Tag: SilverPricesToday

Gold and silver prices remained firm on April 29, 2026, as investors closely tracked the upcoming US Federal Reserve policy decision for signals on interest rates and inflation.

In the domestic market, gold traded near the ₹1 lakh per 10 grams level, while silver held above ₹1.13 lakh per kg. Precious metals stayed supported by global uncertainty, safe-haven demand and expectations that the US central bank may maintain current rates.

International markets moved cautiously as traders awaited comments from the Federal Reserve on future monetary policy. Gold typically benefits when interest rates remain low or when rate cuts are expected, as it does not generate fixed returns.

Meanwhile, India’s gold market witnessed a major shift in consumer behaviour during the January-March quarter. For the first time, investment demand for gold exceeded jewellery demand, showing that more Indians are now buying gold as a wealth-protection asset rather than only for ornaments.

According to industry estimates, India’s gold investment demand rose 52% year-on-year to 82 tonnes in the March quarter. Jewellery demand, however, fell nearly 20% to 66 tonnes as high prices reduced regular household purchases.

The rise in investment demand was driven by strong buying of gold bars, coins and exchange-traded funds (ETFs). Many retail and institutional investors turned to gold amid stock market volatility, inflation concerns and geopolitical tensions.

Despite the fall in jewellery purchases, India’s total gold consumption still increased by more than 10% during the quarter, reflecting continued interest in the precious metal.

Silver prices also remained steady, supported by industrial demand and global market caution. Analysts said silver may continue to track both precious metal sentiment and industrial growth expectations in coming months.

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Gold prices edged lower in the domestic bullion market on April 28, 2026, while silver also declined slightly, reflecting cautious sentiment and weak global trends.

According to market data, the price of 24-carat gold fell ₹10 to ₹1,53,700 per 10 grams, while 22-carat gold slipped to around ₹1,40,900 per 10 grams in major cities. Silver prices declined ₹100 to ₹2,59,900 per kilogram in the physical market.

The marginal fall in precious metal prices comes amid softer international bullion prices and investor caution ahead of major central bank policy decisions this week. Global gold prices remained under pressure as traders monitored inflation concerns and expectations that the US Federal Reserve may keep interest rates unchanged.

Rising crude oil prices have also become a key factor for bullion markets. Higher oil rates can fuel inflation fears, which generally support gold as a hedge. However, they can also strengthen expectations of prolonged higher interest rates, limiting upside in non-yielding assets like gold.

In India, jewellers said retail demand remains mixed, with consumers closely watching price movements after recent volatility. Buyers continue to prefer staggered purchases rather than aggressive fresh buying at elevated levels.

City-wise rates varied slightly depending on local taxes and logistics. In Delhi, 24-carat gold traded near ₹1,53,150 per 10 grams, while Mumbai and Kolkata remained close to ₹1,53,000 levels. Chennai prices were marginally higher.

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Gold prices remained close to record highs across India on Monday, April 27, while silver prices saw a slight dip as investors continued to track global developments and movement in commodity markets.

In major cities such as Delhi, Mumbai and Pune, 24-carat gold was priced at around ₹1.53 lakh per 10 grams, while 22-carat gold was trading near ₹1.40 lakh. Silver was quoted at about ₹2.46 lakh per kilogram in the retail market.

Traders said gold continues to attract buyers as it is traditionally seen as a safe investment during uncertain times. Ongoing geopolitical tensions and volatility in global markets have kept demand strong, helping prices stay firm at elevated levels.

At the same time, hopes of easing tensions in the Middle East prevented any sharp spike in prices. Market participants said investors are balancing risk concerns with expectations that diplomatic progress could reduce pressure on global markets.

Jewellers noted that domestic demand has become selective because of the steep rise in prices. Many retail buyers are purchasing smaller quantities or waiting for corrections before making large jewellery purchases.

Silver prices, meanwhile, remained under some pressure and slipped slightly compared to the previous session. Analysts said silver tends to be more volatile than gold because it is influenced not only by investment demand but also by industrial consumption trends.

