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 Remain Volatile Amid US-Iran War Tensions

Gold prices in India remained flat on Friday at ₹1,49,650 per 10 gram, while silver rates saw a significant decline, falling by ₹10,901 or 4.5% to ₹2,32,600 per kg at the Multi Commodity Exchange (MCX) as the US-Israeli war with Iran extended to its fifth week.

The recent conflict has triggered supply constraints in terms of oil and led to major crashes in the Indian and global stock markets. Despite this, experts predict that gold could log a 2.2% weekly gain on US jobs data.

CityGold Price (24 kt)Gold Price (22 kt)Gold Price (18 kt)
Delhi₹1,49,220₹1,36,785₹1,11,915
Jaipur₹1,49,460₹1,37,005₹1,12,095
Mumbai₹1,49,480₹1,37,023₹1,12,110
Kolkata₹1,49,280₹1,36,840₹1,11,960
Chennai₹1,49,920₹1,37,427₹1,12,440
Bengaluru₹1,49,600₹1,37,133₹1,12,200
Hyderabad₹1,49,720₹1,37,243₹1,12,290
Nashik₹1,49,480₹1,37,023₹1,12,110
Rajkot₹1,49,680₹1,37,207₹1,12,260
Pune₹1,49,480₹1,37,005₹1,12,110

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

The gold rate in India is still 17% below the record high of ₹1,80,779 per 10 gram. Meanwhile, silver prices in India have fluctuated in recent weeks due to the ongoing conflict.

CitySilver Price (10 gm)Silver Price (100 gm)Silver Price (1 kg)
Delhi₹2,325₹23,252₹2,32,520
Jaipur₹2,329₹23,289₹2,32,890
Mumbai₹2,329₹23,292₹2,32,920
Kolkata₹2,326₹23,261₹2,32,610
Chennai₹2,336₹23,360₹2,33,600
Bengaluru₹2,331₹23,310₹2,33,100
Hyderabad₹2,333₹23,329₹2,33,290
Nashik₹2,329₹23,292₹2,32,920
Rajkot₹2,332₹23,323₹2,33,230
Pune₹2,329₹23,292₹2,32,920
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