Gold Silver Rate Today, 10 April 2026: City-Wise Prices in Delhi, Mumbai, Chennai; MCX Gold, Silver Slip

Gold and silver prices in India eased after initial post-ceasefire spikes, with investors reassessing the US-Iran truce. Domestic gold rates fell, while silver retreated, amid ongoing geopolitical risk and upcoming US inflation data. The report covers city-wise rates, global gold and silver context, and practical considerations for buyers.

Gold Price Today, 10 April 2026: Gold and silver prices in India are easing after sharp post-ceasefire gains, as investors reassess the US-Iran truce and shift focus to US inflation data. Domestic gold has slipped about ₹2,340 per 10 grams from recent highs, while silver has dropped ₹5,000 per kg, though safe-haven interest still persists due to fragile geopolitics.

The initial surge in precious metals followed the US-Iran ceasefire announcement, which briefly pushed gold to a three-week peak and sent silver to record domestic levels. However, profit booking has emerged as traders lock in gains, even as continued restrictions at the Strait of Hormuz and patchy ceasefire reports keep geopolitical risk alive in the background.

Gold Price Today and Silver Price Today: Domestic market snapshot

In India, 24K gold is quoted at ₹15,148 per gram, or ₹1,51,480 per 10 grams, on 10 April 2026. Prices have backed off from post-ceasefire highs of ₹1.53 lakh per 10 grams, with an approximate decline of ₹2,340 across major centres. These values reflect standard market rates from leading jewellers, before GST and individual making charges.

For other purities, 22K gold stands at ₹13,885 per gram, equal to ₹1,38,850 per 10 grams, while 18K gold is priced at ₹11,361 per gram, or ₹1,13,610 per 10 grams. Buyers should remember that final billing includes 3% GST on gold value, plus making charges that typically range from 5% to 35%, depending on design and workmanship.

Gold Price Today and Silver Price Today: City-wise India gold rates

City-level data shows a near-uniform correction in 24K gold across major Indian markets, with most locations posting the same fall from Wednesday’s levels. The table below tracks 24K gold prices per 10 grams on 10 April 2026 compared with the previous session, along with the absolute change recorded.

Per-gram breakdowns show minor regional variation but the same broad pattern of cooling prices, with 24K, 22K and 18K rates moving in line with international benchmarks. Southern markets such as Chennai maintain a slightly higher tag in 24K, which mirrors local demand patterns and jewellery buying trends around weddings and festivals.

Gold Price Today and Silver Price Today: International gold moves and technical view

Globally, spot gold (XAU/USD) is trading close to $4,743.50 per ounce, pulling back modestly after a roughly 3% jump on the ceasefire news. The latest session saw a decline of about 0.5% to 1%, as many traders chose to lock in short-term profits while they wait for fresh cues.

Analysts highlight that gold’s rebound stalled around $4,800, where prices formed a shooting star pattern on Wednesday. Key resistance levels are now identified at $4,800, then $4,857, which marks the 8 April high, followed by the $4,900 and $5,000 zones. Each region may test buyers’ strength if momentum returns.

On the downside, technical support is placed near the 20-day simple moving average at $4,690, with further cushions at $4,656, aligned with the 100-day simple moving average, and then $4,553, which was the low recorded on 2 April. These levels are being watched by traders for potential accumulation zones.

The Relative Strength Index has moved above the neutral 50 mark, which indicates that buying interest is still present despite the recent pullback. Market commentators note that the underlying bias remains constructive, as safe-haven demand and central bank purchases continue to offer a floor, even if near-term volatility persists.

Gold Price Today and Silver Price Today: Drivers behind gold’s correction

The main trigger for the latest decline in gold is profit booking after the strong surge that followed the US-Iran ceasefire announcement. Traders who bought before or right after the news have been securing gains, leading to a mild correction, even while broader macro and geopolitical risks stay in focus.

Questions around the ceasefire’s durability are also weighing on sentiment, with reports of localised strikes and claims of breaches by both sides. At the Strait of Hormuz, restrictions remain heavy, with just 5 vessels reported passing, compared with a pre-war average of about 140, which keeps risk headlines in play for commodity markets.

Investors are now turning towards the upcoming US Consumer Price Index data for March, which is expected to show headline inflation rising from 2.4% to 3.3%. The reading could shape expectations on whether the Federal Reserve keeps interest rates steady or begins to hint at cuts later in the year.

Since gold does not generate interest income, its appeal usually improves when borrowing costs are expected to fall or remain subdued. Easing inflation pressures from lower crude prices after the truce, together with sustained central bank buying, are seen as supportive factors for gold’s longer-term outlook, even amid short-term swings.

Gold Price Today and Silver Price Today: Can gold prices climb again?

Market strategists say that gold retains a constructive path as long as it holds support around $4,690 per ounce, with resistance near $4,800 acting as the next key hurdle. A decisive break above this ceiling could open the way towards $4,857 and then the psychological $5,000 mark over the coming months.

The two-week ceasefire window is another key variable. Any breakdown in the agreement could quickly revive safe-haven flows and push gold higher again, especially if shipping through the Strait of Hormuz remains constrained. Ongoing central bank accumulation of bullion is also adding to long-term demand stability across cycles.

Expectations that softer oil prices may ease cost pressures raise the chance of future rate cuts by the Federal Reserve, which would typically support non-yielding assets. Against this backdrop, some analysts continue to advocate a "buy on dips" stance, with several forecasts still pointing towards targets around $5,000 per ounce by late 2026.

