On April 6, silver prices surged by ₹5,000 to ₹2.42 lakh (approximately $2,930 USD) per kilogram in New Delhi, while gold advanced by ₹2,300 to ₹1.53 lakh (approximately $1,850 USD) per 10 grams. The rise in prices was attributed to a weaker US dollar and a decline in crude oil rates, prompting value buying among traders. According to Saumil Gandhi, a Senior Analyst at HDFC Securities, the recovery in bullion prices followed a recent decline in precious metals, with traders capitalizing on lower prices. In the international market, spot silver rose by 0.5% to $73.37 per ounce, and gold gained 0.14% to $4,682.80 per ounce. Analysts noted that geopolitical tensions, particularly in West Asia, would continue to influence market direction, with traders closely monitoring upcoming US economic data and developments in the Strait of Hormuz. Despite the recent gains, some analysts cautioned that strong US macroeconomic data could limit further price increases for gold.