Gold and silver prices in India on April 25, 2026, remained largely steady, showing only mild fluctuations across key cities.
This comes even as global markets reacted to geopolitical tensions in West Asia and mixed cues from the US dollar.
Despite being traditional safe-haven assets, precious metals did not witness a sharp rally, suggesting cautious investor sentiment and stable domestic demand.
According to the latest retail rates, 24-carat gold is trading at approximately ₹15,420 per gram, while 22-carat gold is priced around ₹14,136 per gram.
Gold prices in India are primarily driven by global bullion trends, movements in the rupee against the US dollar, import duties, and seasonal demand.
With wedding and festive buying picking up in some regions, steady retail demand has helped prevent any sharp decline in prices.
Gold prices in major cities (per gram)
| City | 24K Gold (₹) | 22K Gold (₹) |
| Delhi | Rs 15,420 per gram | Rs 14,136 per gram |
| Mumbai | Rs 15,405 per gram | Rs 14,121 per gram |
| Chennai | Rs 15,381 per gram | Rs 14,099 per gram |
| Kolkata | Rs 15,405 per gram | Rs 14,121 per gram |
Silver, on the other hand, is hovering near ₹2,59,800 per kilogram in the domestic bullion market. Prices vary slightly between cities due to local levies, transport costs, and jewellers' margins.
Silver continues to trade at relatively high levels compared to its historical averages, supported by both industrial usage and investment demand. However, it remains more volatile than gold, as it is closely linked to global manufacturing trends and economic conditions.
Silver prices in major cities
| City | Silver (₹ per 10 gm) |
| Delhi | Rs 2598 per 10 grams |
| Mumbai | Rs 2598 per 10 grams. |
| Chennai | Rs 2598 per 10 grams |
| Kolkata | Rs 2598 per 10 grams. |
Throughout April 2026, gold prices have largely stayed within a broad range of ₹15,000 to ₹15,400 per gram for 24-carat purity, while 22-carat gold has been quoted between ₹14,000 and ₹14,100 per gram. Silver prices have fluctuated between ₹2,50,000 and ₹2,65,000 per kilogram, reflecting ongoing volatility. Among major cities, Chennai has typically recorded slightly higher rates.
After a sustained rally earlier in the month, gold saw a brief correction around April 20 due to profit booking and shifting geopolitical signals.
Meanwhile, silver has maintained its upward momentum, with global institutions like JP Morgan projecting strong price trends through 2026, driven by robust industrial demand and bullish long-term outlooks.
Overall, precious metal prices remain sensitive to global economic developments, including inflation trends, currency movements, and geopolitical risks, resulting in frequent short-term fluctuations.