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Gold, Silver Rates Today LIVE: Gold and silver prices in India opened with strong gains on Wednesday, following a rally in international bullion prices.

MCX gold rate for April futures contracts rose to ₹144,570 per 10 grams on Wednesday, up 3.75%, as against the last closing price of ₹138,912.

MCX silver rate for May futures contracts opened 4% higher at ₹2,32,898 per kg as compared with its previous close of ₹2,23,941.

Gold and silver prices traded higher, supported by a soft dollar and easing concerns over surging inflation and high interest rates, as crude oil prices slipped after reports of a US plan to end the Iran war in the Middle East.

Spot gold prices rallied 2.1% to $4,568.29 per ounce, while US gold futures for April delivery gained 3.8% to $4,569.40. Gold prices are trading around 17% below pre-conflict levels.

Spot silver prices rose 3.8% to $73.94 per ounce. The white metal prices had earlier dropped as much as 37% from their March peak.

The dollar eased, making greenback-priced bullion cheaper for holders of other currencies. Crude oil prices also fell below $100 a barrel, easing inflation concerns, on reports that the US has sent Iran a 15-point plan to end the war in the Middle East.

Interest rate futures have erased any prospect for a US Federal Reserve rate cut this year, according to CME Group’s FedWatch tool.

Among other commodities, spot platinum prices gained 2.6% to $1,984.05, while palladium prices rose 1.5% to $1,461.75.

Stay tuned to this segment for the latest updates on gold and silver prices.

Gold’s nearly 4% surge on MCX and silver’s sharp rebound were driven by a softer US dollar and easing inflation concerns as crude oil prices corrected. The pullback in energy markets helped temper expectations of higher global interest rates, offering additional support to precious metals. Meanwhile, reports suggesting the US is exploring ways to conclude the conflict with Iran boosted safe‑haven demand, amplifying the upside momentum in bullion today.

Gold’s upside today seems driven by value buying after recent sharp corrections, with attractive entry levels triggering renewed demand alongside short covering that lifted prices further.

Gold and silver may see a mild near‑term recovery, but breaking recent highs looks difficult. While supportive geopolitics could underpin sentiment, a firm US dollar is likely to cap strong upside, keeping price movements relatively restrained for now.

— Hareesh V, Head of Commodity Research, Geojit Investments Limited

Traditionally, once gold/silver ratio reaches in range of 40-50, precious metals take a breather till gold to silver ratio reaches 80 again with historically silver falling by nearly 60% from peak while gold incurring losses of 30% from the last peak.

Going by historical precedents, long-term bull cycle is still intact and Investors must remain hold on their gold investments and start active accumulation for gold investments once gold to silver ratio moves in late 70s. In short term, pressure on gold prices would continue till gold-to-silver ratio reached 75 and in case silver prices, gold-to-silver ratio need to reach around 100 for onset of next breakout move.

— Karan Aggarwal, Co-founder & CIO, Ametra PMS; a quant based PMS & Portfolio Manager

China’s official gold reserves have reached a record 2,309 tonnes, following a 16-month consecutive buying streak by the People’s Bank of China. It’s worth noting that higher demand from China could lift the gold prices in the long term, as China is the world’s largest precious metal producer, analysts said.

The broader trend in COMEX silver price now reflects a gradually improving tone, supported by safe-haven interest and resilience in industrial metals, which continues to provide a supportive base to prices. On the upside, the $76 – $78 zone continues to act as an immediate resistance band. A sustained and decisive move above $80 would signal strengthening bullish momentum and may open the door for an advance toward $85 - $88, where selling pressure is likely to emerge, said Ponmudi R, CEO of Enrich Money.

However, a failure to hold above $73 could reintroduce downward pressure, potentially dragging prices toward $70 in the near term, with stronger support placed in the $66 – $68 region, he added.

The overall structure for COMEX gold price is showing signs of recovery, supported by persistent geopolitical tensions in the Middle East, which continue to drive safe-haven demand and provide a strong underlying cushion to prices. On the upside, the $4,670 – $4,750 range remains an important resistance band. A sustained move above $4,750 could extend the prices toward $4,850, where stronger supply pressure may emerge, said Ponmudi R, CEO of Enrich Money.

