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Precious metals are expected to move cautiously this week, with gold and silver likely to remain range-bound but showing a slight upward bias, accord

Bullion traded higher on April 6 amid escalation of the war in West Asia.

Gold prices saw a dip on April 6, 2026. This decline occurred as the Iran-Israel conflict continued and Iran stated no plans to reopen the Strait of Hormuz. Leading jewellery brands like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas reported lower retail rates for 22K gold across major Indian cities.

Gold prices are under scrutiny as major jewellers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas show minor variations in 22K and 24K rates for April 4, 2026. Experts suggest the current decline is a tactical correction within a broader uptrend, influenced by profit-booking and a strengthening US dollar.

Gold prices are under scrutiny as major jewellers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas show minor variations in 22K and 24K rates for April 4, 2026. Experts suggest the current decline is a tactical correction within a broader uptrend, influenced by profit-booking and a strengthening US dollar.

Gold price prediction today: Amid the Middle East conflict, gold prices are likely to see limited upside in the short-term, says Praveen Singh, Head C.

Silver futures started the trading session at Rs 2,32,000 against the previous close of Rs 2,33,379, a fall of Rs 1,379 or 0.59 per cent.

Gold Price Live: On the Multi Commodity Exchange of India (MCX), 24-carat gold futures were trading at Rs 1,51,113, up Rs 1,433 or 0.96 percent, while MCX silver futures for May were trading at Rs 2,35,150 per kg, rising by Rs 2,655 or 1.14 percent.

Brent crude rose 1.4 percent to trade near $111 a barrel after swinging between gains and losses ahead of the Tuesday 8 pm Eastern Time deadline.