![[LIVE UPDATES] Gold, Silver Prices Today, 6 April 2026: Gold, Silver rates remain volatile amid Middle East tensions, Gold is trading at Rs., Silver at Rs.; Check rates in Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Lucknow](https://assets-news-bcdn.dailyhunt.in/cmd/resize/800x450_75/fetchdata20/images/76/d7/16/76d71665208320395f64ce1cf58301847772251352da5d566fac13e5330a01bd.webp)
Gold and silver prices remain volatile as geopolitical tensions in the Middle East continue to affect global markets. The ongoing conflict and uncertainty involving the United States, Israel and Iran have created pressure on commodity markets, leading to fluctuations in bullion prices.
Investors are closely watching developments as threats and diplomatic tensions continue without clear signs of easing.
Gold and Silver Prices Slip on MCX
Gold futures on the Multi Commodity Exchange (MCX) closed slightly lower on Friday. The price of 24-carat gold fell by 0.02% and settled at Rs 1,49,650 per 10 grams. Silver witnessed a sharp decline, dropping 4.48% to close at Rs 2,32,600 per kilogram.
According to the Indian Bullion and Jewellers Association (IBJA), 24-carat gold prices had already slipped to Rs 1,46,608 per 10 grams by Thursday's market close, reflecting continued volatility in the bullion market.
Latest Gold and Silver Rates
As per GoodReturns data, gold and silver prices are currently trading at higher levels in the retail market. The price of 24-carat gold is around Rs 1,50,930 per 10 grams, while 22-carat gold is priced at Rs 1,38,350 per 10 grams. Silver is trading near Rs 2.55 lakh per kilogram.
These price movements show the impact of global tensions and strong investment demand in precious metals.
Market Outlook for This Week
Market analysts expect gold and silver to trade within a limited range this week but with a slightly positive trend. Investors are likely to focus on geopolitical developments in West Asia and major global economic indicators for further direction.
The upcoming Reserve Bank of India (RBI) monetary policy decision will also play an important role in shaping market sentiment and influencing bullion prices in the coming days.
Experts Say Geopolitics Will Drive Prices
Pranav Mer, Vice President of Commodity and Currency Research at JM Financial Services, said that developments in the Gulf region will remain the key factor affecting gold and silver prices this week.
He explained that any increase or decrease in tensions could directly impact investor sentiment and lead to price movements. Market participants are also tracking global economic data such as services PMI, GDP figures, durable goods data, US personal consumption expenditure (PCE) index and inflation numbers.
He added that gold closed in a positive range for the second straight week, gaining nearly 4% on a weekly basis. Silver also followed the upward trend due to rising demand for both precious and industrial metals.
Global Uncertainty Continues
Choice Broking noted that uncertainty remains high after Iran rejected the US peace proposal and maintained control over the Strait of Hormuz. This has kept geopolitical risks elevated and supported safe-haven demand for gold.
Strong physical demand is also supporting prices. China's silver imports reached 206.76 tonnes in the first two months of 2026, the highest level in eight years, tightening global supply and pushing prices higher.
Gold Prices in Major Indian Cities
| City | 24K Gold (Rs/10g) | 22K Gold (Rs/10g) | 18K Gold (Rs/10g) |
|---|---|---|---|
| Delhi | 1,51,080 | 1,38,500 | 1,13,350 |
| Mumbai | 1,50,930 | 1,38,350 | 1,13,200 |
| Kolkata | 1,52,180 | 1,38,350 | 1,13,200 |
| Chennai | 1,52,180 | 1,39,500 | 1,16,350 |
| Lucknow | 1,51,080 | 1,38,500 | 1,13,350 |
| Patna | 1,50,980 | 1,38,350 | 1,13,250 |
| Jaipur | 1,51,080 | 1,38,500 | 1,13,350 |
| Indore | 1,50,980 | 1,38,400 | 1,13,250 |
| Bhopal | 1,50,980 | 1,38,500 | 1,13,250 |
Source: GoodReturns
Gold and Silver Deliver Strong Returns in FY 2025-26
Gold and silver delivered strong returns in the financial year 2025-26. Gold prices surged by Rs 57,350 per 10 grams, registering nearly 61% growth during the year.
Silver performed even better, rising by Rs 1,34,500 per kilogram, which represents a massive 131% increase. The strong rally was supported by geopolitical tensions, rising global demand, and supply shortages in key markets.