Gold and Silver Prices on April 5: Market Update
Gold, silver rate today, 5 April: Check live price of 24 kt, 22 kt, 18 kt gold and 10 gm, 100 gm, 1 kg silver
Mint
Image: Mint
On April 5, gold prices in India showed a slight increase, with rates varying across cities. Gold is priced at approximately ₹1,49,240 for 24 karat in Delhi, while silver is around ₹2,325 for 10 grams. These fluctuations are attributed to ongoing geopolitical tensions affecting global markets.
- 01Gold prices in India increased slightly on April 5.
- 02In Delhi, 24 karat gold is priced at ₹1,49,240.
- 03Silver prices have seen a significant drop recently, now at ₹2,325 for 10 grams.
- 04Market fluctuations are influenced by geopolitical tensions, particularly the US-Iran situation.
- 05Gold prices remain 17% lower than their record high.
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On April 5, gold and silver prices in India experienced minor fluctuations, with gold priced at ₹1,49,240 for 24 karat in Delhi. This reflects a slight increase compared to previous days, while silver prices have dropped significantly, now at ₹2,325 for 10 grams. On April 3, gold closed at ₹1,49,650 per 10 grams, still 17% below its record high of ₹1,80,779. The recent price changes are largely attributed to geopolitical tensions, particularly the ongoing US-Iran conflict, which has led to supply constraints and affected both Indian and global stock markets. Prices vary slightly across major cities, with gold rates in Mumbai at ₹1,49,490 for 24 karat and silver in Chennai at ₹2,336 for 10 grams.
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The fluctuations in gold and silver prices can directly affect consumers and investors, influencing decisions on purchases and investments.
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