Gold and silver prices continued to fluctuate in global markets despite reports of easing tensions in the Middle East, while domestic bullion markets in India recorded a firm trend on April 18, 2026, supported by rising demand ahead of the wedding season.
According to the latest rates issued on April 18, 2026, both precious metals registered marginal gains in India, with buying activity remaining elevated. Market participants indicated that movements in international markets, particularly on COMEX, could have a direct impact on domestic bullion prices.
Wedding Season Demand Supports Market Activity
With the onset of the wedding season in India, jewellery markets have witnessed an increase in footfall. Despite higher prices, there has been no significant decline in demand for gold and silver. Continued purchasing activity in the domestic gold market indicates that consumers continue to view the metal as both a store of value and a traditional asset.
Gold Prices Across Major Cities on April 18, 2026
In Delhi, 24-carat gold was priced at ₹1,55,120 per 10 grams, while 22-carat and 18-carat gold stood at ₹1,42,200 and ₹1,16,380 per 10 grams, respectively.
In Mumbai, 24-carat gold was at ₹1,55,780, with 22-carat at ₹1,42,800 and 18-carat at ₹1,16,840 per 10 grams.
In Chennai, 24-carat gold was priced at ₹1,55,010, while 22-carat and 18-carat gold were at ₹1,42,090 and ₹1,18,590 per 10 grams, respectively.
In Kolkata, prices were similar to Mumbai, with 24-carat gold at ₹1,55,780, 22-carat at ₹1,42,800, and 18-carat at ₹1,16,840 per 10 grams.
In Ahmedabad, 24-carat gold was priced at ₹1,55,830, 22-carat at ₹1,42,850, and 18-carat at ₹1,16,890 per 10 grams.
In Lucknow, 24-carat gold stood at ₹1,55,930, while 22-carat and 18-carat gold were at ₹1,42,950 and ₹1,16,990 per 10 grams, respectively.
In Patna, 24-carat gold was priced at ₹1,55,830, with 22-carat at ₹1,42,850 and 18-carat at ₹1,16,890 per 10 grams.
In Hyderabad, 24-carat gold was at ₹1,55,780, 22-carat at ₹1,42,800, and 18-carat at ₹1,16,840 per 10 grams.
Silver Prices Remain Stable at Elevated Levels
Silver prices in India remained stable with a marginal firm trend. In Delhi, Mumbai, and Kolkata, silver was priced at ₹2,750 per 10 grams and ₹27,500 per 100 grams, while in Chennai it was quoted at ₹2,749 per 10 grams.
Prices of silver continue to hold steady, with no visible decline in demand in the domestic market.
