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• What is the rate of gold and silver today?

• Silver prices fall as the market opens

• Find out how cheap gold has become

Gold and silver prices fell today. Silver fell by around ₹4,700 in early trade on MCX, while Even in the price of gold It fell by more than ₹1,100. In the previous session, silver for May 5 delivery had closed at ₹2,39,918 per kg. Today, it opened at ₹2,35,850 and fell by ₹4,785 to ₹2,35,133 in early trade. At 9:15 am, it was priced at ₹2,35,981, down by ₹3,937 or 1.64 percent.

Gold and silver rose sharply in the national capital’s bullion market after the US and Iran agreed on a two-week ceasefire. Strong trends in foreign markets also had a positive impact on domestic market sentiment. of All India Bullion Association According to reports, the price of gold has now reached ₹1.56 lakh per 10 grams. Silver rates have increased to ₹2.51 lakh per kg.

In addition, Indian Bullion and Jewelers Association According to (IBJA), 24-carat gold prices rose to ₹1,51,120 per 10 grams by market close on Wednesday. This is exclusive of 3% GST and handling charges.

Todays Gold-Silver Price: Gold has become cheaper, silver is still stable! Know the new prices before buying

Gold and Silver Rates on MCX

On the Multi Commodity Exchange (MCX), gold futures (till 10:47 PM on Wednesday) were up 1.36% or ₹2,041. Its price was ₹1,52,330 per 10 grams. Meanwhile, silver rates (up to ₹8,798) were up by 3.80%. Its price was ₹2,40,146 per kg.

of good returns According to data, the price of 24-carat gold has now risen to Rs 1,53,820 per 10 grams. The price of 22-carat gold is Rs 1,41,100 per 10 grams. Silver price has reached Rs 2,60,000 per kg.

According to the All India Bullion Association, silver prices rose by Rs 11,000, or nearly five per cent, to Rs 2,51,000 per kg (including all taxes) in Delhi at market close on Wednesday. It had closed at Rs 2,40,000 per kg on Tuesday. Meanwhile, 24-carat gold also rose by Rs 3,200, or 2.09 per cent, to Rs 1,56,400 per 10 grams (including all taxes). It had closed at Rs 1,53,200 per 10 grams in the previous market session.

Reasons for the rise in gold and silver prices?

The bullion market rose as geopolitical tensions eased in West Asia. This led to a huge boom in global financial markets. Soumil Gandhi, research analyst (commodities) at HDFC Securities said gold prices continue to rise sharply. On Wednesday, gold hit a three-week high. An improvement in global risk appetite, as well as a decline in the dollar and crude oil prices, boosted demand for precious metals.

“Spots in international markets on Wednesday after the announcement of a ceasefire in the Iran war Gold prices increased,” said Praveen Singh, Head of Commodities at Mirai Asset Sharekhan said. He added that the rise in commodity, bond and stock markets was driven by a nearly 20 percent drop in crude oil prices after the ceasefire announcement. This is because a fall in energy prices will reduce the likelihood of interest rate hikes by global central banks, including the US Federal Reserve.

Todays Gold-Silver Price: Is gold expensive or cheap today? Read the latest news from your city in one click

Gold Rates in Major Cities (By Carat)

How might gold prices change in the future?

Gold prices are likely to remain in a limited range for the short term. Its direction will depend primarily on the correlation between geopolitical and interest rate expectations. If tensions ease and oil prices soften, interest rate cut expectations could rise again, supporting prices. However, persistent risks and rising oil prices could keep interest rates high for a long time, limiting potential growth.

Despite continued volatility, the possibility of further declines in prices appears limited. Even if macroeconomic challenges prevent significant and sustained price growth, structural factors such as geopolitical uncertainty, persistent inflation and continued central bank demand will provide strong support to prices.