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Gold, Silver Rates Today LIVE: Gold and silver prices in India traded higher on Friday, following gains in international bullion prices, amid a weak dollar.

MCX gold rate for June futures contracts opened higher by ₹1,486, or 1.04%, at ₹1,44,000 per 10 grams level as against its previous close of ₹1,42,514 level.

MCX silver rate for May futures contracts opened higher by ₹4,373, or 1.98%, at ₹2,24,247 per kilogram as compared to its previous close of ₹2,19,874 level.

Gold prices rose over 1%, buoyed by a weaker dollar, but was on track for a fourth straight weekly decline as surging energy prices fuelled inflation concerns and raised expectations of higher global interest rates.

Spot gold prices gained 1.1% to $4,428.30 per ounce. US gold futures for April delivery rallied 1.1% to $4,423.40 an ounce. Spot silver price rose 1.1% to $68.80 per ounce.

Gold prices have fallen about 1.3% so far this week, and has plunged about 17% since the US-Israeli war on Iran began on February 28, pressured by a stronger US dollar, which has gained more than 2% over the same period.

The dollar eased, making greenback-priced bullion cheaper for holders of other currencies.

The US-Iran war has led to higher oil prices, which threaten to push up inflation. Although inflation typically boosts gold’s appeal as a hedge, high interest rates weigh on demand for the non-yielding asset. Traders have fully priced out any Federal Reserve easing for 2026, compared with expectations for two cuts before the Iran conflict erupted, per the CME Group's FedWatch Tool.

Among other commodities, spot platinum price fell 0.2% to $1,823.40, while palladium prices gained 1.3% to $1,370.75.

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

MCX copper prices moved above the ₹1,148 level, gaining over 0.80% as hopes of a diplomatic resolution between the US and Iran supported sentiment. US President Donald Trump’s decision to delay action on Iranian energy infrastructure by 10 days, along with Iran allowing 10 oil tankers through the Strait of Hormuz, eased immediate supply concerns. However, reports of a potential deployment of up to 10,000 US troops signal that tensions remain elevated. Despite the rebound, copper and other base metals continue to face pressure from rising energy prices, inflation risks, and concerns over slowing global industrial demand.

The view for MCX silver rate today remains sideways to positive, said Ajay Kedia. According to him, MCX silver price may face resistance at ₹2,31,270 per kg level, while support is seen at ₹2,14,570 level.

The trend for MCX gold rate remains sideways to positive. Gold prices may face resistance at ₹1,43,600 level, while support is placed at ₹1,36,200 level, said Ajay Kedia.

MCX gold rate for June futures contracts opened higher by ₹1,486, or 1.04%, at ₹1,44,000 per 10 grams level as against its previous close of ₹1,42,514 level.

MCX silver rate for May futures contracts opened higher by ₹4,373, or 1.98%, at ₹2,24,247 per kilogram as compared to its previous close of ₹2,19,874 level.

Gold and silver prices in India traded higher on Friday, following gains in international bullion prices, amid a weak dollar.

MCX gold rate for June futures contracts were trading higher by ₹1,307, or 0.92%, at ₹1,43,821 per 10 grams level. MCX silver rate for May futures contracts rallied by ₹4,365, or 1.99%, to ₹2,24,239 per kg.

Gold and other metals came under heavy selling pressure as the Middle East conflict and surging energy prices fueled inflation concerns and raised expectations that major central banks could hike interest rates this year. MCX gold rate for April futures is likely to appreciate to ₹1,40,000 per 10 grams level as prices are up in the global markets, said Jigar Trivedi, Senior Research Analyst at IndusInd Securities.

Gold prices are likely to find support at $4,370 level and resistance is seen at $4,500 level. Support for MCX gold rate is placed at ₹1,37,000 and resistance at ₹1,42,500, said Ajay Kedia, Director, Kedia Advisory.

He expects gold prices can jump towards $4,455 - $4,465 levels, which will be used to sell again, as gold prices can see a drop towards $4,410 - $4,390. The important level to watch would be the resistance level of $4,500.

Gold climbed above $4,425 after falling nearly 3% in the previous session, as US President Donald Trump postponed action on Iranian energy facilities until April 6. The delay and Iran’s move to allow 10 oil tankers through the Strait of Hormuz provided temporary relief to markets. However, tensions persist after Iran rejected the US 15-point proposal and demanded recognition over Hormuz. Rising energy prices continue to stoke inflation concerns, reinforcing expectations of global rate hikes, which has capped gains in gold despite ongoing geopolitical uncertainty.

Among other commodities, spot platinum price fell 0.2% to $1,823.40, while palladium prices gained 1.3% to $1,370.75.

Gold price has fallen more than 2% so far this week, and has plunged about 17% since the US-Israeli war on Iran began on February 28, pressured by a stronger US dollar, which has gained more than 2% over the same period.

Spot gold price was little changed at $4,380.39 per ounce. US gold futures for April delivery were steady at $4,375. Spot silver price fell 0.8% to $67.47 per ounce.

Gold and silver prices eased on Friday, with the yellow metal on track for a fourth straight weekly decline, as surging energy prices due to the US-Iran war fuelled inflation concerns and bolstered bets on higher-for-longer global interest rates.

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