Gold Prices Fall Across India; Silver Remains Steady in Domestic Bullion Markets
Gold prices declined in India’s domestic bullion markets on Wednesday, with rates falling by ₹750 to ₹820 per 10 grams across major cities. In contrast, silver prices remained unchanged for the third consecutive session, reflecting steady demand conditions.
Key Highlights
- 24-carat gold prices dropped to a range of ₹1,49,830–₹1,49,980 per 10 grams
- 22-carat gold traded between ₹1,37,340–₹1,37,490 per 10 grams
- Silver prices held steady at ₹2,49,900 per kilogram
- Price trends remained consistent across major metropolitan markets
Price Trends Across Cities
According to market data, gold prices showed a uniform decline across key urban centres.
In Delhi, 24-carat gold was priced at ₹1,49,980 per 10 grams, while 22-carat gold stood at ₹1,37,490. Mumbai, Chennai, and Kolkata reported similar levels, with 24-carat gold around ₹1,49,830 and 22-carat at ₹1,37,340.
Other cities, including Ahmedabad, Bhopal, Patna, Lucknow, and Jaipur, recorded prices within the same range, indicating a broad-based downward trend in gold rates nationwide.
Silver Prices Hold Firm
Unlike gold, silver prices remained unchanged at ₹2,49,900 per kilogram in the Delhi bullion market. The stability suggests balanced demand from both industrial users and investors, even as gold prices softened.
Official Market View
Market observers attribute the fall in gold prices to shifting global sentiment, including reduced safe-haven demand. A perceived easing in geopolitical tensions has led some investors to move away from gold, traditionally seen as a hedge during uncertainty.
Context and Background
Gold and silver prices in India are influenced by international market trends, currency fluctuations, import duties, and domestic demand. Gold often reacts more sharply to global cues, especially changes in risk sentiment, inflation expectations, and interest rates.
Silver, on the other hand, has a dual role as both an investment asset and an industrial metal, which can help stabilise its prices during periods of volatility in gold.
Public Impact
The decline in gold prices may offer a window of opportunity for consumers planning purchases, particularly ahead of wedding and festive seasons when demand typically rises.
For investors, the current trend signals a potential shift in short-term market dynamics, prompting closer monitoring of global developments before making buying decisions.
While gold prices have softened across India’s bullion markets, silver continues to hold steady. Market participants are likely to watch global cues closely in the coming days, as further movement in prices will depend on evolving economic and geopolitical conditions.
Inputs & Images: Hindusthan Samachar
Edited by: Pushkarini Annabathula
Also Read : CTET RESULT 2026 EXPECTED SOON: CBSE LIKELY TO ANNOUNCE FEBRUARY EXAM RESULTS ON OFFICIAL WEBSITE
Add republicpost.in as preferred source on google – Click Here
Last Updated on: Wednesday, April 8, 2026 3:40 pm by Pushkarini Annabathula | Published by: Pushkarini Annabathula on Wednesday, April 8, 2026 3:40 pm | News Categories: Latest
About The Author
