Gold prices strengthened on April 1, 2026, climbing past the ₹1.50 lakh per 10 grams mark in the domestic market, while silver prices edged lower, highlighting a mixed trend in bullion.
On the MCX, gold futures traded in the range of ₹1.50–₹1.51 lakh per 10 grams, supported by a weaker US dollar and improving global sentiment. In the international market, prices remained firm near $4,700 per ounce, keeping the overall trend positive.
The rise in gold prices comes after recent volatility, as investors once again turned to the metal for safety. Expectations that geopolitical tensions in the Middle East may ease also helped stabilise sentiment, reducing fears of sharp inflation spikes and supporting bullion demand.
Silver, however, did not follow gold’s upward momentum. Prices on the MCX slipped to around ₹2.39 lakh to ₹2.45 lakh per kilogram, staying below the ₹2.50 lakh level. The decline is largely due to profit booking and concerns over industrial demand, which plays a significant role in silver pricing.
Market experts point out that gold and silver often move differently because of their distinct roles. Gold is primarily a store of value and safe-haven asset, benefiting during times of uncertainty. Silver, on the other hand, has a strong link to industrial activity, making it more sensitive to economic growth expectations.
The divergence seen in today’s trade reflects this contrast—investors are favouring gold for safety, while remaining cautious on silver due to demand concerns.
Looking ahead, analysts believe bullion prices may remain volatile. Factors such as global economic trends, currency movements, and geopolitical developments will continue to influence price direction in the coming sessions.
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