Gold and silver prices recorded a sharp increase in the domestic commodity market on March 25, following a recent phase of decline. Both precious metals traded higher on the Multi Commodity Exchange, indicating a shift in market direction.
MCX gold futures for April 2, 2026 expiry opened at Rs 1,43,079 per 10 grams, compared with the previous close of Rs 1,38,912. At around 10:00 am, gold was trading at Rs 1,44,325 per 10 grams, up approximately 3.90 percent. During the session, it touched a high of Rs 1,44,434.
Silver prices also registered a significant increase. MCX silver futures for May 5, 2026 expiry were trading higher by about Rs 12,450 at Rs 2,36,400 per kilogram. The contract opened at Rs 2,32,898 and rose to an intraday high of Rs 2,36,899, reflecting a gain of approximately 5.56 percent.
In the spot market, silver prices rose across major cities. In Delhi, Mumbai and Kolkata, silver was priced at around Rs 2,500 per 10 grams, while 100 grams cost approximately Rs 25,000. In Chennai, silver was priced higher at around Rs 2,600 per 10 grams, indicating marginal variation across cities.
Gold prices also increased in key urban markets. In Delhi, 24-carat gold was priced at Rs 1,46,820 per 10 grams, while 22-carat gold stood at Rs 1,34,600 and 18-carat gold at Rs 1,10,160.
In Mumbai and Kolkata, 24-carat gold was priced at Rs 1,46,670 per 10 grams, while 22-carat gold was at Rs 1,34,450 and 18-carat gold at around Rs 1,10,010.
In Chennai, 24-carat gold was priced at Rs 1,44,550 per 10 grams, with 22-carat at Rs 1,32,490 and 18-carat at Rs 1,10,490. In Hyderabad, 24-carat gold stood at Rs 1,46,670, 22-carat at Rs 1,34,450 and 18-carat at Rs 1,10,010 per 10 grams.
In other cities including Ahmedabad, Lucknow and Patna, 24-carat gold traded between Rs 1,46,720 and Rs 1,46,820 per 10 grams. Prices for 22-carat gold ranged between Rs 1,34,500 and Rs 1,34,600, while 18-carat gold was between Rs 1,10,060 and Rs 1,10,160.
The increase in gold and silver prices is attributed to global market volatility, increased demand in the commodity market, and investor preference for safe-haven assets during periods of uncertainty.
