Gold and silver prices in India remained stable on April 17, 2026. This stability is largely attributed to renewed hopes for a US-Iran peace deal, which has helped ease global fears regarding high inflation and rising interest rates. On the MCX, gold was trading marginally higher at Rs 1,53,220 per 10 grams, while silver saw a slight increase to Rs 2,50,059 per kg.
Gold Rates Across Major Indian Cities (April 17)
The following rates represent the price per 10 grams and do not include GST or making charges:
| City | 22K Gold (per 10g) | 24K Gold (per 10g) |
| Delhi | Rs 1,42,710 | Rs 1,55,730 |
| Mumbai | Rs 1,42,610 | Rs 1,55,580 |
| Bengaluru | Rs 1,42,610 | Rs 1,55,580 |
| Chennai | Rs 1,42,610 | Rs 1,55,580 |
| Kolkata | Rs 1,42,610 | Rs 1,55,580 |
| Ahmedabad | Rs 1,42,660 | Rs 1,55,630 |
| Jaipur | Rs 1,42,710 | Rs 1,55,730 |
Global Market Trends
In the international market, spot gold remained unchanged at $4,789.67 per ounce, marking a 0.9% increase for the week. US gold futures for June held steady at $4,809.30.
The market’s calm demeanor follows the start of a 10-day ceasefire between Lebanon and Israel. Additionally, investors are keeping a close watch on potential weekend negotiations between the United States and Iran, as signaled by President Donald Trump.
Key Factors Influencing Prices in India
Gold prices in India are shaped by a combination of domestic and international factors:
- International Spot Rates: Global demand and supply shifts.
- Import Duties & Taxes: Government-regulated levies that add to the base cost.
- Currency Fluctuations: The strength of the Rupee against the US Dollar.
- Cultural Demand: Significant spikes during the wedding season and major festivals.