Gold Price Today in India Up Rs 13600/100G In 48 Hrs! 24K Volatile Ahead of Akshaya Tritiya, Silver Stable

Gold Price In India Today: The price of 24 karat, 22 karat, and 18 karat gold in India jumped in the last two to three days. Jump in gold rates in India came as weaker US Dollar and developments around Iran-US war impacted Investors sentiment. Silver price in India also saw some upside move, however, it remained stable on Saturday, April 11.

Bullish momentum in domestic precious metal prices mirrored trends in global bullion markets, as geopolitical developments continued to influence gold sentiment. While the two-week Iran-US ceasefire initially provided relief and supported prices, its impact proved short-lived. Conflicting statements from leadership on both sides have since rekindled uncertainty, keeping market sentiment volatile and headline-driven.

Back in India, gold and silver prices are tracked on daily basis, mostly by retail jewellery buyers and investors. Here are all the details about latest gold rate in India today, ie on Saturday, April 11.

Gold Price in India Today

The price of 24 karat gold in India jumped by Rs 49 per gram to Rs 15,284 per gram, as per Goodreturns data at 12:30 pm on April 11. The rate of 22 karat gold in India today rallied by Rs 45 per gram to Rs 14,010 per gram. Likewise, the rate of 18 karat gold in India surged by Rs 37 per gram to Rs 11,463 per gram.

As per Goodreturns data, 24 karat gold in India has surged nearly Rs 136 per gram in last two days, which translates to a Rs 136,00/100 gram jump in the duration.

Silver Rate in India Today

The price of silver in India stood at Rs 260 per gram and at Rs 2,60,000 per kilogram. Silver rate in India today remained largely stable after seeing wild swings in January and February. Silver price in India saw a massive rally in January, followed by a huge crash in February.

Gold Price Outlook

Gold price in India is likely to trade in a range-bound manner in the comig days, atleast till the Iran-US ceaseire expiry. "In the short term, gold is likely to remain range-bound, balancing geopolitical developments and monetary policy signals. If inflation surprises on the upside and the ceasefire hold with geopolitical risks fading, prices could drift lower. If the ceasefire breaks or there is no permanent solution and inflation cools, gold may edge higher. We can expect to see continued short-term volatility rather than a strong directional move in the near term, until we see some clarity and a more stable outlook," explained Ross Maxwell, Global Strategy Operations Lead, VT Markets.