There has been a rise in aluminum and copper.
A statement by US President Donald Trump and gold and silver gained strong momentum. In fact, a statement was issued by Trump that an agreement can be reached on Iran-America ceasefire. After this news, the Indian stock market ran up and on the other side the prices of gold and silver also gained momentum. There was a sharp decline in the prices of crude oil.
There is a bullish environment in both domestic and international markets. Gold June contract on MCX was seen trading at Rs 1,52,715. While the Silver July contract reached Rs 2,55,826. At the same time, in the retail market, 24 carat gold remains at Rs 1,53,210 per 10 grams and silver at Rs 2,55,100 per kg. In the international market too, gold has risen by more than 3 percent, while silver has registered a strong rise of more than 6 percent.
Silver became costlier by Rs 1750
Both gold and silver on MCX are trading near record levels. Gold reached ₹1,53,210 per 10 grams, while silver reached ₹2,55,830 per kg. Due to the strength in the global market and increasing demand, investors’ inclination towards precious metals has increased. Talking about retail business, there is a strengthening in the prices of gold and silver. The price of gold reached above Rs 1,53,210 per 10 grams, an increase of Rs 480 i.e. 0.31%. At the same time, the price of silver has increased to Rs 2,55,830 per kg and an increase of Rs 1,750 i.e. 0.69% was seen.
What is the price in your city?
This is a matter of domestic and international market. Now let us tell you the current rates of gold and silver in your city. In Chennai, the price of 1 kg silver reached Rs 2,75,100, while in the country’s capital Delhi its price reached Rs 2,65,100. In the country’s financial capital Mumbai, the price of 1 kg silver is around Rs 2,65,200, while in Kolkata its price is around Rs 2,63,000. At the same time, today the prices of gold have again seen a rise across the country. On May 7, 2026, 24 carat gold has crossed ₹ 1.52 lakh per 10 grams in many cities. In the country’s capital Delhi, the price of 10 grams of gold was around Rs 1.52 lakh, while in Mumbai it was Rs 1,52,246.
