Gold Silver Rate Today, 12 April 2026: City-Wise Prices, MCX Tracks Gold Rebound And Silver Stability

Indian bullion markets closed the week firmer, with domestic gold prices rising and silver holding near recent highs. The upmove reflects a softer dollar, lower oil prices, and cautious optimism around Islamabad talks, alongside regional demand and making charges that influence price levels across major centres.

Gold and silver prices in India on 12 April 2026 finish the week firmer, tracking calmer global trade after the US-Iran ceasefire and Islamabad peace talks cooled some geopolitical stress. Retail gold rates rise by about ₹490 per 10 grams, while silver holds steady at recent highs, as lower crude oil prices and a softer US dollar steady sentiment across bullion markets.

Domestic 24K gold now trades near three-week highs after a volatile stretch that followed the 8 April ceasefire announcement, which sparked a sharp jump to around $4,888 per ounce internationally. Although global markets are closed for the weekend, spot gold still ends the week roughly 2% higher, while silver records weekly gains between 1.6% and 2%.

Gold Price Today and Silver Price Today: Key domestic bullion rates

In India, benchmark 24K gold with 99.9% purity is quoted at ₹15,284 per gram on 12 April 2026, or ₹1,52,840 per 10 grams, marking a ₹490 rebound from the previous day in many major centres. The move reflects renewed buying interest during the weekend, even as international trade pauses.

For 22K gold, which has 91.6% purity and is widely preferred for jewellery, the nationwide reference rate stands at ₹14,010 per gram, or ₹1,40,100 for 10 grams. Meanwhile, 18K gold, often used in lighter designs, is priced at ₹11,463 per gram and ₹1,14,630 per 10 grams. These base prices exclude taxes and making charges.

Gold Price Today and Silver Price Today: City-wise Indian gold prices

Large cities report small differences in gold prices, mainly due to logistics, premiums and local demand. Delhi and Jaipur quote the highest 24K rate at ₹1,52,990 per 10 grams, while Chennai trades slightly above Mumbai at ₹1,53,820. Most other metros, including Mumbai, Bangalore, Hyderabad, Kolkata and Pune, track the all-India benchmark of ₹1,52,840.

Across the same cities, 22K gold ranges between ₹1,40,100 and ₹1,41,000 per 10 grams. Delhi, Jaipur and Lucknow show 22K prices of ₹1,40,250, while Mumbai, Bangalore, Hyderabad, Kolkata and Pune quote ₹1,40,100. Chennai again sits higher at ₹1,41,000, pointing to stronger local jewellery demand in the southern region.

The following table summarises 24K gold price changes in key centres compared with the previous session:

Gold Price Today and Silver Price Today: Broader gold market trends and drivers

Through the week, gold benefited as crude oil futures dropped more than 15% after the ceasefire, which weakened the US dollar and eased some inflation worries. That shift encouraged safe-haven buying early on, lifting prices before later profit-booking, when traders questioned the consistency of "mixed messaging" around the peace process.

Spot gold closes the week near $4,751.68 per ounce, or about $152.80 per gram, having secured a roughly 2% rise despite choppy trade. Support now lies close to $4,700 per ounce, with immediate resistance near $4,800, according to technical indicators tracked by many analysts and short-term traders.

The sharp move on 8 April, when the ceasefire became public, pushed international gold towards three-week highs around $4,888 amid a swift risk reset. Since then, prices have cooled slightly and moved into consolidation, as markets weigh the fragile truce against stubborn inflation pressures and the still-uncertain path of US interest rates.

Gold Price Today and Silver Price Today: Delhi gold rate trend over ten days

In Delhi, gold has seen notable swings over the last ten sessions, mirroring global events and domestic flows. The table below tracks 24K and 22K prices per gram between 3 April and 12 April 2026, highlighting how the ceasefire announcement and oil slump influenced local bullion values.

Gold Price Today and Silver Price Today: Impact of ceasefire and peace talks

Markets continue to follow developments in Islamabad, where high-level talks are discussing Iran's 10-point proposal during the first round of negotiations. While the ceasefire has allowed some oil tankers to resume movement through the Strait of Hormuz, transit remains limited, keeping a lingering "risk premium" in energy and metals pricing.

Lower crude prices have slightly eased global inflation fears, but many investors still await fresh US price data to gauge whether the Federal Reserve will stick with the current high-rate stance. Elevated interest rates typically weigh on non-yielding assets like gold, since they offer no regular income compared with bonds or deposits.

