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Gold, Silver Rates Today LIVE: Gold and silver prices in India traded higher on Friday, recovering from previous session’s losses, following gains in international bullion prices.

MCX gold rate for April futures contracts opened higher by ₹3,348, 2.30%, at ₹1,48,302 per 10 grams as against its previous close of ₹1,44,954 level.

MCX silver price for May futures contracts opened higher by ₹8,488, or 3.66%, at ₹2,39,948 per kg as compared to its previous close of ₹2,31,460 level. MCX silver price touched a high of ₹2,40,000 level, jumping as much as ₹8,540, or 3.86%.

Gold prices traded higher on Friday, but were headed for a third consecutive weekly decline, weighed down by a firm dollar and a hawkish US Federal Reserve that has dampened hopes for near-term interest rate cuts.

Spot gold price rose 0.2% to $4,657.50 per ounce. US gold futures for April delivery rose 1.1% to $4,657.90. Gold prices have declined more than 7% so far this week. Spot silver price gained 0.1% to $73 per ounce.

The dollar strengthened, making greenback-priced bullion more expensive for holders of other currencies.

The Strait of Hormuz remains closed amid the escalating US-Iran war in the Middle East, keeping crude oil prices elevated, which is adding to inflationary pressures. While rising inflation typically boosts gold’s appeal as a hedge, high interest rates curb demand for the non-yielding asset.

In other commodities, spot platinum prices rose 0.1% at $1,972.80 and palladium price gained 0.4% to $1,452.21

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

Gold prices in India were also supported by the depreciating rupee, which hit a record low on Friday. The rupee fell 19 paise to its record intra-day low of 93.08 against the US dollar as the greenback strengthened further. At the interbank foreign exchange, the local unit opened at 92.92 against the greenback before breaching the 93-mark for the first time to trade at 93.08, down 19 paise from its previous close.

MCX gold rate today was trading higher by ₹2,767, or 1.91%, at ₹1,47,721 per 10 grams level. MCX silver price was up by ₹6,090, or 2.63%, at ₹2,37,550 per kg.

According to Ajay Kedia, MCX silver price today may face resistance at ₹2,46,840 per kg level and support is seen at ₹2,29,600 level. The trend for silver price today in India remains positive.

Gold, Silver Rates Today LIVE: The trend for MCX gold rate today is likely to remain positive. MCX gold price may face resistance at ₹1,50,000 per 10 grams level, while support is seen at ₹1,46,420 level, said Ajay Kedia.

According to Ajay Kedia, the trend for silver price today remains positive. Silver is likely to face resistance at $76 an ounce, while support for the white metal is placed at $70 level.

The trend for gold prices remains positive for today. Gold rate may face resistance at $4,846 an ounce level, while support is placed at $4,664.50 level, said Ajay Kedia, Director, Kedia Advisory.

Gold has a well-balanced dual nature, as both a consumer good and an investment asset. Gold is also an integral component to central bank foreign reserves. And while gold investment demand dominates during periods of risk, consumer demand tends to step in during periods of economic growth. Gold’s investment share helps explain why it can behave more like a financial asset – sensitive to policy decisions and credit conditions – often supporting its role as a hedge.

Silver demand, on the other hand, is dominated by industry demand. The metal’s dominant industrial share increases its exposure to pro-cyclical risk sentiment – raising the odds of it trading closer to industrial metals and risky assets during periods of market stress and economic deceleration.

From a supply perspective, gold and silver differ sharply. Gold is predominantly mined as a primary product, while 70– 80% of silver comes as a by‑product of copper, lead and zinc, making silver supply more exposed to disruptions in those sectors.

According to a report by World Gold Council, Gold production is also more geographically diverse, whereas silver output is concentrated in Latin America – with Mexico (1st), Peru (3rd), Bolivia (4th) and Chile (6th) all ranking among the top ten producers.

Bitcoin prices slipped below the $69,000 mark amid a wider sell-off in digital assets. The sudden spike in oil and gas prices and fears of prolonged energy supply disruptions have weighed on liquidity expectations and investor confidence, leading to short-term volatility across crypto markets. At the same time, price corrections are also being influenced by macro signals such as tightening financial conditions and a stronger dollar environment, which typically pressure high-beta assets like cryptocurrencies.

