Gold and silver prices remained steady with slight gains in the domestic market today. Gold prices rose marginally by ₹10 to ₹1,53,830 per 10 grams, holding firmly above the ₹1.5 lakh level. Silver also moved higher, gaining ₹100 to trade at ₹2,60,100 per kilogram, reflecting stable demand and supportive international cues.
The rise in bullion prices comes at a time when safe-haven demand has slightly weakened following a temporary ceasefire between the United States and Iran. The development has reduced immediate global uncertainty, limiting sharp upward movement in gold, which is typically seen as a safe investment during crises.
However, prices have not fallen significantly. Analysts say this is because investors remain cautious amid ongoing global uncertainties. Factors such as currency movements, inflation concerns, and central bank policies continue to support gold at elevated levels.
Silver prices, meanwhile, are being supported not only by investment demand but also by industrial usage. Demand from sectors such as manufacturing and electronics has helped keep silver prices resilient, even when broader market sentiment shifts.
In major Indian cities, bullion prices remained largely uniform, with only minor differences due to local taxes and demand conditions. Jewellers reported steady retail demand, which has also helped stabilise prices in the domestic market.
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