Gold-Silver Rate: Gold buyers are happy, silver also became cheaper, gold came at Rs 1.5 lakh, check latest rate
Gold-Silver Price Today 10 April 2026: There has been a decline in the prices of gold and silver today. On Friday, April 10, on the Multi Commodity Exchange (MCX), silver fell by about 0.7% to ₹2,42,067 per kg, while MCX gold fell by 0.56% to ₹1,52,561 per 10 grams. A mixed trend was seen in the international market.
In the international market, spot silver rose 0.1% to $ 75.11 an ounce, while spot gold fell 0.2% to $ 4,755.84 an ounce. US gold futures also fell 0.8% to $4,779.20 an ounce.
Gold fell due to global reasons
Many global reasons are believed to be responsible for this fluctuation in gold prices. The biggest factor is the strength of the dollar, which makes gold expensive against other currencies and affects its demand. Besides, slight easing of geopolitical tensions, selling by investors to cover losses in other markets, and weakening expectations of interest rate cut are also putting pressure on the prices.
Actually, gold is a “non-yielding asset”, that is, it does not earn interest or returns. In such a situation, when interest rates are high, investors are attracted towards alternatives like bonds or bank deposits, due to which the demand for gold decreases. This is why signals related to interest rates directly affect gold prices.
Market affected by Iran war
On the other hand, ongoing geopolitical developments at the global level are also influencing the market. Investors are keeping an eye on tensions and diplomatic efforts related to Iran. There is a possibility of important talks between America and Iran in Islamabad on Saturday, in which JD Vance may lead the American delegation.
Also read- Share market returned… Sensex jumped 560 points, America-Iran friendship made investors happy!
Apart from this, inflation and the policy of the US Federal Reserve are also playing an important role in deciding the direction of precious metals. According to recent data, there has been a slight increase in consumer spending in the US, and now the market is eyeing the Consumer Price Index (CPI) data. If inflation remains high then interest rate cuts may be postponed, due to which there may be pressure on gold.
Comments are closed.