Domestic buyers weighing jewellery purchases must factor in 3% GST on gold value plus making charges, which normally sit between 5% and 35%. Those looking at gold as an investment may instead consider Gold ETFs or Sovereign Gold Bonds, which track market prices and avoid the labour premiums linked to physical ornaments.

Gold Price Today and Silver Price Today: India gold trend over the last 10 days

Recent price history shows that gold in India has moved in a narrow but volatile band during early April, influenced by global headlines and expectations on US policy. The table below records 24K and 22K gold rates per gram for the last ten trading days, including the latest cut seen on 10 April 2026.

This pattern underlines how quickly global cues filter into local bullion markets, especially around major geopolitical developments. Even small shifts in international prices or currency values can cause visible swings in rupee-denominated rates, highlighting the need for buyers and investors to monitor both domestic and overseas signals regularly.

Gold Price Today and Silver Price Today: Silver’s domestic retreat after record highs

Silver Price Today, 10 April 2026: Indian silver rates have eased after touching record highs on Wednesday, with domestic prices dropping by ₹5,000 per kg. Benchmark 999 purity silver now trades around ₹255 per gram, or ₹2,55,000 per kg, as traders book profits and reassess the impact of the temporary US-Iran ceasefire.

Retail buyers should note that these silver prices exclude statutory levies and making costs. A 3% GST is applied on the value of silver, while making charges on coins, bars or jewellery usually range between 5% and 25%. Actual quotes can vary by city and by store, based on local demand and supply conditions.

Gold Price Today and Silver Price Today: City-wise India silver rates and regional premiums

City-wise, most northern and western markets such as New Delhi, Mumbai and Ahmedabad are quoting ₹2,55,000 per kg for silver after the latest correction, whereas certain southern hubs command higher levels. The following table sets out 10 April 2026 prices per kg, along with the daily change and brief commentary on each region’s status.

Premiums of about ₹5,000 per kg in Chennai, Hyderabad and Kerala reflect stronger local demand, both cultural and industrial, compared with some northern cities. The next table breaks silver prices down by smaller weight slabs, showing rates for 10 grams, 100 grams and 1 kg in major urban centres on 10 April 2026.

Gold Price Today and Silver Price Today: Global silver trade and technical setup

On the international stage, spot silver (XAG/USD) is changing hands between $74.22 and $75.33 per ounce. Prices in the latest session edged higher by around 0.14%, though they remain well below the January 2026 peak of $121.64 per ounce, indicating that the market is still far from earlier highs.

Analysts say silver is currently going through a consolidation phase, as geopolitical risk premiums shift with each new ceasefire report and energy price move. Immediate technical support is seen around $72, while resistance is located close to $78, forming the short-term trading band that many participants are tracking.

On the domestic futures side, MCX Silver contracts are trading near ₹2,46,052 per kg, after having rallied more than 6% in the immediate aftermath of the ceasefire announcement. The recent decline reflects both profit taking and a recalibration of expectations about how long heightened tensions, and thus safe-haven flows, are likely to last.

From a macro perspective, the 16–20% slide in crude oil prices since the truce was announced has eased some concerns around energy-driven inflation. This has led to speculation that the US Federal Reserve could keep rates on hold or eventually turn more dovish, which has often benefited silver due to its dual role as both an industrial and precious metal.

Gold Price Today and Silver Price Today: Will silver find fresh momentum?

Whether silver can regain strong upside momentum will depend in part on the ceasefire’s stability, with the current agreement set for two weeks. Any renewed escalation could quickly trigger another wave of safe-haven interest, pushing prices higher, particularly if oil markets also react sharply to new headlines.

For now, analysts highlight $72 per ounce as a key support level and $78 as immediate resistance for silver. A clear move above the upper band may attract trend-following buying, whereas a drop below support could point towards deeper consolidation, at least until new data or events shift the outlook again.

Industrial demand remains an important anchor, with steady consumption from electronics and solar power sectors providing a structural base for silver usage. At the same time, southern Indian markets are maintaining a ₹5,000 per kg premium, aided by stronger local cultural and industrial demand compared with several other regions.

Many of the same considerations that apply to gold purchases also hold for silver, including the 3% GST on value and making charges, which generally range between 5% and 25% for coins, bars or jewellery. Buyers are advised to check final rates with local jewellers, as displayed prices usually exclude GST, TCS and additional levies.

Gold Price Today and Silver Price Today: India silver trend for the last 10 days

Recent history for domestic silver shows sizeable day-to-day changes, reflecting both international movements and shifting risk appetite. The table below outlines India’s silver rate per kg over the last ten days, including daily changes, capturing both the sharp rally earlier in the month and the current correction back towards ₹2,55,000.

Market commentary notes that profit taking has been influenced by reports of "ongoing sporadic fighting" and ceasefire violations, which keep investors cautious about chasing rallies. Silver’s direction from here will be shaped by how the truce evolves, movements in oil and inflation expectations, and the timing of any policy response from the US Federal Reserve.

Both gold and silver markets are therefore balancing softer prices after profit booking with lingering geopolitical risk and expectations of future rate decisions. With domestic buyers also facing GST and varying making charges, many households and investors are weighing physical purchases against financial options, while keeping a close watch on global developments and local rate movements.