Gold-Silver Rate: Gold recovered after 15% fall, shine returned in the market, silver also rose

Gold-Silver Price 31 March 2026: Gold and silver prices are again rising in the international market. Gold has crossed the important level of $4,600, while silver has gained more than 3%. After being under pressure for the last one month, this sudden rise is surprising the investors.

The price of gold on Comex rose 1.25% to $4,618 an ounce. Silver prices rose 3.7% to $73.2 an ounce during Asian trading hours. Due to Mahavir Jayanti on March 31, morning trading on Multi Extended Commodity (MCX) is closed. However, there will be business in the evening.

Big fall of 15% in gold

According to market experts, gold was looking quite attractive at its lower levels after a huge fall of 15%. Investors took this as a buying opportunity, which led to heavy buying at lower levels and strengthened the prices.

According to Bloomberg report, the main reason for this rise is the increasing tension in the Middle East. Indications by the White House of intensifying attacks on Iran and Iran’s tough stance have created instability in stock markets around the world. Also, the attack on Kuwait’s oil tanker in Dubai and the activity of Houthi rebels created a new crisis on oil supply. When war or political instability increases, investors move money out of the stock market and invest in gold, as it is considered a safe investment. This is the reason why the shine of gold returned again.

Relief from the statement of the US Central Bank

Apart from this, the statement of the US central bank Federal Reserve also gave relief to the investors. Fed Chairman Jerome Powell said that long-term inflation in the US is currently under control and there will be no sudden increase in interest rates. This sign is considered positive for gold.

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The price may increase further

According to Augmont’s research head Renisha Chainani, gold may remain between $4,300 and $4,600 next week. If the dollar weakens or the Fed’s stance becomes dovish, gold can go to $4,700-$4,800. Silver may remain highly volatile and may trade in the range of $65-$75.