Big jump of ₹ 13,000 in silver! On April 11, gold also broke old records, will the price cross ₹2 lakh now?

Gold-Silver Price Today 11 April 2026: Amidst the changing situation in the global market, there has been a sharp rise in the prices of gold and silver. In the last one week, silver has become costlier by about ₹13,000 per kg, while gold has increased by about ₹3,000 to ₹3,500 per 10 grams. Increased buying by investors and international uncertainties have taken these precious metals to new heights.

On Multi-Extended Commodity (MCX), gold closed at ₹1,52,690 per 10 grams, showing a rise compared to last week. Whereas silver reached ₹ 2,43,274 per kg, registering a big jump of about ₹ 13,000. The same trend was seen in the international market, where gold reached $4,787 per troy ounce and silver reached $76.48 per troy ounce on COMEX.

US-Iran ceasefire accelerates

The main reason behind this rise in prices is said to be the change in geopolitical developments. Expectations of easing tensions and ceasefire talks between the US and Iran have brought temporary stability to the market, leading to a decline in crude oil prices. Along with this, the weakness of the US dollar has also made gold and silver more attractive for investment.

Experts believe that when the dollar weakens and global uncertainty persists, investors turn to safe assets, of which gold and silver are prominent. For this reason the demand for these metals is continuously increasing.

Expectations from Fed’s possible interest rate cut

Apart from this, expectations of possible interest rate cuts by the US central bank Federal Reserve (FED) have also supported the market. When interest rates fall, non-yielding assets like gold become more attractive, causing their prices to rise.

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This time silver has performed better than gold. Silver has given strong returns to investors with a weekly gain of about 4.8%. Increase in both industrial demand and investment levels has supported its prices.