Despite high prices, jewellers are expecting stronger footfalls in the coming days as Akshaya Tritiya and the wedding season approach. Both occasions are traditionally considered favourable for buying gold, which could support demand even at current levels.

Experts believe gold and silver may continue to witness sharp moves this week depending on global cues, especially developments in crude oil prices, currency markets and international political tensions.

For consumers planning to buy jewellery, traders advise checking purity, hallmark certification, making charges and GST before making purchases, as final prices vary from city to city and store to store.

Investors are also being advised to buy gradually rather than all at once, given the current volatility in bullion prices.

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Gold prices in India declined slightly on Thursday, April 23, while silver remained firm near ₹2.60 lakh per kilogram. The fall in gold prices comes amid global market uncertainty, rising crude oil prices and cautious buying by investors.

According to the latest retail rates, 24-carat gold was priced at around ₹1.53 lakh per 10 grams, while 22-carat gold stood near ₹1.40 lakh per 10 grams. The 18-carat variety was trading close to ₹1.15 lakh per 10 grams. Prices may differ slightly across cities due to local taxes and jewellery making charges.

In Delhi, 24-carat gold was quoted at around ₹1.55 lakh per 10 grams, making it one of the costliest markets in the country. The 22-carat rate in the capital was around ₹1.42 lakh per 10 grams. Mumbai and Kolkata saw slightly lower prices compared to Delhi, while Chennai remained among the higher-priced southern markets.

Silver prices stayed strong at around ₹2.60 lakh per kilogram despite recent volatility. Traders said silver continues to move sharply due to industrial demand and changing global market sentiment.

Experts said bullion prices have become volatile this week because of geopolitical tensions in West Asia and a rise in crude oil prices. Higher oil prices increase inflation worries, which usually supports gold demand as a safe-haven asset. However, some investors booked profits after recent record highs, limiting further gains.

Jewellers said customer demand is currently selective, with many buyers waiting for prices to stabilise before making large purchases. Retail demand is expected to improve during the upcoming wedding and festive season if rates ease further.

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Gold and silver prices edged lower in the domestic market on April 22, 2026, as investors opted for profit booking after recent fluctuations in global bullion trends. The decline comes despite continued underlying uncertainty in international markets that has kept precious metals volatile.

Gold prices dropped by ₹10, with 22-carat gold quoted at ₹1,55,280 per 10 grams. Silver also saw a mild correction, falling ₹100 to trade at ₹2,64,900 per kilogram. The movement reflects cautious sentiment among traders who are locking in gains after recent swings in global commodity prices.

Market participants attributed the dip primarily to short-term profit-taking. In recent sessions, both gold and silver had experienced sharp price movements due to geopolitical developments and shifting expectations around global interest rates. After such volatility, mild corrections are common as traders rebalance positions.

Analysts noted that while gold continues to enjoy structural support from safe-haven demand, especially amid geopolitical tensions and macroeconomic uncertainty, near-term price action is being driven by technical adjustments and profit booking. Silver, which has both industrial and investment demand, showed a similar but slightly more volatile reaction.

On the global front, bullion prices remain influenced by movements in the US dollar and bond yields. A stronger dollar or rising yields typically weigh on precious metals, while geopolitical risks and inflation concerns provide support.

In the Indian market, domestic prices are also shaped by import costs, currency fluctuations, and local demand trends. Despite the current dip, overall sentiment in the bullion market remains broadly stable, with investors closely tracking global cues for further direction.

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Gold and silver prices edged lower in the domestic market on Monday, giving slight relief to buyers after recent sharp movements in precious metals. The price of 24-carat gold fell by ₹10 to ₹1,55,770 per 10 grams, while silver dropped ₹100 to ₹2,74,900 per kilogram.

The price of 22-carat gold also declined by ₹10, with 10 grams trading at ₹1,42,790 in major cities. In Delhi, 24-carat gold was priced slightly higher at ₹1,55,920, while 22-carat gold stood at ₹1,42,940. Prices in Mumbai and Kolkata remained close to the national average, while Chennai continued to trade at a premium.

