After several days of market volatility, the prices of precious metals showed a mixed trend today, April 7. While gold prices remained relatively stable with a marginal decline, silver prices witnessed a significant surge. With experts predicting a bullish trend for gold in the near future, current rates might offer a strategic window for buyers.

Gold Price Update: The price for 24K gold has dropped by ₹5 per gram today, bringing the rate to ₹14,780 per gram. Similarly, 22K gold (used for jewelry) saw a slight dip of ₹5, priced at ₹14,040 per gram or ₹1,40,400 for 10 grams. For those looking to sell old gold, the buyback rate stands at ₹13,450 per gram. Meanwhile, 18K gold remains unchanged at ₹11,530 per gram.

Silver Price Hike: Breaking the trend of stability, silver prices soared by ₹680 per kg today. The current market price for 1 kg of silver bar stands at ₹2,36,796. These rates, provided by the ‘Swarnashilpa Bachao Committee,’ exclude GST and making charges. Investors and shoppers are advised to monitor the market closely as fluctuations continue based on global economic indicators.