Gold Price In India Jumps Rs 53500/100 Gm in Week, Silver Stalls; Rupee Recovery Hints At Buying Opportunity?

Gold Price in India: Prices of 24 karat, 22 karat, and 18 karat gold staged a sharp rebound this week, driven by heightened geopolitical tensions from the Iran-US conflict and pressure on the Indian Rupee against a strengthening US dollar. However, gold rate in India remained largely steady on Saturday, April 4, while silver price today edged slightly lower.

The precious metal saw a massive decline in mid-March as the Strait of Hormuz blockade fuelled a crude oil price rally. The surge in the crude price raised inflation fears and shifted investors interest from safe-haven assets like gold and silver.

Back in India, the gold price crash in March served as an attractive buying opportunity for investors and retail jewellery buyers. Here are the latest details of gold and silver rates in India on Saturday, April 4.

Gold Rate in India Today

The price of 24 karat gold in India remained at Rs 15094 per gram on Saturday, April 4. Which means that 10 grams of 24 karat gold in India was priced at Rs 1,50,940 on Saturday. Likewise, the price of 22 karat gold in India stood at Rs 13,836 per gram. The rate of 18 karat gold in India was recorded at Rs 11,321 per gram.

Silver Rate Today in India

The price of silver in India stood at Rs 249.9 per gram and at Rs 2,49,900 per kilogram on Saturday. Silver price today were marginally lower, but remained stable throughout the week. The precious metal showcased massive volatility in January and February month.

Gold Rate Today in Indian Cities

Indian Rupee Sees Biggest Gain In Years: Will Gold Price in India Correct?

Days after seeing massive decline, Indian Rupee closed higher on Thursday, April 2, which was the last working day of the week. The domestic currency ended at 93.1 per US Dollar which was higher than Monday's close of 94.3 per USD.

The sharp recovery in the Indian Rupee may also impact gold rate in India. "When the Rupee weakens against the US Dollar, gold becomes more expensive in India even if global prices do not rise. For example, a 1-2% fall in the Rupee can directly increase domestic gold prices," explained Darshan Rathod, COO, Multyfi. Conversely, a strengthening rupee can ease domestic gold prices.

Gold Rate in India Rallies Rs 53500/100 Gm in Week

Gold price in India rallied close to Rs 53,500 per 100 gram since last Saturday, as per Goodreturns data. The precious metal saw some correction on April 2 but ended the week with a gain.

International Gold Rate

International gold rate declined 2% to 4,677 per ounce on Friday, as per Trading Economics Data. The precious metal decline came after seeing a four-day rally in prices followed by Donald Trump's vow to intensify attack on Iran. The crude oil prices rallied after Trump's latest statement and weighed the sentiment around gold.

""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," explained Rajeev Sharan, Head of Research, Brickwork Ratings.

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