Brief By Newsbrief / 3:15 PM on 06 Apr 2026
Gold and silver prices have softened in early April, providing partial relief to buyers and investors amid ongoing global market volatility. Gold prices have declined slightly over the past week, with 24-carat gold trading near Rs 15,092 per gram, while silver has dropped by up to 2%, currently hovering around Rs 819 per 10 grams. Analysts attribute the dip largely to a strengthening US dollar and shifting global sentiment influenced by geopolitical tensions, including developments involving the US and Iran.
Despite the decline, domestic demand in India remains stable, particularly due to the ongoing wedding season, which continues to support retail purchases. Experts suggest that this price correction could present a favourable entry point for long-term investors. However, they also caution that global uncertainties may keep prices volatile in the near term, urging investors to remain cautious and monitor market trends closely before making significant investment decisions.