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Bullion Market Update: Silver Rises on Demand, Gold Under Pressure from Strong Dollar
Gold Silver Price Crash: Silver prices rose by ₹1,700 to ₹2,58,700 per kilogram in the Delhi bullion market on Thursday, while gold fell by ₹200 to ₹1,57,800 per 10 grams.
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“Bullion Market Update: Silver Rises on Demand, Gold Under Pressure from Strong Dollar”
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16 Apr 2026
Silver prices jumped up by ₹1,700 to ₹2,58,000 per kg in the local bullion market on Thursday. There was strong demand in the market along with positive international trends, while speculators monitored geopolitical developments and foreign exchange rates.
According to the All India Sarafa Association, the price of silver jumped up by ₹1,700, or roughly one percent, to ₹2,58,700 per kg (all-inclusive) from ₹2,57,000 per kg earlier.
On the other hand, the price of gold dropped by ₹200 to ₹1,57,800 per 10 grams (all-inclusive). On Wednesday, the price of gold had closed at ₹1,58,000 per 10 grams.
