Today’s gold and silver price: Gold prices rose on Wednesday amid the ongoing war between the United States and Iran and the broader conflict in the Middle East. The price of 24 carat gold was recorded $14.429.7 per gram with an increase $4,905.0. Meanwhile, 22-karat gold was priced $13,217,605 per gram, up by 13,217,605 per gram $4492.98.
The price of 24-karat gold changed by about 3.7 percent over the past week, while it changed by 15.96 percent over the past month. Follow live updates of the war between the US and Iran
Check gold prices by city today
Check gold prices in Delhi, Chennai, Mumbai and Kolkata for Wednesday, March 25, 2026.
Silver prices
Silver prices recorded today, Wednesday $236338.0 per kilogram with an increase $11881.0.
Check silver prices by city today
Check silver prices in Delhi, Chennai, Mumbai and Kolkata for Wednesday, March 25, 2026.
Gold in India
India is the second largest consumer of gold in the world after China. The majority of gold requirements are met through imports and local bullion recycling locally.
While bullion is seen as a hedge against inflation, bond yields and the dollar price also influence precious metal prices.
Silver in India
Regarding silver, India is the world’s largest consumer and major importer of the precious metal. Other than import duties and other taxes, international prices also play a major role in checking local silver prices.
Global gold prices amid conflict in the Middle East
Gold prices rose more than 2 percent, Wednesday, after reports that US President Donald Trump sent a peace plan to Iran to end the war in the Middle East.
The spot price of gold rose 2.5 percent to $4,587.09 per ounce, while US gold futures for April delivery rose 4.2 percent to $4,586.10.
Read also | Sensex and Nifty 50 rise as oil falls below $100 on hopes for a ceasefire in the Iran war
Gold jumped 1.6 percent in the previous session, and on Wednesday it rose by as much as 2.8 percent to reach $4,600 an ounce.
In recent weeks, the decline in global markets has forced investors to abandon their positions in gold to raise funds, amplifying bullion losses.
Bloomberg quoted Christopher Wong, a strategist at Overseas-China Banking Corp, as saying that gold “will likely remain sensitive” in the near term to expectations of the Fed’s policy path, the US dollar, and geopolitical developments.
“The recovery suggests that declines may continue to find support unless real yields move meaningfully higher,” he added.
Silver prices are rising today
Spot silver reportedly rose 3.6 percent to $73.78 an ounce on Wednesday, with spot platinum up 2.2 percent to $1,978.10 and palladium up 1.5 percent to $1,461.56.
In the wake of Trump’s proposed peace plan for Iran, the US dollar also fell, easing pressure on precious metals, for a change.
Christopher Wong said that the strength of the US dollar declined as hopes for stopping the escalation in the conflict in the Middle East increased. He added that the sense of safe haven sparked the demand for reaffirmation.
“This reinforces the view that gold has not lost its appeal as a safe haven. The dollar ruled it out for a brief period, and now the pressure is starting to ease,” Wong added.
