Gold-Silver Price: Gold and silver prices returned, silver became costlier by Rs 3,353 as soon as the market opened, gold increased by Rs 1000

Gold-Silver Price Today 17 March 2026: There is a rise in the prices of gold and silver on the second day of the business week. In early trade on MCX, gold rose by more than Rs 1,000, while silver opened with a rise of around Rs 5,000. Gold for delivery on April 2 had closed at Rs 1,55,736 per 10 grams in the last session and opened at Rs 1,56,891 today.

In early trade it rose by Rs 1,260 to reach Rs 1,56,996. At 9.21 am it was trading at Rs 1,56,700 with a rise of Rs 964. At the same time, silver for delivery on May 5 had closed at Rs 2,56,532 per kg in the last session and today opened at Rs 2,61,457 with a rise of Rs 4,925.

Silver prices rise by Rs 3,353

At around 10 am, silver was trading at Rs 2,59,885 with an increase of Rs 3,353 or 1.31 per cent. Earlier on Monday, gold had fallen by Rs 2,950 to Rs 1,60,000 per 10 grams and silver had fallen by Rs 9,000 to Rs 2,56,000 per kg in the Delhi bullion market.

Condition of gold and silver in international market

In the international market, spot gold was almost steady at $5,005.54 an ounce in the morning in Singapore. Silver rose 0.1 percent to $ 80.90 an ounce. In the last session it had seen a decline of 0.3 percent. Oil prices rose on Tuesday after falling on Monday. The price of gold has increased by about 16% so far this year.

Why did the prices increase suddenly?

According to experts, there are many reasons behind the increase in gold and silver prices. The first reason is that crude oil prices remain above $100 per barrel, due to which there is a possibility of inflation increasing and economic growth being affected. High oil prices directly increase inflation and in this situation gold becomes a safe option for investors.

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The second reason is the volatility in the US dollar ahead of the US Federal Reserve’s policy meeting on March 18. The possibility of the Fed leaving interest rates unchanged may boost the dollar, but the growing crisis in the Middle East will keep demand for gold intact.