Gold and Silver Prices in India: 12 April Retail Rates in Mumbai, Delhi, and Other Cities
Gold Prices in India Remain Steady on Sunday, April 12
Gold prices in India remained steady on Sunday, April 12, with retail rates for 24-karat and 22-karat witnessing minimal change. Although gold does not trade on the Multi Commodity Exchange (MCX) on weekends, the last closing levels indicated that the yellow metal continues to hover near the ₹1.5 lakh mark.
The price of 24-karat gold in India stood at ₹152,890 per 10 gram at 10:24 am on Sunday. Meanwhile, 22-karat gold was priced at ₹140,149 per 10 gram in the retail market. Silver 999 Fine was priced at ₹244,230 per 1 kg, according to the Indian Bullion Association (IBA).
Global Market Trends
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In the international market, gold prices swung between gains and losses as traders weighed the path of a fragile ceasefire as the US and Iran start talks this weekend, Bloomberg reported.
City-wise Gold Prices in India
Here's a look at the latest gold prices across major Indian cities on April 12, 2026:
| City | 24-karat Gold Rate (₹/10 gm) | 22-karat Gold Rate (₹/10 gm) | Silver 999 Fine Rate (₹/1 kg) |
|---|---|---|---|
| Mumbai | 152,620 | 139,902 | 243,790 |
| New Delhi | 152,350 | 139,654 | 243,370 |
| Ahmedabad | 152,820 | 140,085 | 244,110 |
| Bengaluru | 152,740 | 140,012 | 243,980 |
| Kolkata | 152,420 | 139,718 | 243,470 |
| Hyderabad | 152,860 | 140,122 | 244,180 |
| Chennai | 153,060 | 140,305 | 244,500 |
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Gold and Silver's Growth Over the Years
Notably, gold prices last year experienced their strongest bull run since 1979, rising by over 75%. In recent months, gold prices have risen modestly amid safe-haven demand and global economic uncertainty. In India, the yellow metal climbed from ₹135,257 in early January to ₹157,480 in early March, marking an appreciation of around 16%. While the metal eased these highs amid profit booking by investors, it has witnessed a slight uptick in recent days, indicating renewed firmness in prices.
Meanwhile, silver prices have seen even steeper increases due to strong demand and currency fluctuations, rising from roughly ₹78,600/kg in 2023-2024 to over ₹200,000/kg in early 2026. However, both metals have also seen price volatility as recent geopolitical developments, particularly the US-Iran war, have triggered mixed reactions in the commodities market.
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