Gold, silver hold steady as prices hover in Mumbai
Gold, silver hold steady as prices hover in Mumbai
Gold and silver prices hold steady across India on April 24, 2026, with 24K around ₹15,354/g and silver near ₹2,59,900/kg, varying slightly by city like Mumbai.
Gold and silver prices in India on April 24, 2026 stayed largely steady, with 24-karat gold hovering around ₹15,354 per gram and 22-karat gold near ₹14,074 per gram. Silver traded close to ₹2,59,900 per kilogram, as prices showed only minor fluctuations across major cities. Global tensions in West Asia and a mixed dollar outlook kept investors cautious, even as domestic demand remained stable ahead of wedding and festival seasons.
City-wise, Delhi, Mumbai, Chennai and Kolkata showed small variances. In Delhi, 24K gold was around ₹15,369 per gram while 22K traded at about ₹14,089 and 18K at ₹11,530. Mumbai mirrored the national averages with 24K around ₹15,354, 22K near ₹14,074 and 18K about ₹11,515; Chennai priced 24K at ₹15,447, 22K at ₹14,159 and 18K at ₹11,809; Kolkata had 24K near ₹15,354, 22K around ₹14,074 and 18K at ₹11,515. Silver rates were ₹2,599 per 10 gram in Delhi, Mumbai and Kolkata, with Chennai slightly higher at ₹2,699 per 10 gram, while the per-kilogram rates ranged around ₹2,59,900 to ₹2,69,900.
On the futures side, MCX closing prices for gold were broadly flat, while silver futures slipped more than 2%. Analysts note that prices remain sensitive to international bullion trends, rupee-dollar movements, and import duty changes, but current demand in retail markets supports price stability. The upcoming wedding season and regional festivals typically buoy local buying, helping cushion against sharper corrections.
Overall, bullion buyers are seeing a calm market for now, with modest gains possible if global cues shift, but little room for dramatic swings in the short term. Consumers are advised to watch currency movements and any policy updates that could alter import costs.
