Gold and Silver Prices Rise Today Amid Market Volatility The prices of gold and silver saw a significant increase today, Friday, compared to the previous day, Wednesday. According to the Indian Bullion Jewellers Association, the rate of 24-carat gold rose to 157,043 rupees per 10 grams, up from 156,072 rupees per 10 grams recorded on Wednesday. This marks a rise of 971 rupees in the price of gold since the last update. The price of silver also surged, with the rate for 1 kilogram of silver reaching 263,966 rupees, up from 260,917 rupees per kilogram on Wednesday. The increase in silver prices amounted to 3,043 rupees per kilogram. The surge in gold and silver prices is attributed to ongoing uncertainties in global markets, particularly the unresolved tensions between Iran and the United States. Analysts suggest that these geopolitical factors have kept investors cautious, driving demand for safe-haven assets like gold and silver. Additionally, the recent rise in oil prices has further pressured inflation, making precious metals more attractive as a hedge against economic instability. The Indian government has also played a role in influencing the market. Earlier this week, the government increased the import duty on gold from 6% to 15%, aiming to curb domestic demand and stabilize the market. Prime Minister Narendra Modi has also urged citizens to avoid purchasing gold and silver for a year, citing concerns over the strong value of the US dollar against the Indian rupee. These measures have contributed to the fluctuating prices of gold and silver in the domestic market. Despite the recent upward trend, gold prices have remained within a narrow range of 156,000 to 158,000 rupees per 10 grams, while silver prices have fluctuated between 260,000 and 272,000 rupees per kilogram.#gold #iran #united_states #indian_bullion_jewellers_association #prime_minister_narendra_modti
Gold and Silver Prices Drop: Sudden Fall in Silver Prices, Gold Also Becomes Cheaper... 10 Gram Rate Drops to This Amount A significant decline in the prices of gold and silver was observed on Wednesday, with both precious metals experiencing sharp drops. The market saw an unexpected plunge in silver prices, which fell below the previous day’s closing level, while gold also lost value. The drop was particularly notable in the domestic market, where silver prices fell by over 4,000 rupees per kilogram, and gold prices dropped by more than 600 rupees for 10 grams of 24-karat gold. The decline in silver prices began after the market opened on Wednesday, with the price of silver falling from 2,72,628 rupees per kilogram to 2,66,200 rupees per kilogram. This represents a drop of 4,428 rupees per kilogram, marking a significant correction in the metal’s value. Over the past three trading days, silver prices have fallen by 5,646 rupees per kilogram, bringing the current price to 2,66,200 rupees per kilogram. This is a sharp decline from the January high of 4,57,328 rupees per kilogram, with silver now trading 1,91,128 rupees per kilogram lower than its peak. Gold prices also saw a decline, with the 10-gram 24-karat gold rate dropping from 1,57,616 rupees to 1,56,953 rupees. The drop in gold prices was even more pronounced for the 5 June expiry gold contract, which fell by 46,031 rupees from its high of 2,02,984 rupees. The domestic market mirrored these trends, with the Indian Bullion Jewellers Association (IBJA) reporting that the 10-gram 24-karat gold rate fell to 1,57,040 rupees, down from 1,57,611 rupees. Silver prices in the domestic market also dropped, with the rate falling to 2,61,710 rupees per kilogram from 2,66,213 rupees per kilogram.#gold #iran #united_states #strait_of_hormuz #indian_bullion_jewellers_association
Gold-Silver Rate: Silver 1.96 Lakh Cheaper Than High, 10 Gram Gold 50,000 Cheaper, Check New Rates The prices of gold and silver have experienced a notable surge in the past week, yet both remain significantly below their all-time highs. According to data from the Multi Commodity Exchange (MCX), silver prices have risen sharply, but they are still trading at a discount compared to their peak levels. Similarly, gold prices have climbed, though they remain far from their historical high. Silver prices, which reached a record high of ₹4,39,337 per kilogram, are currently trading at ₹2,39,934 per kilogram, a discount of ₹1,96,037. This decline from the all-time high is attributed to market dynamics and global economic factors. On April 2, 2026, silver was priced at ₹2,32,495 per kilogram, but by April 5, it had climbed to ₹2,43,300 per kilogram, reflecting a weekly increase of ₹10,805. Domestic markets also saw a rise, with silver prices moving from ₹2,27,813 to ₹2,39,934 per kilogram, an increase of ₹12,121. Gold prices, meanwhile, have also seen a weekly uptick. The 24-karat gold rate rose from ₹1,49,680 per 10 grams on April 2 to ₹1,52,690 per 10 grams by April 5, a gain of ₹3,010. Domestic markets mirrored this trend, with gold prices climbing from ₹1,46,608 to ₹1,50,330 per 10 grams. However, the current rate of ₹1,52,690 per 10 grams is still ₹50,294 below the all-time high of ₹2,02,984 per 10 grams. The article highlights the disparity between recent price movements and historical peaks. For instance, while silver prices have surged in the past week, they remain far from their previous record. Similarly, gold prices have risen but are still significantly lower than their peak.#silver #gold #multi_commodity_exchange #april_2026 #indian_bullion_jewellers_association
Gold and Silver Prices Drop Significantly From All-Time Highs Silver and gold prices have experienced notable declines from their peak levels in recent weeks. While the market saw fluctuations during the past week, silver remains significantly cheaper than its all-time high, with prices dropping by over ₹2.11 lakh per kilogram. Gold, too, has fallen below its previous high, with rates now approximately ₹55,000 lower than the peak. The domestic market for precious metals has seen consistent volatility. On the Multi Commodity Exchange (MCX), silver prices fluctuated during the week, closing at ₹2,27,750 per kilogram on Friday. This marks a decline of ₹10,717 compared to the previous week’s high of ₹2,32,364. Similarly, gold prices fell to ₹1,47,270 per 10 grams on Friday, down ₹717 from the previous week’s peak. The Indian Bullion Jewellers Association (IBJA) reports that gold prices in the domestic market have dropped by ₹4,276 per 10 grams over the past four trading days, while silver prices have fallen by ₹10,717 per kilogram. These figures reflect a broader trend of declining prices for both metals, despite occasional fluctuations. It is important to note that the rates provided by IBJA are standardized across the country, but additional costs such as 3% GST and making charges may vary by region, affecting the final price for consumers. For investors considering gold or silver ETFs, it is advisable to consult financial experts before making any decisions, as market conditions can change rapidly. (Additional content about other news topics, such as the Iran war, Hanuman Jayanti date, IPL 2026, and salary tax changes, is not part of the main article and has been excluded.)#gold_prices #multi_commodity_exchange #mcx #silver_prices #indian_bullion_jewellers_association
