Gold Prices Ease for Third Day, Silver Falls Sharply by ₹10,000 per kg in Bullion Market
India’s bullion market recorded a mixed trend on Tuesday, with gold prices edging lower for the third consecutive session while silver registered a sharp decline of up to ₹10,000 per kilogram, according to market data from major trading centres.
The correction comes amid ongoing volatility in global commodity markets, influencing domestic price movements across cities.
Key Highlights
- Gold prices declined marginally for the third straight session
- Silver dropped sharply by up to ₹10,000 per kg
- Prices remained largely aligned across major cities
- Market volatility linked to global economic and geopolitical factors
Gold and Silver Price Trends
In Delhi’s bullion markets, 24-carat gold was trading in the range of ₹1,55,270 to ₹1,55,980 per 10 grams. The 22-carat variant was priced between ₹1,42,330 and ₹1,42,980 per 10 grams.
Silver saw a sharper correction, with prices falling to around ₹2,64,900 per kilogram, making it the most significant mover in the session.
City-Wise Price Snapshot
Gold prices remained broadly consistent across major urban centres.
- In Mumbai, 24-carat gold was quoted at ₹1,55,270 per 10 grams, while 22-carat stood at ₹1,42,330.
- Ahmedabad reported similar levels, with slight variations.
- Chennai recorded comparatively higher prices, with 24-carat gold near ₹1,55,980 and 22-carat at ₹1,42,980.
- Kolkata and Bengaluru prices aligned closely with Mumbai benchmarks.
Other cities such as Lucknow, Jaipur, Bhopal, Patna, Hyderabad, and Bhubaneswar also reflected similar pricing trends, indicating a largely uniform national market movement.
Market Context
Gold and silver prices in India are influenced by a combination of global factors, including international bullion rates, currency fluctuations, and geopolitical developments. Domestic demand, particularly from the jewellery sector, also plays a role.
A decline in prices after recent highs often leads to increased buying interest, especially among retail consumers and jewellers.
Public Impact
For consumers, the marginal drop in gold prices may provide a limited opportunity for purchases, particularly ahead of wedding or festive demand cycles.
The sharp fall in silver prices could encourage higher buying interest among investors and industrial users, as silver is widely used in manufacturing, electronics, and jewellery.
The current trend reflects short-term volatility in the bullion market, with gold showing relative stability compared to silver’s sharper correction. Market participants are expected to closely monitor global cues in the coming days, which will likely determine the direction of precious metal prices in the near term.
Inputs & Images: Hindusthan Samachar
Edited by: Pushkarini AnnabathulaAlso Read : CTET RESULT 2026 EXPECTED SOON: CBSE LIKELY TO ANNOUNCE FEBRUARY EXAM RESULTS ON OFFICIAL WEBSITEAdd republicpost.in as preferred source on google – Click Here
Last Updated on: Wednesday, April 22, 2026 3:15 pm by Pushkarini Annabathula | Published by: Pushkarini Annabathula on Wednesday, April 22, 2026 3:15 pm | News Categories: Latest
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