Gold and Silver Prices Remain Unchanged in Major Indian Cities on April 18

Gold and Silver Prices Remain Stable in India

As of Saturday, April 18, 2026, gold prices in India's retail market showed minimal change, with the price of 24-karat gold remaining above ₹1.5 lakh. The Multi Commodity Exchange of India (MCX) is closed on weekends, making live trading rates unavailable. However, based on the last closing levels, the price of 24-karat gold in India stood at ₹154,890 per 10 grams at 9:20 am on Saturday, while 22-karat gold was priced at ₹141,983 per 10 grams in the retail market.

Silver 999 Fine was priced at ₹259,190 per 1 kilogram, according to the Indian Bullion Association (IBA). It is essential for retail customers to note that jewellers may add making charges, taxes, and GST to the bill, which could hike the final price of the unit.

Gold Prices Across Major Indian Cities

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Recent movement in gold prices has been positive, with precious metals in the international market trading with solid gains on Friday. The improvement in sentiment towards safe-haven assets, following Iran's announcement to reopen the Strait of Hormuz, eased oil prices and softened some inflation concerns.

A weakening US dollar is also supporting the rally, as the greenback slipped to 93.6, its lowest level in six weeks, making dollar-priced commodities, including bullion, more affordable for holders of other currencies. However, the US dollar index recovered slightly today, trading at 98.2, an increase of 0.05%.

The yellow metal hit a record high above ₹180,000 in January this year, but prices have since eased from those levels, which is likely setting the stage for a lucrative entry point for investors looking to build positions.

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