BIG Fall In Gold Price in India Today! 24K Down Rs 8,200/100 Gm, Silver Stable Ahead of Trump Deadline

Gold Rate in India Today: The price of 24 karat, 22 karat and 18 karat gold in India saw a sharp decline on Tuesday, April 7, as part of a weaker sentiment prevailing across the bullion market due to geopolitical tensions. Meanwhile, the silver price in India, on Tuesday, remained steady after seeing large swings in the past two months.

Gold price in India declined today as global investors closely monitored rising geopolitical tensions after Donald Trump set a Tuesday 8 PM (EST) deadline for Iran to reopen the Strait of Hormuz. However, Tehran has rejected the ceasefire proposal, escalating uncertainty in global markets.

Back in India, the decline in gold rates in India has emerged as a lucrative opportunity for gold jewellery buyers and investors.

Gold Rate in India Today

The price of 24 karat gold in India declined by Rs 82 per gram to Rs 14,984 per gram on Tuesday, April 7. The rate of 22 karat gold in India fell by Rs 75 per gram to Rs 13,735 per gram. Likewise, the rate of 18 karat gold in India dipped by Rs 61 per gram to Rs 11,238 per gram.

Silver Rate in India Today

The price of silver in India remained stable on Tuesday. Silver price today in India stood at Rs 250 per gram and at Rs 2,50,000 per kilogram. Silver price in India saw a sharp surge in January followed by a steep decline in February.

" The recent strength of the U.S. dollar has weighed heavily on precious metals, as escalating tensions in the Middle East and rising inflation fears continue to dampen investor sentiment, leading to a cautious outlook for the Federal Reserve's rate cuts. Additionally, crude oil prices edged down to $111.33 per barrel (approximately ₹10,336), reflecting a slight decrease of 0.19%, as traders remain vigilant amid geopolitical uncertainties," added Gaurav Garg, research analyst at Lemonn markets desk.

""Gold's recent trajectory underscores the fragile balance between global risk sentiment and monetary policy recalibration. Prices surged on April 1, 2026, amid the Iran-US conflict, briefly peaking near USD 4,800 per ounce before retreating to around USD 4,679 by April 2. This pullback reflects the strengthening USD and evolving interest rate expectations, which have tempered bullion's upward momentum. Yet, persistent geopolitical tensions and concerns over global growth continue to reinforce gold's safe-haven appeal, ensuring demand remains resilient," noted y Rajeev Sharan, Head of Research, Brickwork Ratings.

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