On April 13, 2026, gold and silver prices in India exhibited largely steady trends with only minor fluctuations across key metropolitan areas. This stability comes even as global markets respond to ongoing geopolitical tensions in West Asia and varied signals from the US dollar.
Precious metals, traditionally viewed as safe-haven assets, have not experienced a sharp upside, indicating a cautious investor sentiment coupled with stable domestic demand. This balance has prevented significant corrections in prices.
Current Gold Rates Across Major Cities
As per the latest retail market data, 24-carat gold is trading in the range of ₹15,150 to ₹15,220 per gram. For 22-carat gold, prices are observed between ₹13,890 and ₹13,950 per gram across India's major cities. Prices for gold vary slightly due to local taxes, transportation costs, and individual jewellers’ margins.
- Delhi: 24K gold at ₹15,158 per gram, 22K gold at ₹13,895 per gram.
- Mumbai: 24K gold at ₹15,184 per gram, 22K gold at ₹13,919 per gram.
- Kolkata: 24K gold at ₹15,156 per gram, 22K gold at ₹13,893 per gram.
- Chennai: 24K gold at ₹15,220 per gram, 22K gold at ₹13,952 per gram.
Silver Prices Today
Silver prices are currently hovering around ₹2,38,000 to ₹2,39,800 per kilogram in the domestic bullion market. Silver continues to trade at elevated levels compared to its long-term averages, supported by both industrial demand and investment buying. Unlike gold, silver prices are more sensitive to global manufacturing trends, which can make the metal more volatile during periods of economic uncertainty.
- Delhi: Silver at ₹2,38,690 per kilogram.
- Mumbai: Silver at ₹2,39,120 per kilogram.
- Kolkata: Silver at ₹2,38,780 per kilogram.
- Chennai: Silver at ₹2,39,800 per kilogram.
Factors Influencing Precious Metal Prices
Several key factors influence gold prices in India, including international bullion rates, the movement of the rupee against the US dollar, prevailing import duties, and seasonal jewellery demand. With the wedding and festive season approaching in various regions, retail demand for gold remains stable, contributing to the current steady prices.
MCX Performance on April 12, 2026
On the Multi Commodity Exchange (MCX), precious metals settled lower on April 12, 2026. Gold (June futures) declined by 0.52% to close at ₹1,52,910 per 10 grams, while silver (May futures) saw a sharper correction, falling 1.92% to ₹2,44,250 per kilogram.
Recent futures market data indicates mild pressure on bullion, with silver experiencing a more significant drop compared to gold. Analysts suggest that traders are maintaining a cautious stance, awaiting further global macroeconomic cues, currency movements, and geopolitical developments, which are expected to dictate the future trend for precious metals.