Gold Silver Price Today: Gold and silver prices rose at the speed of rocket, silver rose by ₹ 1750; Check the new rate of your city

New Delhi: If you are planning to buy gold or silver, today’s latest prices have definitely created a stir in the market. Once again, there is a strong rise in the prices of precious metals. Due to international cues and global developments, gold and silver have made a big jump in the Indian bullion market today. Actually, a recent statement of US President Donald Trump is being said to be the reason behind this rise. Trump has indicated that a ceasefire can be agreed upon between Iran and America. This one news has completely changed the trend of the market.

The surprising thing is that while on one hand there has been a decline in the prices of crude oil, on the other hand gold and silver have gained tremendous momentum. The situation is that the prices of silver have directly increased by Rs 1750, while gold has also reached close to its record level. Today in the retail market, 24 carat gold has crossed Rs 1.53 lakh per 10 grams.

Record breaking movement on Multi Commodity Exchange (MCX)

The domestic futures market i.e. MCX has been busy since this morning. Gold of June contract was seen trading at the level of ₹ 1,52,715, while silver of July contract touched the figure of ₹ 2,55,826. In fact, the prices of gold in the global market have increased by 3 percent and those of silver by more than 6 percent, the direct impact of which is visible on the Indian markets.

It is being told that investors are now finding gold and silver to be the best option for safe investment. Prices are getting further support due to increasing demand. Today, in retail trade, the price of gold reached ₹ 1,53,210 per 10 grams, an increase of about Rs 480. On the other hand, silver has made investors rich, as it has seen a jump of ₹ 1,750 per kg in a single day.

What is the condition of gold and silver in your city?

After this change in prices, the rates have reached different levels in the major metros of the country. If we talk about the capital Delhi, then the price of 10 grams of gold remains around ₹ 1.52 lakh. Whereas in the financial capital Mumbai it is at the level of ₹ 1,52,246.

There is a huge difference in the prices of silver from city to city. The shine of silver is highest in Chennai, where one kg of silver has reached ₹ 2,75,100. It is trading around ₹2,65,100 in Delhi, ₹2,65,200 in Mumbai and around ₹2,63,000 in Kolkata. According to local people, this rise in prices amid wedding season and international tension can be heavy on the pockets of the middle class.

Trump’s statement has direct impact on the market

Market experts believe that Donald Trump’s ceasefire statement has created a new hope among investors, which not only sent the stock market soaring but also increased buying in precious metals. A rise of 0.69% has been recorded in silver, which indicates that silver remains the first choice for industrial demand as well as investment.

At present, according to the latest data of May 7, 2026, gold and silver seem to be moving towards their highest levels. Experts say that if global conditions remain the same, even bigger changes in prices may be seen in the coming days.