Gold Silver Rate Today: Gold and silver prices traded higher on Thursday, supported by rising crude oil prices, weakness in the US dollar and continued geopolitical uncertainty surrounding the US-Iran negotiations.

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On the Multi Commodity Exchange (MCX), gold futures for June 5 delivery climbed 0.49 per cent, or Rs 755, to touch an intraday high of Rs 1,52,887 around 10:49 am. The yellow metal also touched a session low of Rs 1,52,400 earlier in the day.

Silver prices outperformed gold, with MCX July 3 futures surging 1.49 per cent, or Rs 3,790, to Rs 2,57,055 after hitting an intraday high. The white metal had opened the session at Rs 2,54,998, up 0.68 per cent or Rs 1,733, and slipped to an intraday low of Rs 2,54,722.

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Commodity market analysts said the near-term outlook for precious metals remains positive, aided by improving investor sentiment and sustained safe-haven demand amid geopolitical risks.

In international markets, bullion prices also remained firm. COMEX gold rose 0.21 per cent to $4,703 per ounce, while silver advanced 1.12 per cent to $78.17 per ounce.

The rally in precious metals has largely been driven by weakness in the dollar index, which remained below the 98 mark. Investors are also closely tracking developments in West Asia, where the US and Iran continue talks aimed at ending the ongoing conflict.

According to reports, the US has asked Iran to halt its nuclear programme and reopen the Strait of Hormuz. Iran’s Foreign Ministry said Tehran would respond to the proposal, while US President Donald Trump stated that he believes Iran is willing to strike a deal.

Adding to the momentum in bullion markets, crude oil prices also moved higher. Brent crude rose 1.21 per cent to $102.50 per barrel, while US West Texas Intermediate (WTI) gained 1.47 per cent to trade at $96.48 per barrel.

Earlier this week, silver prices had already witnessed fresh buying interest amid the West Asia crisis. On Tuesday, silver futures for July delivery on the MCX rose 0.09 per cent to Rs 2.44 lakh per kg, supported by fresh positions built by traders.

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Gold Rates Across Major Cities In India On May 7

Gold Prices in Delhi Today (Per 1 Gram)

24 Karat - 15,239

22 Karat- 13,990

18 Karat- 11,449

Gold Prices in Chennai Today (Per 1 Gram) 

24 Karat - 15,383

22 Karat- 14,101

18 Karat- 11,771

Gold Prices in Bengaluru Today (Per 1 Gram)

24 Karat - 15,246

22 Karat- 13,975

18 Karat- 11,434

Gold Prices in Mumbai Today (Per 1 Gram)

24 Karat - 15,246

22 Karat- 13,975

18 Karat- 11,434

Gold Prices in Pune Today (Per 1 Gram)

24 Karat - 15,246

22 Karat- 13,975

18 Karat- 11,434

Gold Prices in Kolkata Today (Per 1 Gram)

24 Karat - 15,246

22 Karat- 13,975

18 Karat- 11,434

Gold Price Today in Major Indian Cities

City24k Gold Per Gram22k Gold Per Gram18k Gold Per Gram
Gold Rate in Hyderabad15,24613,97511,434
Gold Rate in Ahmedabad15,25113,98011,439
Gold Rate in Indore15,25113,98011,439
Gold Rate in Lucknow15,23913,99011,449
Gold Rate in Coimbatore15,38314,10111,771
Gold Rate in Bhubaneswar15,24613,97511,434
Gold Rate in Mysore15,24613,97511,434
Gold Rate in Kanpur15,23913,99011,449
Gold Rate in Salem15,38314,10111,771
Gold Rate in Visakhapatnam15,24613,97511,434
Gold Rate in Vijayawada15,24613,97511,434
Gold Rate in Patna15,25113,98011,439

To check Silver price in India today, click here.

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Silver Price Across Major Cities In India On May 7

Silver Price In Delhi Today

The current silver price in Delhi stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Chennai Today

The current silver price in Chennai stands at Rs 275 per gram and Rs 275,000 per kg.

Silver Price In Bengaluru Today

The current silver price in Bengaluru stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Mumbai Today

The current silver price in Mumbai stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Pune Today

The current silver price in Pune stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Kolkata Today

The current silver price in Kolkata stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price Today in Major Indian Cities

CityPer GramPer KG
Silver Rate in Hyderabad275275,000
Silver Rate in Ahmedabad270270,000
Silver Rate in Indore255255,000
Silver Rate in Lucknow270270,000
Silver Rate in Coimbatore275275,000
Silver Rate in Bhubaneswar275275,000
Silver Rate in Mysore270270,000
Silver Rate in Kanpur270270,000
Silver Rate in Salem275275,000
Silver Rate in Visakhapatnam275275,000
Silver Rate in Vijayawada275275,000
Silver Rate in Patna270270,000

To check Gold price in India today, click here.