The fall in domestic prices followed weakness in international bullion markets. Global gold rates slipped as the US dollar strengthened, making gold more expensive for overseas buyers. A stronger dollar often puts pressure on gold prices because the metal is traded internationally in the US currency.

Investors also remained cautious due to ongoing geopolitical tensions and uncertainty in global markets. Concerns over inflation, interest rates and international conflicts continue to influence the movement of safe-haven assets such as gold.

Market experts said gold is facing mixed signals. On one hand, higher bond yields and a stronger dollar reduce its appeal because gold does not generate interest income. On the other hand, global uncertainty and inflation worries continue to support demand for the yellow metal.

Silver prices also moved lower in line with gold. Besides being a precious metal, silver is widely used in industrial sectors such as electronics, solar panels and manufacturing. Because of this, silver prices often react to both investment demand and economic growth expectations.

In India, jewellery demand has remained moderate as many consumers are delaying purchases due to high prices. Buyers are waiting for a bigger correction before making festive or wedding-related purchases. However, investment demand through bullion and digital gold products has remained steady.

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Gold and silver prices in India witnessed mixed movement on Friday, reflecting volatile trends in global commodity markets and shifting investor sentiment driven by geopolitical developments and currency movements.

According to market updates, gold prices continued their upward bias, supported by renewed safe-haven demand. Investors turned towards the yellow metal amid ongoing uncertainty linked to global geopolitical tensions, particularly expectations around easing US–Iran friction. This has kept inflation and interest-rate expectations in focus, indirectly supporting gold.

In domestic markets, gold prices on the Multi Commodity Exchange (MCX) traded higher, with the metal holding firm near recent elevated levels. Analysts said the firmness in gold is also being supported by a softer US dollar and stable international cues, which have made bullion more attractive for global investors.

In contrast, silver prices witnessed a decline, with the white metal slipping from recent highs due to profit booking. Traders also pointed to uneven industrial demand outlook as a key factor weighing on silver, which has a stronger link to manufacturing and electronics demand compared to gold.

Market experts noted that silver tends to be more volatile than gold, and recent price swings reflect this sensitivity. While long-term fundamentals remain supportive due to green energy and industrial usage, short-term corrections are being seen after sharp recent gains.

In India, retail bullion rates also showed city-wise variation, with 24K and 22K gold prices differing across major centres like Delhi, Mumbai, Chennai, and others. Silver rates similarly moved in line with MCX trends, remaining under pressure in some markets.

Analysts expect continued volatility in precious metals in the near term as traders closely monitor global inflation data, central bank policy signals, and geopolitical developments. However, gold is expected to remain supported on dips, while silver may continue to see sharper swings due to its dual nature as both a precious and industrial metal.

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Gold and silver prices in India recorded a sharp rise on 16 April 2026, tracking firm international trends and renewed safe-haven demand from investors.

In domestic trade, gold prices moved higher, with 24-carat gold hovering near ₹1.55 lakh per 10 grams, reflecting strong gains in both spot and futures markets. Silver also surged sharply, with rates crossing the ₹2.70 lakh per kilogram mark in some MCX-linked trading ranges, marking one of the stronger single-session up-moves in recent weeks.

The rally in bullion was supported by global factors, including a weaker US dollar and easing US Treasury yields, which improved demand for non-yielding assets like gold. Investors also increased exposure to precious metals amid continuing geopolitical uncertainty and expectations of shifting global interest rate trajectories.

Silver outperformed in percentage terms during parts of the session, supported by both industrial demand expectations and speculative buying in futures contracts. Analysts noted that silver tends to show sharper volatility compared to gold, leading to stronger upside moves during bullish phases.

On the domestic front, demand remained firm ahead of Akshaya Tritiya, a key seasonal buying period in India. Jewellers reported steady retail interest, with customers showing higher engagement in advance bookings and price-lock schemes despite elevated price levels.

On MCX, bullion futures remained firmly in positive territory throughout the session, with traders actively participating in both gold and silver contracts.

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