Gold and silver prices have marked an increase today, reflecting a positive trend in international bullion markets fueled by a weakening US dollar. This rise follows comments from US President Donald Trump, which suggest a potential easing of tensions in the conflict with Iran, leading investors to seek safer asset options during the Asian trading hours.
Gold and Silver Prices Today
In India, gold and silver opened significantly higher on the Multi-Commodity Exchange (MCX) this Tuesday. MCX gold futures for April 2026 saw a rise of ₹1,492, equating to a 1.1% increase, bringing the total to ₹1,61,791 per 10 grams. Meanwhile, silver futures for May 2026 surged by ₹11,179, or 4%, reaching ₹2,78,339 per kg.
International Bullion Market Trends
Globally, spot gold has experienced a substantial gain, rising approximately 1% to $5,145 per ounce. Concurrently, spot silver climbed nearly 4% to $87.9 per ounce, indicating a stronger performance relative to gold. The weakening US dollar plays a crucial role here, as it makes dollar-denominated precious metals more affordable to international buyers.
Current geopolitical dynamics, particularly in the Middle East, coupled with rising crude oil prices, have sustained a demand for safe-haven assets. Investors remain cautious and are closely monitoring these developments.
Domestic Gold Prices Today
In India, the current gold rates are as follows:
| City | 24K Gold (per 10 grams) | 22K Gold (per 10 grams) |
|---|---|---|
| Delhi | ₹1,61,820 | ₹1,48,340 |
| Mumbai | ₹1,61,680 | ₹1,48,200 |
| Chennai | ₹1,63,630 | ₹1,48,200 |
| Hyderabad | ₹1,61,680 | ₹1,48,200 |
Prices for gold can fluctuate across cities due to local taxes and variations in demand for jewelry.
Silver Prices in India Today
Silver prices in major northern cities are currently listed as follows:
| City | Silver Price (per kg) |
|---|---|
| Delhi | ₹2,79,900 |
| Mumbai | ₹2,79,900 |
| Kolkata | ₹2,79,900 |
| Chennai | ₹2,90,000 |
| Hyderabad | ₹2,90,000 |
Southern cities like Chennai and Hyderabad generally see higher silver prices due to greater regional demand and increased logistics costs.
Overall, while both gold and silver prices have observed an upswing, the market remains sensitive to ongoing geopolitical developments and currency dynamics.
