Gold and silver prices have fluctuated sharply in recent times amid global tensions and war-like conditions, but now some stability appears to be returning to the market. In the Jodhpur bullion market, gold prices recently fell by approximately ₹700 per 10 grams and silver by approximately ₹5,000 per kilogram. Despite this, prices remain high.
At present, gold is trading in the market between Rs 1.50 lakh to Rs 1.55 lakh per 10 grams and silver is trading in the range of Rs 2.30 lakh to Rs 2.50 lakh per kg.
Direct impact of global tensions
Experts believe that ongoing international tensions—particularly the US-Iran conflict, the Israel-Hezbollah conflict, and the situation in the Strait of Hormuz—are impacting the precious metals market. Although ceasefires have been declared in some areas, uncertainty remains, making investors cautious.
Why is there a rise and fall?
Gold and silver are considered safe havens. Whenever global tensions escalate, investors flock to these metals, leading to a rise in prices. However, when conditions return to normal or profit-booking occurs, prices tend to fall.
Price movement in 2026
The initial months of this year saw significant changes in the prices of gold and silver.
January: Gold ₹1,46,500 | Silver ₹3,30,000
February: Gold ₹1,60,800 | Silver ₹2,80,000
March: Gold ₹1,36,500 | Silver ₹2,06,500
April: Gold ₹1,55,700 | Silver ₹2,48,900
It is clear from these figures that there is constant fluctuation in the market.
Akha Teej and wedding season will increase demand
Demand for gold and silver is expected to increase in the coming days due to Akha Teej (Akshaya Tritiya) and the wedding season. Traditionally, this is a time when people make purchases for jewelry and investments, which could put pressure on prices.
Expert Opinion: Is it right to buy now?
according to experts-
At present, the chances of a major decline are low.
Mild price fluctuations may continue.
Gold and silver are still safe options for long-term investment.
It would be better to invest in a phased manner as per your needs.
Advice for investors
Invest gradually instead of making a large purchase all at once
Instead of postponing wedding or essential shopping, do it on time.
Make a long term plan keeping in mind the market fluctuations
Gold and silver prices have stabilized amid global tensions, but the uncertainty remains. Therefore, it is wise for investors and consumers to make informed and timely purchases, rather than rushing them. The upcoming festivals and wedding season could revive market activity.