On the downside, a break below $4,500 may accelerate weakness toward the $4,360 – $4,400 level. Overall, the structure remains cautiously positive as long as prices continue to trade above key support levels, he added.

Silver price today in Delhi: ₹2,360 for 10 gm, ₹23,590 for 100 gm, ₹236,030 for 1 kg

Silver rate today in Jaipur: ₹2,364 for 10 gm, ₹23,640 for 100 gm, ₹236,400 for 1 kg

Silver rate today in Mumbai: ₹2,363 for 10 gm, ₹23,626 for 100 gm, ₹236,260 for 1 kg

Silver rate today in Kolkata: ₹2,359 for 10 gm, ₹23,594 for 100 gm, ₹235,940 for 1 kg

Silver rate today in Chennai: ₹2,369 for 10 gm, ₹23,690 for 100 gm, ₹236,900 for 1 kg

Gold rate today in Delhi: ₹144,570.00 for 24 kt, ₹132,523 for 22 kt, ₹108,428 for 18 kt

Gold rate today in Jaipur: ₹144,840 for 24 kt, ₹132,770 for 22 kt, ₹108,630 for 18 kt

Gold rate today in Mumbai: ₹144,860 for 24 kt, ₹132,788 for 22 kt, ₹108,645 for 18 kt

Gold rate today in Kolkata: ₹144,670 for 24 kt, ₹132,614 for 22 kt, ₹108,503 for 18 kt

Gold rate today in Chennai: ₹145,280 for 24 kt, ₹133,173for 22 kt, ₹108,960 for 18 kt

MCX gold rate was trading higher by ₹4,983, or 3.50%, at ₹1,47,178 per 10 grams, while MCX silver prices were up by ₹11,809, or 5.27%, at ₹2,35,750 per kg.

Spot gold prices rose 2.2% to $4,570.74 per ounce, while US gold futures for April delivery gained 3.8% to $4,569.10. Spot silver price rallied 3.1% to $73.42 per ounce.

MCX silver price action reflects a gradual build-up of bullish momentum. On the upside, the ₹2,40,000 now serves as the immediate resistance band. A sustained move above this level could trigger a recovery toward the ₹2,50,000 zone. On the downside, a decisive break below the ₹2,27,000 level may accelerate the decline toward ₹2,15,000 – ₹2,20,000 range, which remains a crucial structural support, with further downside potential extending toward the ₹2,00,000 – ₹2,05,000 region, said Ponmudi R, CEO of Enrich Money.

Overall, the near-term outlook remains cautiously positive, with price action largely dependent on the ability to sustain above key resistance levels, while geopolitical developments and macro cues continue to influence market direction, he added.

MCX gold price action suggests resilience at higher levels, keeping the broader tone constructive. On the upside, the ₹1,48,000 zone remains the immediate resistance area. A sustained move above this level would strengthen bullish momentum and may open the path toward ₹1,55,000 – ₹1,57,000, where supply pressure is likely to emerge, said Ponmudi R, CEO of Enrich Money.

On the downside, immediate support is placed at ₹1,37,000 - ₹1,40,000. A breach below this level could trigger extended profit booking and drag prices toward the ₹1,30,000 - ₹1,32,000 band, he added.

Overall, he believes the near-term bias remains buy-on-dips, supported by underlying strength in prices, with macro uncertainty and geopolitical developments expected to continue driving momentum.

Bitcoin prices saw a brief rally from $68,800 to $71,200 on hopes of easing US–Iran tensions, but quickly settled back near $70,000 after Iran denied any real progress. A 6% drop in oil prices provided some short-term relief, though markets remain driven by ongoing headlines. Despite the volatility, demand remains steady, said CoinSwitch Markets Desk.

Spot Bitcoin ETFs recorded $167 million in inflows on March 23, pushing monthly totals to around $2.5 billion and nearly reversing earlier outflows this year, showing continued investor confidence even after a 40% decline over the past six months. Looking ahead, traders will watch US jobless claims and other key data points, which could influence market direction, it added.

