Gold prices opened the new financial year on a strong note, registering a sharp rise across major Indian cities. Alongside gold, silver prices have also moved upward, reflecting global market trends and renewed domestic demand.
Here’s a complete update on today’s gold and silver rates, along with the key reasons behind the surge.
On April 1, 2026, gold prices increased significantly in cities like Delhi, Mumbai, and Chennai.
| City | 22 Carat (₹) | 24 Carat (₹) |
|---|---|---|
| Delhi | 137,210 | 149,670 |
| Mumbai | 137,060 | 149,520 |
| Ahmedabad | 137,110 | 149,570 |
| Chennai | 136,690 | 149,120 |
| Kolkata | 137,060 | 149,520 |
| Hyderabad | 137,060 | 149,520 |
| Jaipur | 137,210 | 149,670 |
| Bhopal | 137,110 | 149,570 |
| Lucknow | 137,210 | 149,670 |
| Chandigarh | 137,210 | 149,670 |
👉 Gold prices are hovering close to ₹1.5 lakh per 10 grams for 24-carat purity in most cities.
Silver has also followed gold’s upward trend:
👉 This reflects a rebound after previous declines earlier in the year.
International trends are playing a major role in pushing gold prices higher.
Global uncertainty continues to drive investors toward safe-haven assets like gold.
Several factors are contributing to the surge:
Ongoing geopolitical tensions, particularly involving Iran, Israel, and the US, are impacting commodity markets.
With the wedding season approaching, jewellers are increasing purchases, pushing prices upward.
A weaker rupee makes gold imports more expensive, increasing domestic prices.
Interestingly, this rise comes after a sharp correction:
👉 The current rise could be seen as a rebound after this steep fall.
✔ Gold is becoming expensive again
✔ Short-term volatility may continue
✔ Buyers may wait for price stabilization
For investors, gold remains a safe-haven asset, especially during uncertain global conditions.
The first day of FY 2026–27 has brought a strong upward move in gold and silver prices. With global factors, currency fluctuations, and seasonal demand all playing a role, prices may remain volatile in the coming weeks.
If you’re planning to invest or buy jewellery, keeping a close eye on daily price movements will be essential.
