Gold, Silver Prices Today: Yellow Metal Dips Amid Global Market Turmoil; Check City-Wise Rates

Gold prices saw a notable decline on Tuesday, falling by up to ₹600 across various parts of India. The dip is attributed to macroeconomic uncertainties and volatile global stock markets, largely triggered by Donald Trump's aggressive tariff stance. In Mumbai, the precious metal was trading lower in the morning at ₹82,250 per 10 grams for 22-carat and ₹89,730 per 10 grams for 24-carat gold.

Silver, on the other hand, displayed flat momentum earlier in the day.

In futures trading, gold for June 2025 contracts on the Multi Commodity Exchange (MCX) was up by 0.80 per cent, reaching ₹87,625 per 10 grams. Silver futures also edged higher, rising by 1.12 per cent to ₹89,234 per kilogram.

On the international front, gold prices increased by 1.13 per cent around 10:30 am, reaching $3,000.79 per ounce. Silver followed suit, climbing by 1.08 per cent to $30.10 per ounce.

While 24-carat gold-renowned for its unrivalled purity-continues to attract premium buyers, 22-carat gold remains the preferred choice for jewellery lovers and investors alike, valued for its strength and classic appeal.

Here's a city-wise breakdown of gold rates on 8 April 2025:

Silver Prices in India - 8 April 2025

In the spot market, silver prices dropped by ₹4,900, settling at ₹94,000 per kilogram this morning, as per data from goodreturns.in.