Ajay Kedia maintains a bullish view for MCX silver rate today. He expects silver prices to face resistance at ₹2,43,100 per kg level, while support is seen at ₹2,33,000 level.

The view for MCX gold rate today remains positive. Gold prices may face resistance at ₹1,47,000 per 10 grams level, while support is seen at ₹1,41,500 level, said Ajay Kedia, Director, Kedia Advisory.

MCX gold prices were trading higher by ₹5,006, or 3.60%, at ₹1,43,918 per 10 grams, while MCX silver prices were trading higher by ₹10,554, or 4.71%, at ₹2,34,495 per kg.

Gold and silver prices opened with strong gains on Wednesday, following a rally in international bullion prices. MCX gold rate for April futures contracts opened 3% higher at ₹1,46,460 per 10 grams as against its previous close of ₹1,42,195 level.

MCX silver rate for May futures contracts opened 4% higher at ₹2,32,898 per kg as compared with its previous close of ₹2,23,941 level.

Crude oil prices fell more than 5% over possibilities of a de-escalation of the US-Iran war. Brent crude oil price dropped 5.09% to $99.17 a barrel, while the US West Texas Intermediate (WTI) crude futures declined 4.08% to $88.58.

Among other commodities, spot platinum prices gained 2.6% to $1,984.05, while palladium prices rose 1.5% to $1,461.75.

The US dollar index, which measures the greenback’s strength against a basket of six currencies, was down 0.1% at 99.126. The euro rose 0.1% to $1.1619, and the British pound was up 0.1% at $1.3428. Against the yen, the US dollar was steady at 158.645 yen.

Silver prices advanced about 4% to near $74 per ounce, marking a third consecutive session of gains. The rally in silver rate today was supported by optimism over potential de-escalation in the Middle East, following reports that the US is pursuing diplomatic talks with Iran, including a proposed 15-point plan and a possible one-month ceasefire.

Earlier, silver prices had dropped as much as 37% from its March peak due to inflationary pressures from elevated energy prices and expectations of prolonged higher interest rates. Federal Reserve Governor Michael Barr indicated rates may stay elevated to contain inflation.

Spot gold prices rallied 2.1% to $4,568.29 per ounce, while US gold futures for April delivery gained 3.8% to $4,569.40. Gold prices are trading around 17% below pre-conflict levels. Spot silver prices rose 3.8% to $73.94 per ounce.

Gold, Silver Rates Today LIVE: Gold prices advanced over 2% on Wednesday, rising toward $4,600 per ounce and extending gains from the previous session. The rise in gold prices was driven by improving sentiment around a potential de-escalation in the Middle East, following reports that the US is pursuing talks with Iran, including a 15-point proposal and a possible one-month ceasefire. Market optimism persisted despite the deployment of about 2,000 US troops and ongoing concerns around the Strait of Hormuz.

Gold prices had previously declined as much as 25% from its March peak due to inflationary pressures from higher energy prices and expectations that major central banks may keep interest rates elevated for an extended period.

Gold and silver prices traded higher on Wednesday, supported by a soft dollar and easing concerns over surging inflation and high interest rates, as crude oil prices slipped after reports of a US plan to end the Iran war in the Middle East.Saloni Goel has over nine years of experience as a business journalist, with a strong track record of covering the financial markets. Over the course of her career, she has reported extensively on global and domestic equities, IPO market activity, commodities, and broader macroeconomic trends. Her reporting reflects a keen eye for detail, data-driven analysis, and the ability to spot emerging themes early.

At Mint, Saloni has been part of the markets team for nearly two years, where she currently works as Chief Content Producer. In this role, she plays a key part in shaping market coverage, driving editorial strategy, and ensuring timely, accurate, and insightful reporting across. She has been closely involved in breaking news coverage and in crafting stories that help decode the complex financial developments.

Before joining Mint, Saloni worked with some of India’s leading business newsrooms, including The Economic Times and Business Standard. Throughout her career, she has worn multiple hats—ranging from reporting and editing to contributing in-depth features and identifying new storytelling formats and market trends.

Her experience in fast-paced digital newsrooms has given her an edge in simplifying complex market concepts without losing analytical depth. Outside of work, Saloni enjoys reading books and spending time with her pet.

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