Bullion Watch: Gold Near ₹15,000, Silver Stable at ₹2.5 Lakh

On April 4, 2026, gold and silver prices in India reflected the ongoing volatility in global bullion markets, influenced by geopolitical tensions and currency fluctuations.

Bullion Watch: Gold Near ₹15,000, Silver Stable at ₹2.5 Lakh
Bullion Watch: Gold Near ₹15,000, Silver Stable at ₹2.5 Lakh

Gold prices remained steady but slightly lower compared to last week. In major cities such as Delhi, Mumbai, Kolkata, Chennai, and Bengaluru, the average price of 24K gold hovered around ₹14,900–15,100 per gram, while 22K gold was priced near ₹13,700–13,800 per gram. The dip in domestic demand has prevented prices from rising further despite global uncertainty.

Silver maintained stability, trading at approximately ₹2.49–2.5 lakh per kilogram across major markets. Industrial demand has helped keep silver prices consistent, offering investors a relatively safer option compared to the more volatile gold market.

Several factors are shaping today’s bullion prices:

 

Geopolitical tensions in the Middle East, particularly involving the US, Israel, and Iran, have created uncertainty.
 
Currency fluctuations and crude oil price movements are influencing investor sentiment.
 
Domestic demand in India remains weak, keeping gold prices from surging despite global cues.
Analysts suggest that while gold continues to be a hedge against global instability, silver’s stability makes it an attractive option for those seeking consistency. Investors are advised to remain cautious, as sharp swings in bullion prices are possible in the coming days.