Gold prices in India edged higher on Friday, April 18, reflecting market jitters triggered by global economic uncertainties and shifting tariff policies. Meanwhile, silver saw a slight dip, continuing its volatile trend this month.

Gold Rates Surge Across Major Cities

In the national capital, gold saw a notable upswing. The price of 22-carat gold rose to Rs 89,360 per 10 grams, while 24-carat gold climbed to Rs 97,470 per 10 grams. These rates underscore a renewed investor interest in precious metals, especially amid ongoing inflation concerns and volatile market trends.

24-carat gold, prized for its purity and premium appeal, continues to lead demand among investors seeking reliable hedges. On the other hand, 22-carat gold remains a practical favorite, especially for those investing in jewelry that balances durability with elegance.

Silver Slips Slightly Amid Market Volatility

In contrast to gold’s rally, silver prices dropped by Rs 100, settling at Rs 99,900 per kilogram in Delhi, according to data from goodreturns.in. This slight pullback comes after silver had experienced a bullish run earlier in the month.

While silver has seen some cooling, analysts suggest its trajectory still aligns with broader commodity market trends, where fluctuations are being driven by international trade shifts and currency fluctuations.

Factors Driving Precious Metal Prices

Gold and silver rates in India are heavily influenced by several global and domestic triggers—ranging from international market trends, import duties, and taxation policies to changes in currency exchange rates. Additionally, demand spikes around traditional buying seasons like weddings and festivals contribute to the daily price dynamics.

For investors tracking the Nifty or closely following a bank rally or surging auto stocks, precious metals offer a contrastingly stable investment option during turbulent periods. As such, staying informed about live market movements is essential to make smart, timely decisions.

With uncertainty looming in global markets, the upward move in gold could signal a continued trend of investors leaning toward safer assets. Meanwhile, silver’s marginal drop suggests short-term adjustments rather than a long-term shift in sentiment.