NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Gold and Silver Prices Decline Amid Global Market Volatility

The gold and silver prices in India saw a decline on April 13, in line with the international market trend. The MCX gold rates dropped by ₹1,105, or 0.72%, to ₹1,51,547 per 10 grams, down from its previous close of ₹1,52,652. Meanwhile, the MCX silver rate fell by ₹4,912, or 2.01%, to ₹2,38,362 per kilogram, compared to its previous close of ₹2,43,274.

The decline in gold and silver prices can be attributed to several factors. The failed US-Iran talks and the subsequent action of Donald Trump to block the Strait of Hormuz weighed down international prices. Additionally, the stronger dollar and dampened expectations of US Federal Reserve interest rate cuts this year also contributed to the decline.

The following are the gold rates in various cities across India:

Read also: Gold and Silver Prices Decline Amid Strengthening Dollar and Inflation Concerns

City24 kt Gold Rate (₹)22 kt Gold Rate (₹)18 kt Gold Rate (₹)
Delhi1,51,3801,38,7651,13,535
Jaipur1,51,6201,38,9851,13,715
Mumbai1,51,6401,39,0031,13,730
Kolkata1,51,4501,38,8291,13,588
Chennai1,52,0901,39,4161,14,068
Bengaluru1,51,8401,39,1871,13,880
Hyderabad1,51,9701,39,3061,13,978
Nashik1,51,6401,39,0031,13,730
Rajkot1,51,9301,39,2691,13,948
Pune1,51,6401,39,0031,13,730

The following are the silver rates in various cities across India:

City10 gm Silver Rate (₹)100 gm Silver Rate (₹)1 kg Silver Rate (₹)
Delhi2,38323,8342,38,340
Jaipur2,38723,8712,38,710
Mumbai2,38823,8752,38,750
Kolkata2,38223,8192,38,190
Chennai2,39223,9202,39,200
Bengaluru2,39123,9092,39,090
Hyderabad2,39323,9282,39,280
Nashik2,38823,8752,38,750
Rajkot2,39223,9222,39,220
Pune2,38823,8752,38,750

The data is sourced from bullions.co.in.

Read also: Gold and Silver Prices in India: A Review of Current Rates Across Major Cities

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