Gold and silver prices have fallen today. Gold and silver have become cheaper. On Monday, gold and silver prices opened much lower on India’s Multi Commodity Exchange (MCX). Today a sharp fall in the prices of gold and silver was seen in the futures market. In initial trade, silver became cheaper by about Rs 14 thousand per kg. At the same time, the price of 10 grams of gold has also reduced by approximately Rs 7 thousand.
Rising tensions in the Middle East and inflation concerns arising from high crude oil prices had further strengthened expectations of a rise in global interest rates. Due to this, the commodity market is getting less support and their prices are decreasing.
latest quotes on mcx
On MCX, silver futures maturing in May 2026 fell by Rs 13,606, or 6%, to Rs 2,13,166 per kg. At the same time, gold futures deals for delivery in April 2026 fell by Rs 7,115, or 5%, to Rs 1,37,377 per 10 grams. On the other hand, spot prices of gold and silver have also fallen today. According to the data of Good Returns, today the price of 10 grams of gold in Delhi has decreased by Rs 5950 to Rs 1,40,170 and silver has become cheaper by Rs 15 thousand to Rs 2 lakh 30 thousand per kg.
Gold and silver in global market
There was a huge fall in the prices of gold in the international market on Monday. Prices fell more than 2% to their lowest level in nearly four months. Spot gold fell 2.5% to $ 4,372.86 an ounce at the time of writing. This was the ninth consecutive session when prices fell and it reached its lowest level since January 2. Last week itself, the prices of this metal had fallen by more than 10%. At the same time, silver also weakened in the spot market and fell by 3.2% to $ 65.61 an ounce.
The biggest weekly fall in gold prices was recorded in 43 years. Prices fell more than 10% last week and closed below $4,500 per troy ounce in the spot market on Friday.
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