticipating high footfall, particularly of coins, bars, and lightweight jewellery.
What the buyers are to remember
The headline prices show to be the same, but the true cost of the purchase is more as a result of other charges:
- Value of gold and silver taxed at 3% GST.
- Charging (5-35% on gold jewellery)
- City based premiums.
Other options such as Gold ETFs and Sovereign Gold Bonds are also being considered by many investors in order to avoid these extra expenses.
As prices remain close to the record highs, consumers are now balancing between tradition and price. A slight dip has stimulated buying, but the bigger picture is solid with some indicators across the world and central bank purchasing, and the ongoing festival buying.
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