Gold Prices Rise Slightly, Silver Drops in Indian Bullion Markets

Ganpat Singh Chouhan

New Delhi, April 9: In today’s bullion market update, gold prices witnessed a marginal increase while silver prices dipped slightly. According to market data, 24-carat gold is currently trading in the range of ₹90,440 to ₹90,590 per 10 grams across most major cities in India. Meanwhile, 22-carat gold is being sold between ₹82,900 and ₹83,050 per 10 grams. Silver, on the other hand, has lost some of its shine and is trading at ₹93,000 per kilogram in Delhi.

Gold Prices Up Across Major Indian Cities

In Delhi, 24-carat gold reached ₹90,590 per 10 grams, with 22-carat gold priced at ₹83,050 per 10 grams. Mumbai follows closely, with 24-carat gold at ₹90,440 and 22-carat at ₹82,900 per 10 grams.

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In other key cities:

Ahmedabad: ₹90,490 (24-carat), ₹82,950 (22-carat)
Chennai: ₹90,440 (24-carat), ₹82,900 (22-carat)
Kolkata: ₹90,440 (24-carat), ₹82,900 (22-carat)
Lucknow & Jaipur: ₹90,590 (24-carat), ₹83,050 (22-carat)
Patna: ₹90,490 (24-carat), ₹82,950 (22-carat)

The trend has also been noted in other states including Karnataka, Telangana, and Odisha, where capital cities like Bengaluru, Hyderabad, and Bhubaneswar saw gold prices consistent with national averages.

Silver Prices Fall Slightly

Contrary to gold’s slight rise, silver prices took a downturn, dropping to ₹93,000 per kilogram in Delhi’s bullion market. This decrease contrasts the bullish trend in gold and reflects changing investor sentiment or profit-booking in the silver segment.

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Market Outlook

While gold remains a favored safe-haven asset amid global economic uncertainties, the minor price fluctuations suggest investors are closely watching macroeconomic indicators and interest rate decisions. The consistent pricing across cities hints at a balanced demand-supply equation in the Indian gold market.

Author Profile

Ganpat Singh Chouhan: My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.