Gold Prices Slip on Monday Despite Weekly Gains; Silver Also Eases — Check Latest Rates

Gold prices in India opened the week on a weaker note, witnessing a slight decline on Monday, April 6, 2026. The fall comes after a strong upward trend seen over the past week, where both gold and silver recorded notable gains. Despite today’s dip, the overall market sentiment for precious metals remains influenced by a mix of domestic demand and global economic cues.

Gold Prices Today in Major Cities

As of Monday morning, the price of 24-carat gold in Delhi stands at ₹1,51,070 per 10 grams, while 22-carat gold is priced at ₹1,38,490 per 10 grams. In Mumbai, the rate for 24-carat gold is slightly lower at ₹1,50,920 per 10 grams, and 22-carat gold is available at ₹1,38,340 per 10 grams.

Other major cities reflect similar pricing trends. In Chennai, 24-carat gold is trading at ₹1,52,170 per 10 grams, with 22-carat gold priced at ₹1,39,490. Meanwhile, in cities like Pune and Bengaluru, 24-carat gold is priced at ₹1,50,920, and 22-carat gold at ₹1,38,340 per 10 grams.

Latest Gold Rates Across Key Cities

Weekly Trend: Strong Gains Despite Today’s Dip

Even though prices have softened today, gold has shown a significant upward movement over the past week. The price of 24-carat gold has increased by approximately ₹2,860 per 10 grams, while 22-carat gold has risen by around ₹2,600 during the same period.

On the previous Friday, gold prices remained stable in the Delhi bullion market, with 24-carat gold holding steady at ₹1,51,500 per 10 grams. This stability was followed by a slight correction at the beginning of the new week.

Global Factors Driving Gold Prices

Internationally, gold continues to trade at elevated levels. The current spot price of gold in the global market is around $4,591.52 per ounce. Fluctuations in global gold prices, currency movements, geopolitical tensions, and central bank policies play a crucial role in determining domestic rates in India.

Experts believe that upcoming economic data and policy decisions, especially from central banks, will influence the direction of gold prices in the coming days. Factors such as inflation trends, interest rate outlook, and global uncertainties continue to shape investor sentiment toward safe-haven assets like gold.

Silver Prices Also Decline

Alongside gold, silver prices have also edged lower today. As of April 6, silver is trading at ₹2,49,900 per kilogram in the domestic market. This marks a slight drop compared to previous levels.

However, similar to gold, silver has witnessed a strong rally over the past week, gaining nearly ₹5,000 per kilogram. On Friday, silver prices in the Delhi bullion market remained unchanged at ₹2,37,000 per kilogram.

In the international market, silver is currently priced at approximately $69.57 per ounce, reflecting ongoing volatility.

Silver’s Remarkable Journey in 2026

Silver has been one of the standout performers this year. Notably, in January 2026, silver prices crossed the ₹4 lakh per kilogram mark, highlighting strong investor interest and industrial demand. Although prices have moderated since then, the metal continues to attract attention due to its dual role as both an industrial and investment asset.

What Lies Ahead?

Market experts suggest that the direction of gold and silver prices in the coming week will largely depend on global economic developments and domestic policy announcements. Key factors such as central bank decisions, especially monetary policy updates, inflation data, and geopolitical developments could drive price movements.

For investors, the current phase presents both caution and opportunity. While short-term fluctuations may continue, precious metals remain a popular choice for hedging against uncertainty and inflation over the long term.

Disclaimer: Prices mentioned are indicative and may vary slightly based on location and local taxes.