Gold and silver futures fell in India as global prices weakened, gold dipped slightly while silver dropped more on profit booking, pressured by a strong dollar and cautious sentiment.
By Anshul April 21, 2026, 12:18:28 PM IST (Published)
2 Min Read
Gold and silver prices declined in Indian futures trade on Tuesday (April 21), tracking weak global cues and subdued domestic participation.
On the Multi Commodity Exchange, gold contracts for June delivery edged lower by ₹3 to ₹1.53 lakh per 10 grams, with a turnover of 439 lots. The marginal dip reflects softer spot demand alongside a broader pullback in international prices.
, gold extended losses, weighed down by a firmer US dollar and cautious investor sentiment amid geopolitical developments.
A stronger dollar typically makes bullion more expensive for holders of other currencies, dampening demand.
Silver prices saw a sharper decline. May contracts on the same exchange dropped ₹946, or 0.37%, to ₹2.51 lakh per kilogram, with a business turnover of 778 lots. Analysts linked the fall to profit booking and reduced positions by traders.
Internationally, silver also remained under pressure, mirroring the broader trend across precious metals.
Market participants are closely watching geopolitical signals, including potential diplomatic developments involving the United States and Iran, which could influence commodity prices through their impact on the dollar and crude oil markets. At the same time, expectations around US monetary policy continue to shape investor appetite for non-yielding assets such as gold.
Overall, both gold and silver remain sensitive to global macroeconomic cues, currency movements, and shifts in investor positioning.
–With agencies inputs
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Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Readers should consult certified experts before making any investment decisions.
