Today’s Gold and Silver Prices: Current Rates and Weekly Forecast
Domestic precious metal prices are set to stay on a moderately bullish path in fiscal 2026–27. The outlook follows a dramatic rally in fiscal 2026 that pushed both gold and silver sharply higher.
Strong gains in FY26
Silver futures recorded an extraordinary surge last year. They rose by Rs 1,41,431, or about 142.2%, from their April 1, 2025 level.
Gold also delivered robust returns. It climbed by Rs 60,258, equal to roughly 67%, from Rs 90,503 per 10 grams on April 1, 2025.
| Metal | Price on April 1, 2025 | Absolute Gain in FY26 | Percent Gain |
|---|---|---|---|
| Silver (per kg) | Rs 99,461 | Rs 1,41,431 | 142.2% |
| Gold (per 10 g) | Rs 90,503 | Rs 60,258 | 67% |
Key drivers behind the rally
Multiple forces combined to lift prices last year. Tariff moves under former President Trump heightened trade tensions.
Geopolitical uncertainty and worries about a global slowdown also pushed investors toward safe havens. Central bank purchases added further demand.
Supply-side tightness contributed to the price strength as well.
Analysts’ perspective
Aamir Makda, Commodity & Currency Analyst at Choice Broking, provided a measured outlook. In an interview with Filmogaz.com, he called the fiscal 2026–27 view moderately bullish.
He noted that geopolitical strains, trade-war fears and recession risks support safe-haven demand. He also warned that elevated interest rates could curb sharper gains.
What this means for markets and investors
Expect continued interest in precious metals as insurance against global risks. But investors should weigh rate-induced headwinds.
Short-term rallies may face pressure if central banks maintain high policy rates. Long-term demand could remain supported by official purchases and supply constraints.
Monitoring prices and forecasts
Market participants tracking Today’s Gold and Silver Prices: Current Rates and Weekly Forecast should watch macro developments closely. Geopolitics, trade policy and central bank moves will be key drivers.
Filmogaz.com will continue to monitor price trends and expert commentary for readers and investors.