Gold Price Today: Gold prices staged a strong comeback on Thursday after two consecutive sessions of decline, supported by a weaker U.S. dollar and improving sentiment in global bullion markets. Silver also extended its winning streak, recording gains for the third straight trading session as industrial and investment demand remained firm.

According to the latest market updates, the price of 99.9% purity gold in Delhi climbed by ₹3,000 to ₹1,47,500 per 10 grams, compared with the previous closing price of ₹1,44,500 per 10 grams.

Silver also witnessed a sharp rally, with prices rising ₹5,000 per kilogram to reach ₹2,40,000 per kg, up from ₹2,35,000 per kg in the previous session.

Why Are Gold and Silver Prices Rising?

Market analysts attribute the latest rally primarily to the weakening U.S. dollar, which has made gold more attractive for international investors. Since bullion is priced in dollars, a softer greenback generally increases buying interest from holders of other currencies.

In addition, expectations that the U.S. Federal Reserve may adopt a less aggressive stance on future interest rate decisions have improved investor sentiment toward precious metals.

Silver has also benefited from continued demand from both industrial users and investors, helping prices maintain an upward trend.

Global Bullion Market Update

International bullion prices also moved higher during Thursday's trading session.

• Spot Gold: $4,070.04 per ounce, up by $38.75 (around 1%).

• Spot Silver: $59.89 per ounce, gaining approximately 1.3%.

Analysts said the decline in the U.S. Dollar Index, along with strength in the Japanese yen, added pressure on the dollar and provided additional support to gold prices.

When the dollar weakens, precious metals become relatively cheaper for overseas buyers, often resulting in stronger global demand.

Experts Explain the Market Trend

Commodity market experts believe the recent movement reflects changing expectations surrounding U.S. monetary policy.

A softer outlook for interest rates has reduced pressure on non-yielding assets such as gold, encouraging investors to increase their exposure to bullion.

Silver has also continued to outperform due to healthy industrial consumption alongside safe-haven buying.

Investors Await Key U.S. Economic Data

The next major trigger for bullion prices will be the release of the U.S. Non-Farm Payrolls (NFP) report, one of the most closely watched indicators of the American labor market.

The data could influence expectations regarding the Federal Reserve's upcoming policy decisions. Depending on the outcome, gold, silver, and the U.S. dollar may witness increased volatility in the coming sessions.

Market participants are also closely monitoring inflation trends, interest rate expectations, and geopolitical developments, all of which could significantly influence precious metal prices during the second half of 2026.

Gold Outlook for the Coming Months

Industry experts believe the medium-term outlook for gold remains positive, although short-term fluctuations are likely as investors react to economic data and central bank signals.

Continued uncertainty in global markets, changing interest rate expectations, and currency movements are expected to remain the primary drivers of gold and silver prices.

Gold & Silver Price Snapshot

Disclaimer: Precious metal prices fluctuate based on domestic and international market conditions. Investors should verify the latest rates with local jewellers or financial institutions before making any investment or purchase decisions.