Gold, Silver Prices Fall on April 9 Amid Strong Dollar Pressure

Brief By Newsbrief / 2:56 PM on 09 Apr 2026

Gold and silver prices witnessed a decline on April 9 across both domestic and international markets, largely due to the strengthening of the US dollar index, which rose above 99. A stronger dollar typically reduces the appeal of precious metals, leading to lower demand globally. On the Multi Commodity Exchange (MCX), gold prices slipped during early trade, while silver recorded a sharper fall throughout the session.

In international markets as well, both metals showed downward movement, reflecting weak investor sentiment. Despite recent months of relative stability, with gold hovering around ₹1.5 lakh per 10 grams and silver near ₹2 lakh per kg, the current dip signals volatility driven by global economic factors.

Analysts suggest that fluctuations in the dollar index and broader macroeconomic trends will continue to influence bullion prices. In the near term, gold and silver may remain under pressure unless global conditions shift in favor of safe-haven assets.