Gold and silver prices have registered modest gains in major Indian cities. Twenty-four-carat gold is trading at approximately ₹15,359 per gram, while silver prices hover near ₹2,85,100 per kilogram. These increases reflect broader market movements influenced by international factors affecting commodity values.
The price movements come amid ongoing global geopolitical tensions that continue to impact financial markets worldwide. Investors are closely monitoring these developments as they assess their impact on precious metal demand and valuations. Such uncertainties typically drive interest in traditional safe-haven assets like gold and silver.
Mixed signals from the US dollar have also contributed to market fluctuations. Currency movements play a significant role in determining precious metal prices, particularly for import-dependent markets like India. Market participants remain attentive to further developments in both geopolitical and economic spheres.
Source: Business Today | May 12, 2026