Gold and Silver Prices in India on 15 April 2026: Gold Extends Rally, Silver Rebounds Sharply Ahead of Akshaya Tritiya
Gold and silver prices in India rose on Wednesday, April 15, 2026, supported by strong global demand and a weaker US dollar. Gold increased for the second day in a row, while silver prices in Delhi jumped sharply by ₹15,000 per kg to ₹2,70,000. The rise comes ahead of Akshaya Tritiya, a key gold-buying festival in India.
On April 15, 2026, 24K gold is around ₹15,057 per gram (₹1,50,570 per 10 grams), while 22K gold is about ₹14,340 per gram (₹1,43,400 per 10 grams). Silver is priced at ₹275 per gram or ₹2,75,000 per kilogram across major cities.
Gold and Silver Prices on April 15, 2026, in Major Indian Cities
| City | 24K Gold (10g) | 22K Gold (10g) | Silver (1 kg) |
|---|---|---|---|
| Delhi | ₹1,50,570 | ₹1,43,400 | ₹2,75,000 |
| Mumbai | ₹1,50,050 | ₹1,42,900 | ₹2,75,000 |
| Chennai | ₹1,50,360 | ₹1,43,200 | ₹2,75,000 |
| Kolkata | ₹1,51,100 | ₹1,43,900 | ₹2,75,000 |
| Bengaluru | ₹1,50,680 | ₹1,43,500 | ₹2,75,000 |
| Hyderabad | ₹1,50,360 | ₹1,43,200 | ₹2,75,000 |
| Ahmedabad | ₹1,50,610 | ₹1,43,440 | ₹2,75,000 |
| Pune | ₹1,50,050 | ₹1,42,900 | ₹2,75,000 |
| Jaipur | ₹1,50,610 | ₹1,43,440 | ₹2,75,000 |
| Lucknow | ₹1,50,570 | ₹1,43,400 | ₹2,75,000 |
Prices vary slightly across cities due to local taxes, transportation costs, and regional demand conditions.
Intraday Movement in Gold and Silver Prices
MCX gold futures with June 2026 expiry traded on a cautious note during the session, slipping ₹297 or 0.19% to around ₹1,54,520 per 10 grams, with an intraday range of ₹1,54,404 to ₹1,55,048. Meanwhile, MCX silver gained nearly 1% to trade near the ₹2.55 lakh mark, outperforming gold in the session.
In the international market, spot gold gained 0.21% to trade around $4,852 per ounce, touching an intraday high of $4,871.51 per ounce on COMEX. Spot silver climbed 1.6% to around $80.87 per ounce, having touched an intraday high of $81.02. The divergence between retail and MCX prices reflects the lag between international spot movements and domestic physical market adjustments.
Three key factors drove sentiment in today's session: hopes of a US-Iran diplomatic renegotiation easing energy-led inflation fears, a sharp decline in crude oil prices towards $90 per barrel, and the US dollar touching a near six-week low at around 98.
Gold Rate Analysis
Domestic gold rates have surged over the past two sessions, with 24K gold rising by a cumulative ₹289 per gram, translating to a sharp gain of ₹28,900 per 100 grams. The rally reflects both global momentum and domestic festive sentiment, with buyers rushing ahead of Akshaya Tritiya.
From a weekly standpoint, gold has recovered meaningful ground after a period of volatility tied to geopolitical tensions. COMEX gold's month-on-month performance has improved significantly, down only 3.2% in April 2026, compared to a 13-15% decline in March 2026, signalling a stabilisation in investor sentiment.
Jewellery demand in India typically sees a seasonal surge ahead of the wedding season and auspicious buying occasions. However, with 24K gold now above ₹1,50,000 per 10 grams, affordability remains a concern for retail buyers, particularly in Tier 2 and Tier 3 cities where price sensitivity is higher. Many consumers are opting for lighter jewellery pieces or shifting to gold savings schemes offered by jewellers.
Silver Rate Analysis
Silver put in a notably stronger performance than gold today, with MCX futures gaining close to 1% even as gold futures softened slightly. Silver prices in Delhi rebounded sharply, rising ₹15,000 per kilogram in a single session to ₹2,70,000 per kg, recovering from a brief pause earlier in the week. Silver is uniformly priced at ₹2,75,000 per kilogram across major Indian cities today.
Silver's outperformance relative to gold is partly driven by industrial demand recovery signals from sectors including electronics, solar energy, and manufacturing. Globally, spot silver's rise above $80 per ounce reflects renewed risk appetite alongside safe-haven buying. Silver tends to exhibit greater volatility than gold due to its dual role as both a precious and industrial metal, making it a higher-beta play for investors tracking the bullion market.
Factors Influencing Gold and Silver Prices Today
1. Global Economic Uncertainty: Ongoing geopolitical tensions, particularly around the US-Iran situation, continue to support safe-haven demand for precious metals, keeping prices elevated.
2. US Dollar Movement: The US dollar has fallen to a near six-week low, which directly supports higher domestic gold and silver prices as imports become relatively more expensive in rupee terms.
3. Central Bank Policies: The US Federal Reserve is widely expected to keep interest rates unchanged for the remainder of the year, with rate cuts now anticipated only in 2027, depending on oil prices and inflation. A prolonged pause in rate cuts tends to be broadly neutral to supportive for gold.
4. Safe-Haven Demand: Investors continued rotating into precious metals amid equity market volatility and uncertainty around global trade and energy prices, providing a firm floor for gold and silver.
5. Domestic Demand in India: The proximity of Akshaya Tritiya and the ongoing wedding season are generating meaningful physical demand for gold jewellery, supporting retail prices even as some buyers remain price-sensitive at current levels.
Outlook for Gold and Silver
Gold prices are likely to remain volatile in the near term, with direction hinging on developments in US-Iran talks, crude oil price movements, and any fresh signals from the US Federal Reserve. Analysts note that a credible ceasefire or diplomatic resolution could ease safe-haven demand and put mild downward pressure on gold, as investors rotate toward riskier assets like equities. Conversely, any setback in negotiations could quickly revive bullion's upward momentum.
For domestic buyers, the key variables to watch are the USD/INR exchange rate and MCX futures direction. Silver investors should additionally monitor industrial output data and global supply-demand signals from the solar and electronics sectors. With Akshaya Tritiya around the corner, short-term physical demand is expected to remain firm, even if prices stay elevated.
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