On March 31—which is the last day of the 2026 financial year—gold and silver prices witnessed different trends today. While gold has become expensive, silver has become cheap. After a day of stability, gold has regained its shine for the second consecutive day today. In the national capital Delhi, the price of 24-carat gold rose by ₹10 per 10 gram today, while 22-carat gold also became costlier by ₹10. In the last two days, the price of 24-carat gold has increased by ₹180 per 10 grams, and that of 22-carat gold by ₹160. Now talking about silver, the price of one kilogram of silver has fallen in Delhi today. After two days of stability, silver became cheaper by ₹100 per kg today.
Silver falls after two days of stability
In case of silver, prices fell by ₹100 per kg after two consecutive days of stability in Delhi. At present, one kilogram of silver is being sold at ₹2,44,900 in Delhi. Among other major metros, silver prices are similar in both Mumbai and Kolkata. However, the price of one kilogram of silver in Chennai is ₹2,55,100—making it the most expensive among the four major metros.
Delhi ₹1,48,420 ₹1,36,060 ₹1,11,350 Mumbai ₹1,48,270 ₹1,35,910 ₹1,11,200 Kolkata ₹1,48,270 ₹1,35,910 ₹1,11,200 Chennai ₹1,50,230 ₹1,36,040 ₹1,37,710 Bengaluru ₹1,48,270 ₹1,35,910 ₹1,11,200 Hyderabad ₹1,48,270 ₹1,35,910 ₹1,11,200 Lucknow ₹1,48,420 ₹1,36,060 ₹1,11,350 Patna ₹1,48,320 ₹1,35,960 ₹1,11,250 Jaipur ₹1,48,420 ₹1,36,060 ₹1,11,350 Ahmedabad ₹1,48,320 ₹1,35,960 ₹1,11,250
Will gold prices rise or soften?
In recent times, gold has lost some of its luster; Amid market volatility, its prices remain well below their all-time highs. Due to all-round pressure on the market, the need to sell gold to cover losses has put downward pressure on its prices. However, buying interest at lower levels is helping prevent further losses in prices. George Efstathopoulos, money manager at Fidelity International, believes that the current fall in gold prices is a great investment opportunity. He believes that certain structural factors—such as risks associated with the pace of inflation, fiscal pressures and bond credibility—are elements that will ultimately underpin gold.