logo
Gold prices today in your city: Check rates in Mumbai, Delhi, Chennai, Hyderabad, Bengaluru and Kolkata on April 22

Gold prices today in your city: Check rates in Mumbai, Delhi, Chennai, Hyderabad, Bengaluru and Kolkata on April 22

Business Upturn22-04-2025
By Aditya Bhagchandani Published on April 22, 2025, 10:44 IST
Gold prices surged to fresh record highs across India on April 22, 2025, amid growing global economic uncertainty, trade tensions, and a weakening dollar. As investors increasingly turn to safe haven assets, gold has climbed over 25% year-to-date.
At 9:10 AM, MCX Gold hit an all-time high of ₹98,900 per 10 grams, rising by ₹1,621 on the day. Silver followed suit, with MCX Silver jumping ₹508 to ₹95,755 per kg. According to the Indian Bullion Association (IBA), 24-carat gold was priced at ₹97,560 per 10 grams, and 22-carat gold stood at ₹89,430 per 10 grams as of 7 AM. Silver (999 Fine) was quoted at ₹95,720 per kg.
Check gold and silver prices in major cities on April 22 below: Gold and Silver Prices – City-wise Breakdown
Mumbai Gold bullion: ₹97,380/10 gm
MCX Gold: ₹98,900/10 gm
Silver bullion: ₹95,540/kg
MCX Silver 999: ₹95,755/kg
Chennai Gold bullion: ₹94,750/10 gm
MCX Gold: ₹98,900/10 gm
Silver bullion: ₹95,460/kg
MCX Silver 999: ₹95,755/kg
Kolkata Gold bullion: ₹94,350/10 gm
MCX Gold: ₹98,900/10 gm
Silver bullion: ₹95,820/kg
MCX Silver 999: ₹95,755/kg
Hyderabad Gold bullion: ₹97,540/10 gm
MCX Gold: ₹98,900/10 gm
Silver bullion: ₹95,690/kg
MCX Silver 999: ₹95,755/kg
Bengaluru Gold bullion: ₹94,460/10 gm
MCX Gold: ₹98,900/10 gm
Silver bullion: ₹95,620/kg
MCX Silver 999: ₹95,755/kg
New Delhi Gold bullion: ₹94,260/10 gm
MCX Gold: ₹98,900/10 gm
Silver bullion: ₹95,380/kg
MCX Silver 999: ₹95,755/kg
As the global trade war deepens and inflation concerns persist, analysts expect the demand for gold and silver to remain elevated in the near term.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Kotak Mahindra Bank Q1 results: Net profit down 47% YoY to Rs 3,282 crore, GNPA at 1.48% vs 1.39% QoQ
Kotak Mahindra Bank Q1 results: Net profit down 47% YoY to Rs 3,282 crore, GNPA at 1.48% vs 1.39% QoQ

Business Upturn

timea day ago

  • Business Upturn

Kotak Mahindra Bank Q1 results: Net profit down 47% YoY to Rs 3,282 crore, GNPA at 1.48% vs 1.39% QoQ

Kotak Mahindra Bank reported a 47.5% year-on-year (YoY) decline in net profit for the quarter ended June 30, 2025, with Q1 FY26 profit standing at Rs 3,281.68 crore compared to Rs 6,249.82 crore in Q1 FY25. The sharp fall is primarily due to the absence of exceptional gains booked in the same quarter last year. Net Interest Income (NII) grew 6% YoY to Rs 7,259 crore from Rs 6,843 crore, reflecting steady growth in lending and core banking operations. Total income rose to Rs 16,916 crore from Rs 15,675 crore YoY. Operating profit (before provisions) rose to Rs 5,563.69 crore from Rs 5,254.11 crore in the previous year. Provisions and contingencies, however, jumped to Rs 1,207.76 crore from Rs 578.48 crore YoY, impacting the bank's profitability. Asset quality weakened slightly: Gross NPA: Rs 6,637.70 crore (1.48%) vs Rs 5,477.15 crore (1.39%) QoQ Net NPA: Rs 1,530.93 crore (0.34%) vs Rs 1,376.33 crore (0.35%) QoQ Despite steady growth in core income, the YoY profit decline was driven by the high base effect of last year's Rs 3,519.90 crore exceptional gain. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

J&K Bank Q1 results: Net profit up 17% YoY to Rs 485 crore, NII grows 7%
J&K Bank Q1 results: Net profit up 17% YoY to Rs 485 crore, NII grows 7%

Business Upturn

time2 days ago

  • Business Upturn

J&K Bank Q1 results: Net profit up 17% YoY to Rs 485 crore, NII grows 7%

Jammu & Kashmir Bank reported its #Q1Results with a strong performance in profitability and stable asset quality. The bank posted a net profit of Rs 484.84 crore for the April–June quarter of FY26, marking a 16.7% year-on-year increase from Rs 415.49 crore in Q1 FY25. The improvement came despite a one-time impairment provision of Rs 87 crore related to its investment in J&K Grameen Bank post-amalgamation. Without this impact, YoY profit growth would have exceeded 30%, the bank noted. Net interest income (NII) rose 7% to Rs 1,465 crore from Rs 1,369 crore, while other income jumped 29% to Rs 250 crore. Operating profit also saw a 13% rise, coming in at Rs 673 crore. Gross NPA improved to 3.50% YoY (though slightly up sequentially from 3.37%), while Net NPA remained stable at 0.82%. The NPA Coverage Ratio remained strong at above 90%. The bank's deposits grew 12% YoY to Rs 1.49 lakh crore, and net advances rose 6% to Rs 1.01 lakh crore. CASA ratio stood at 45.71%, while Return on Assets (RoA) improved to 1.17%. Capital Adequacy Ratio (CAR) was reported at 15.98%, giving the bank a strong buffer for future growth. MD & CEO Amitava Chatterjee stated the bank is witnessing improving ground conditions and remains focused on expanding Rest of India operations and digital capabilities. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

SAIL Q1 Results: Net profit surges over 800% YoY to Rs 744.58 crore, Revenue up 8% to Rs 25,921
SAIL Q1 Results: Net profit surges over 800% YoY to Rs 744.58 crore, Revenue up 8% to Rs 25,921

Business Upturn

time2 days ago

  • Business Upturn

SAIL Q1 Results: Net profit surges over 800% YoY to Rs 744.58 crore, Revenue up 8% to Rs 25,921

Steel Authority of India Limited (SAIL) reported a sharp turnaround in its financial performance for the quarter ended June 30, 2025. The company posted a consolidated net profit of Rs 744.58 crore in Q1 FY26, a staggering 810% increase compared to Rs 81.78 crore in the same quarter last year. Revenue from operations for the quarter rose 8% year-on-year to Rs 25,921.76 crore, up from Rs 23,997.81 crore in Q1 FY25. Including other income, total income stood at Rs 26,083.90 crore. SAIL's expenses were reported at Rs 25,189.96 crore for the quarter, marginally higher than Rs 23,871.60 crore in the corresponding period last year. Profit before tax came in at Rs 967.81 crore versus Rs 98.09 crore YoY. The improvement in profitability was driven by better inventory efficiency, a fall in material costs, and higher sales volumes. Share of profit in investments accounted using the equity method stood at Rs 73.10 crore for Q1 FY26. The company's PAT also improved sequentially, although it was lower than Q4 FY25's Rs 1,250.90 crore due to higher tax outgo and depreciation costs. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store