On April 26, 2026, gold and silver prices in India are stable, and there are minor variations between the prices in the major cities. The bullion prices have not experienced any sharp rise, despite the geopolitical tensions in West Asia and the mixed indications given by the global markets, indicating the cautious attitude of investors and stable domestic demand.
According to the existing retail prices, 24-carat gold is selling at ₹15,404 per gram and 22-carat gold at ₹14,120 per gram. Silver is still very strong, with prices at around 2,60,000 per kilogram in domestic market.
Gold Prices Today – Purity Wise
Gold rates at various levels of purity are:
| Gold Purity | Price (per gram) | Price (per 10 grams) |
|---|---|---|
| 24K Gold (99.9%) | ₹15,404 | ₹1,54,040 |
| 22K Gold (91.6%) | ₹14,120 | ₹1,41,200 |
| 18K Gold | ₹11,550+ | ₹1,15,500+ |
Note: Prices do not include 3% GST and making charges, which differ between jewellers.
Gold Prices in India of the Different Cities
The prices of gold are slightly different in the big cities because of local factors:
| City | 24K Gold (₹/g) | 22K Gold (₹/g) | 18K Gold (₹/g) |
|---|---|---|---|
| Delhi | ₹15,419 | ₹14,135 | ₹11,568 |
| Mumbai | ₹15,404 | ₹14,120 | ₹11,553 |
| Kolkata | ₹15,404 | ₹14,120 | ₹11,553 |
| Chennai | ₹15,491 | ₹14,200 | ₹11,850 |
Chennai is still quoting slightly higher prices than other metro cities.
Silver Price in India
Silver is not soft, but has a slight city-wise difference:
| City | Silver (₹ per 10g) | Silver (₹ per kg) |
|---|---|---|
| Delhi | ₹2,600 | ₹2,60,000 |
| Mumbai | ₹2,600 | ₹2,60,000 |
| Kolkata | ₹2,600 | ₹2,60,000 |
| Chennai | ₹2,700 | ₹2,70,000 |
Silver prices are not yet at long-term averages, and their prices are encouraged by the industrial demand and investment purchases.
Market Trend and Global Cues
Precious metals are conventionally regarded as safe-haven assets, and aggressive purchasing has not been witnessed in the recent sessions. Analysts put this down to:
- Conflicting indications of the US dollar.
- Ongoing geopolitical uncertainty
- Predictable local demand in the wedding season.
- After the previous rallies, profit booking.
Gold and silver futures finished moderately up on the Multi Commodity Exchange (MCX):
| Commodity | Price | Change |
|---|---|---|
| Gold (June Futures) | ₹1,52,683 per 10g | +0.61% |
| Silver (May Futures) | ₹2,44,877 per kg | +1.39% |
What Is Gold and Silver Prices Driving?
Some of the factors that affect bullion rates are:
- Gold and silver price in the international market.
- The exchange rate between rupee and US dollar.
- Duty and taxes on imports.
- Seasonal jewellery demand
- Industrial demand (particularly silver)
Outlook for Buyers
There has not been a high upward trend, and instead of being on a good upward momentum, gold prices have been in a tight band during April. Yet, Silver remains a little bit more volatile since it has an industrial correlation.
To buyers, this stable period is predictable particularly when there is continuous buying of a wedding. Nonetheless, the direction of prices in the future will largely rely on the economic trends and global currencies.
In general, the market is in equilibrium, and there are no short-term indications of either a steep rise or fall in the prices of precious metals.
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