Gold and silver prices in India recorded a fall on Thursday, April 9 amid global economic cues and changes in domestic demand. The prices of both the precious metals have seen weakness since the opening of trading on the Multi Commodity Exchange (MCX), leading to increased activity in the bullion market.
The domestic futures market saw a decline in gold and silver prices on Thursday, April 9. Both prices fell early in the trading session, increasing caution among investors. Gold futures with expiry on June 5, 2026 were trading around Rs 420 lower on MCX. Weakness in global gold prices and sluggish domestic demand are cited as the main reasons for this decline.
Gold futures with 5 June 2026 expiry on MCX opened lower. Gold opened at Tk 1,50,647 per 10 grams, down by Tk 420. It touched a high of Rs 1,51,452 during the trading session, but later declined to trade around Rs 1,51,357. This indicates a decline of about 0.28 percent. Gold closed at Rs 1,51,776 in the previous trading session.
Silver prices have seen more decline than gold. Silver futures with expiry on May 5, 2026 were trading around Rs 2,710 or 1.13 per cent lower on MCX. Silver started the day at Rs 2,35,850 per kg and touched a high of Rs 2,37,589 during the session, but fell sharply later.
Little difference was seen in the price of gold in different cities of the country.
Delhi: 24 carat – ₹1,53,980, 22 carat – ₹1,41,160, 18 carat – ₹1,15,530.
Mumbai: 24 carat – ₹1,53,830, 22 carat – ₹1,41,010, 18 carat – ₹1,15,380.
Chennai: 24 carat – ₹1,54,920, 22 carat – ₹1,42,010, 18 carat – ₹1,18,610.
Kolkata: 24 carat – ₹1,53,830, 22 carat – ₹1,41,010, 18 carat – ₹1,15,380.
Ahmedabad: 24 carat – ₹1,53,880, 22 carat – ₹1,41,060, 18 carat – ₹1,15,430.
Lucknow: 24 carat – ₹1,53,980, 22 carat – ₹1,41,160, 18 carat – ₹1,15,530.
Patna: 24 carat – ₹1,53,880, 22 carat – ₹1,41,060, 18 carat – ₹1,15,430.
Hyderabad: 24 carat – ₹1,51,480, 22 carat – ₹1,38,850, 18 carat – ₹1,13,610.
In Delhi, Mumbai and Kolkata, the price of 10 grams of silver was around ₹2,601, while in Chennai it was ₹2,651 per 10 grams.
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