![[Highlights] Gold, Silver Price Today: COMEX Gold prices climb to Rs., silver prices surge 7% to Rs. after US and Iran agree to two-week ceasefire; Check rates in Delhi, Mumbai, Chennai, Kolkata](https://assets-news-bcdn.dailyhunt.in/cmd/resize/800x450_75/fetchdata20/images/35/b9/94/35b994044cda19f07261671a7654d08c8c052f97f50ebd3947ad82e7907360c8.webp)
Gold Silver Price Today Live Updates: Gold and silver prices rose sharply on Wednesday after Donald Trump and Iran agreed to a two-week ceasefire to allow negotiations aimed at ending the US-Iran war, which has unsettled global markets.
Gold prices on COMEX jumped as much as 3.1% to move above USD 4,850 per ounce, adding to a 1.2% gain in the previous session. Silver prices on COMEX also climbed nearly 6.8% to USD 76.92 per ounce during Asian trading hours.
Gold prices have fallen about 10% and silver has dropped more than 17% since the conflict began at the end of February. However, prices have recovered slightly in recent days due to hopes of a ceasefire and expectations that slower global economic growth could balance higher interest rates.
US-Iran ceasefire update
Trump said the US agreed to stop military strikes for two weeks and had received a 10-point proposal from Iran, calling it a workable starting point for talks. His comments came after earlier warnings that Tehran must reopen the Strait of Hormuz or face possible US action.
In a social media post, Trump said he decided to pause the bombing campaign shortly before a self-imposed deadline, adding that reopening the Strait of Hormuz was a key condition. Iran said safe passage through the strait could be ensured for the two-week period.
Oil and dollar fall support gold
Oil prices dropped below USD 100 per barrel and the US dollar weakened, which supported gold prices because the metal is priced in dollars. Pakistan, acting as a mediator between United States and Iran, requested a two-week extension to allow diplomatic efforts to continue.
Iran's Supreme Security Council said talks with the US would start on 10 April in Islamabad after submitting its proposal through Pakistan. However, Iran stressed that the negotiations do not mean the conflict has ended and discussions will continue.
Gold and Silver Prices in India Today: Check Latest Rates in Major Cities
Gold and silver prices in India have been updated today, with gold rates slightly varying across major cities. Investors and buyers continue to monitor daily changes in precious metal prices due to global market trends and local demand.
Gold Price in India Today
Today's gold price in India stands at Rs 15,382 per gram for 24 karat gold (99.9% purity), Rs 14,100 per gram for 22 karat gold (91.6% purity), and Rs 11,537 per gram for 18 karat gold (75% purity).
Gold prices differ slightly between cities due to transportation costs, local taxes, and demand.
Gold Rates in Major Indian Cities (1 Gram)
| City | 24K Gold Today | 22K Gold Today | 18K Gold Today |
|---|---|---|---|
| Chennai | Rs 15,491 | Rs 14,200 | Rs 11,860 |
| Mumbai | Rs 15,382 | Rs 14,100 | Rs 11,537 |
| Delhi | Rs 15,397 | Rs 14,115 | Rs 11,552 |
| Kolkata | Rs 15,382 | Rs 14,100 | Rs 11,537 |
| Bangalore | Rs 15,382 | Rs 14,100 | Rs 11,537 |
| Hyderabad | Rs 15,382 | Rs 14,100 | Rs 11,537 |
| Kerala | Rs 15,382 | Rs 14,100 | Rs 11,537 |
| Pune | Rs 15,382 | Rs 14,100 | Rs 11,537 |
| Vadodara | Rs 15,387 | Rs 14,105 | Rs 11,542 |
| Ahmedabad | Rs 15,387 | Rs 14,105 | Rs 11,542 |
Silver Price in India Today
The price of silver in India today is Rs 260 per gram and Rs 2,60,000 per kilogram. Silver prices remain stable in most major cities, with slight increases in Chennai, Hyderabad, and Kerala.
Silver Rates in Major Indian Cities
| City | 10 Gram | 100 Gram | 1 Kg |
|---|---|---|---|
| Chennai | Rs 2,650 | Rs 26,500 | Rs 2,65,000 |
| Mumbai | Rs 2,600 | Rs 26,000 | Rs 2,60,000 |
| Delhi | Rs 2,600 | Rs 26,000 | Rs 2,60,000 |
| Kolkata | Rs 2,600 | Rs 26,000 | Rs 2,60,000 |
| Bangalore | Rs 2,600 | Rs 26,000 | Rs 2,60,000 |
| Hyderabad | Rs 2,650 | Rs 26,500 | Rs 2,65,000 |
| Kerala | Rs 2,650 | Rs 26,500 | Rs 2,65,000 |
| Pune | Rs 2,600 | Rs 26,000 | Rs 2,60,000 |
| Vadodara | Rs 2,600 | Rs 26,000 | Rs 2,60,000 |
| Ahmedabad | Rs 2,600 | Rs 26,000 | Rs 2,60,000 |
Why Gold and Silver Prices Change Daily
Gold and silver prices in India change every day due to several factors, including:
- Global market trends
- US dollar movement
- Inflation and interest rates
- Import duties and taxes
- Local demand during festivals and wedding season
Should You Buy Gold or Silver Now?
Experts suggest that buyers should track daily price movements and invest based on long-term goals. Gold is often seen as a safe investment, while silver is popular for both investment and industrial use.