Track the latest gold and silver prices here.
After sliding earlier in the week, gold and silver prices in India staged a strong comeback through Tuesday and Wednesday. The fresh surge was driven by renewed buying interest from investors after a few days of profit-booking. On the Multi Commodity Exchange (MCX), gold futures climbed sharply as sentiment improved following losses triggered by global market volatility and movements in the US dollar on February 3. Silver prices also picked up pace, posting solid intraday gains. However, prices dropped of both the metals dropped on Thursday.
Gold and silver futures: Precious metals traded lower on the Multi Commodity Exchange (MCX) on Thursday morning, with gold and silver witnessing sharp losses amid weak global cues and profit booking by investors. According to MCX iCOMDEX data at around 9.32 am, gold for April 2, 2026 delivery was trading at ₹1,50,584 per 10 grams, down 0.98 per cent, while silver for March 5
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Why do gold and silver prices change every daily? Gold and silver prices in India fluctuate daily due to a mix of global and domestic factors. Trends in international bullion markets and movements in the rupee–US dollar exchange rate play a major role in shaping local prices. Inflation expectations, interest rate changes, and broader economic uncertainty often boost demand for these metals as safe-haven investments. Geopolitical developments, along with routine shifts in supply and demand, also contribute to day-to-day variations in gold and silver rates.
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