Gold-Silver Today: After the decline, gold and silver returned, gold crossed ₹ 1.49 lakh, silver also became expensive.

Gold-Silver Price Today 30 April 2026: There was a slight increase in gold prices on Multi Commodity Exchange (MCX) on Thursday (April 30) morning. MCX gold June futures rose 0.25% to ₹1,49,420 per 10 gram, while MCX silver July futures traded 0.71% higher at ₹2,39,950 per kg.

The main reason for this rise in gold and silver prices was value buying after the US Federal Reserve kept the policy rates stable. However, with crude oil prices nearing four-year highs, this rally was somewhat curbed, as it created fears of rising inflation and diminishing expectations of interest rate cuts.

Why did precious metals rise?

Weakness in the US dollar supported gold and silver prices as it made these metals cheaper for investors in other currencies and increased demand. However, the macroeconomic outlook still remains complex.

Brent crude remains around $119–$120 per barrel, one of the highest levels in recent years. This surge in oil prices is related to US-Iran tension and fears of supply disruption in the Middle East.

Rise in crude oil prices

Meanwhile, the US dollar and 10-year bond yields strengthened due to a rise in crude oil prices. US bond yields rose 0.25% to 4.43%, while the dollar index also strengthened. Crude oil prices have increased due to increasing tension between America and Iran. Brent crude crossed $120 a barrel, its highest level since June 2022.

Silver recovers after continuous fall

Silver prices in India witnessed a recovery on Thursday after hitting a one-month low in the previous session. A weak US dollar supported precious metals, but fears of rising inflation due to expensive oil limited the gains. On MCX, silver rose nearly 1% to ₹2,35,102 per kg, while gold rose 0.3% to ₹1,49,526 per 10 grams.

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Condition of silver in international market

Spot silver rose 1% to $72.18 an ounce in the international market. Other precious metals also rose, with platinum rising 1.7% to $1,911 and palladium rising 0.9% to $1,470.40. Gold also rose 0.6% to $4,566.73 an ounce, recovering from the previous session’s decline, while US gold futures rose 0.4% to $4,578.50.