New Delhi, April 22 -- The escalating trade war between the United States and China is impacting global markets, pushing investors to secure their portfolios with safe-haven assets such as gold and silver.

On Tuesday, April 22, the 24-carat gold prices hit Rs.99,380/10 gm, according to data on the Indian Bullion Association (IBA) at 11.30 am. Meanwhile, the price of 22-carat gold was at Rs.91.098/10 gms.

Notably, for retail customers across major cities of the country, where gold prices have touched nearly Rs.99,500, you will pay Rs.1 lakh or more for 10 grams of gold after adding GST to the bill. GST applied on gold purchases in India is 3 per cent (comprising 1.5 per cent CGST and SGST each). Thus, for gold worth Rs.1 lakh, you will p...