Gold and silver prices fell on Friday, April 10, 2026, due to weak global signals and cautious mood in the market.
Gold prices saw a small drop of about ₹10, trading near ₹1,51,470 per 10 grams in India. Silver prices, however, fell more sharply by around ₹2,000 per kilogram, trading close to ₹2.54–2.55 lakh per kg.
The fall in prices is mainly due to uncertainty in global markets. Ongoing geopolitical tensions and mixed economic signals have made investors cautious. This has reduced demand for precious metals in the short term.
On the Multi Commodity Exchange (MCX), both gold and silver opened lower, reflecting weak sentiment. Experts say that while gold is usually considered a safe investment during uncertain times, its price can still move up or down based on global factors like the US dollar, crude oil prices, and overall investor mood.
In Indian cities, prices of 24K, 22K, and 18K gold also saw slight declines. Silver prices followed the same trend across markets, giving some relief to buyers.
Analysts believe that the recent fall is also due to profit booking, as prices had risen earlier. Investors are now booking gains, which is adding pressure on prices.
Even though prices have fallen, experts say gold may remain strong in the long term because global risks and inflation concerns still exist. However, in the short term, prices may continue to fluctuate depending on international developments.
Also Read: Sensex jumps 820 points, Nifty above 24,050