At the same time, continued buying by central banks worldwide is seen as supportive for bullion over the longer term. Some Indian investors, looking beyond short-term volatility, are turning towards Gold ETFs or Sovereign Gold Bonds (SGB) as alternatives to jewellery, mainly to avoid paying heavy making charges on physical ornaments.

Gold Price Today and Silver Price Today: Silver’s weekly performance and global backdrop

Silver prices also reflect the improved mood after the ceasefire, though gains are slightly smaller than gold in percentage terms. International spot silver, or XAG/USD, trades around $76.26 per ounce as the week ends, with weekly returns between 1.6% and 2%, helped by softer energy costs and reduced immediate inflation stress.

The initial truce announcement on 8 April triggered a rapid 15% correction in oil, which cooled expectations of runaway inflation and provided a short burst of buying interest across metals. However, as negotiators gathered in Islamabad and some geopolitical fears eased, part of silver’s earlier "safe-haven" premium unwound, moderating the overall rally.

Technical watchers now identify support for silver close to $75 per ounce, while resistance lies near $78. Any negative surprise from the peace process or renewed tension could again boost demand for hedging assets, including silver, whereas a steady diplomatic path and firm economic data might cap further sharp upside in the near term.

Gold Price Today and Silver Price Today: Domestic silver prices and regional premiums

Indian silver prices on 12 April 2026 remain unchanged from recent sessions, suggesting stable demand across major centres. Standard 999 purity silver is quoted at ₹260 per gram, ₹2,600 per 10 grams and ₹2,60,000 per kilogram. These base figures do not include GST or design-related charges levied by retailers.

City-wise, most northern and western hubs, including Delhi, Mumbai, Bangalore, Kolkata, Pune, Ahmedabad and Gurgaon, report ₹2,60,000 per kilogram. Southern markets such as Chennai, Hyderabad and Kerala continue to trade at ₹2,65,000 per kilogram, maintaining a ₹5,000 premium that dealers link to stronger local consumption and industrial usage.

Gold Price Today and Silver Price Today: Silver trend over ten days and supply factors

Indian silver prices have mostly held a narrow band during the last ten days, apart from two notable moves around the ceasefire. The rate jumped to ₹2,60,000 per kilogram on 8 April from ₹2,50,000, then briefly slipped to ₹2,55,000 on 9 April, before regaining the higher level on 10 April and staying flat since.

On the supply side, London vaults recently reported that silver holdings fell 2.4% earlier this month, down to 27,065 tonnes. That reduction hints at tighter physical availability, which can provide a cushion to prices, especially if investment and industrial demand stay firm in the coming months.

Gold Price Today and Silver Price Today: Interest rates, MCX trade and investment options

With fuel prices now cooler after the ceasefire, many traders expect the Federal Reserve to keep rates unchanged rather than tighten further. A stable or softer rate path tends to reduce the opportunity cost of holding gold and silver, since these metals do not generate interest income for investors.

On the domestic futures side, silver May contracts on MCX were last noted around ₹2,43,000 per kilogram as trading ended for the week. That level sits below spot quotes in many physical markets, reflecting costs, taxes, spreads and expectations around near-term global price moves in the derivatives segment.

For Indian buyers, both gold and silver carry a 3% Goods and Services Tax on the metal value, over and above any TCS or other levies. Jewellery-making charges usually range from 5% to 35% for gold and 5% to 25% for silver, depending on design complexity and brand, which can materially raise final purchase bills.

Gold Price Today and Silver Price Today: What could move bullion prices next?

Looking ahead, bullion traders see several triggers that might influence gold’s next move. Support near $4,700 and resistance at $4,800 are watched closely, while any breakdown in the Islamabad discussions could renew safe-haven demand and push prices closer to recent highs once again.

For silver, key levels around $75 and $78 per ounce are important markers, alongside trends in physical stocks and regional premiums. Any setback in the peace process or shock in energy prices could lift demand again, though a calm diplomatic path and firm growth might instead encourage more range-bound trade.

Retail investors considering gold or silver now must balance geopolitical risks, US rate expectations and domestic making charges. Some are opting for Gold ETFs, SGBs or silver-based financial products to gain price exposure without incurring high fabrication costs, while others still prefer physical bars, coins or jewellery for cultural and personal reasons.

Both gold and silver end 12 April 2026 on a relatively firm footing, supported by lower crude prices, a softer dollar and cautious optimism around peace talks in Islamabad. While near-term moves will depend on diplomatic progress and incoming US inflation data, Indian buyers continue to track daily bullion quotes closely, adjusting purchases across jewellery, coins and investment products.