Despite near-term uncertainty, structural developments such as rising whale accumulation in select tokens and continued innovation around cross-chain infrastructure highlight that long-term conviction in the digital asset ecosystem remains intact. Investors should use phases of market consolidation to review portfolio allocations, focus on fundamentally strong assets, stagger entries instead of chasing sharp moves, and maintain disciplined profit-booking strategies. A balanced approach that combines large-cap exposure with selective participation in emerging narratives can help navigate volatility while staying aligned with the broader growth trajectory of the crypto market, said Avinash Shekhar, Co-Founder & CEO, Pi42.

The US Federal Reserve on March 18 maintained a status quo on interest rates and signalled that inflation could rise further due to geopolitical developments. The Fed projected one rate cut this year, but traders see little scope for rate reduction in 2026. While rising inflation typically boosts gold's appeal as a hedge, high interest rates curb demand for the non-yielding asset.

Gold prices in the international market still remain about 8% higher this year despite the recent pullback. Gold prices had touched a record just below $5,600 an ounce in late January. The rally was supported by central-bank buying and concerns over threats to the Fed’s independence posed by US President Donald Trump.

MCX gold and silver prices traded higher, but were off-day’s high levels hit in the opening trade. MCX gold price was up by ₹3,024, or 2.09%, at ₹1,47,978 per 10 grams. MCX silver rate was trading higher by ₹6,999, or 3.02%, at ₹2,38,459 per kg. MCX silver price touched a high of ₹2,40,000 level, jumping as much as ₹8,540, or 3.86%.

Gold and silver prices in India traded higher on Friday, recovering from previous session’s losses, following gains in international bullion prices.

MCX gold rate for April futures contracts opened higher by ₹3,348, 2.30%, at ₹1,48,302 per 10 grams as against its previous close of ₹1,44,954 level. MCX gold price was trading higher

MCX silver price for May futures contracts opened higher by ₹8,488, or 3.66%, at ₹2,39,948 per kg as compared to its previous close of ₹2,31,460 level.

Bullion-backed ETFs are set for a third week of outflows, with holdings dropping more than 60 tons in that period, data compiled by Bloomberg show.

Gold’s performance since the Iran war broke out echoes a decline in 2022, when Russia’s invasion of Ukraine caused an energy shock that rippled through global markets, Bloomberg reported. That year, bullion posted a seven-month run of losses through October, the longest such streak on record.

Gold traded below $4,700 an ounce after a sharp two-day selloff, heading for its worst weekly performance in six years. Gold prices may find support at $4,640 and resistance at $4,725 level. MCX gold rate is likely to find support at ₹1,42,000 level, while resistance is seen at ₹1,50,000 level, said Ajay Kedia, Director, Kedia Advisory.

He suggests that any drop in gold prices towards the $4,665 level can be utilized to buy for a target $4,696 - $4,710 levels.

Gold prices are headed for the biggest weekly loss in six years, as war in the Middle East boosted energy and reduced expectations for rate cuts. Gold rate traded near $4,685 an ounce, down almost 7% this week, the most since March 2020. The precious metal — widely viewed as a haven — has dropped every week since the US and Israel attacked Iran last month.

In other commodities, spot platinum prices rose 0.1% at $1,972.80 and palladium price gained 0.4% to $1,452.21 an ounce.

Silver prices traded above $73 per ounce but remained on track for a third straight weekly loss as rising energy prices linked to Middle East tensions intensified inflation fears. Investors shifted toward the dollar and Treasuries, pressuring precious metals. Markets are currently pricing in two additional rate hikes each from the ECB and BOE this year, reducing the appeal of non-yielding assets like silver.

Gold prices traded below $4,700 per ounce after a sharp two-day selloff, heading for its worst weekly performance in six years. Elevated energy prices driven by Middle East tensions intensified inflation pressures, prompting investors to shift toward the dollar and Treasuries. The Federal Reserve held rates steady and indicated that rate cuts are unlikely until inflation shows clear easing, with expectations now pushed to 2027. Meanwhile, the ECB, BOJ, and BOE maintained policy rates but signaled a hawkish stance. Markets are currently pricing in two additional rate hikes each from the ECB and BOE, reducing gold’s attractiveness.

Spot gold price rose 0.2% to $4,657.50 per ounce. US gold futures for April delivery rose 1.1% to $4,657.90. Gold prices have declined more than 7% so far this week. Spot silver price gained 0.1% to $73 per ounce.

Gold prices traded higher on Friday, but were headed for a third consecutive weekly decline, weighed down by a firm dollar and a hawkish US Federal Reserve that has dampened hopes for near-term interest rate cuts.

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