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Spot gold hits $3,240/oz as global trade war intensifies

The New Indian Express Dharmapuri

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April 12, 2025

As the trade war is taking murkier turns by the day, the safe haven rush for gold has taken the spot price of the yellow metal to a new high on Friday.

- BEN KOCHUVEEDAN @ Mumbai

The mid-day price of the metal crossed the $3240/ounce mark in the US market. In the domestic markets, retail prices of 24-carat gold varied from ₹91,820/10 gram in Kerala to ₹92,870/g in Delhi.

In Mumbai, 24 carat gold was trading at ₹92,660. For 22 carat, the price was at ₹88,250/ 10 gram in Delhi and Mumbai, while it was ₹87,450 in Kerala.

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