During the holiday-shortened week, gold futures for the June contract rose by ₹2,425, or 1.65%, whereas silver for May delivery increased by ₹4,541, or 2%, on the Multi Commodity Exchange.
Choice Broking reported that gold and silver prices rebounded after three weeks of decline, driven by various macroeconomic and geopolitical influences, including a weakening Indian rupee at historical lows and a drop in Bitcoin, prompting investors to redirect their capital toward bullion.
On the international front, gold futures for the June contract climbed $155.4, or 3.43%, closing at $4,679.7 per ounce on the Comex.
Silver for May delivery saw an increase of $3.13, or 4.5%, finishing at $72.92 per ounce on Thursday.
“Gold prices have closed positively for the second consecutive week, with a weekly gain close to 4%, while silver also increased for the week, driven by rising gold and industrial metals,” noted Mer.
First Published: Apr 5, 2026 8:14 PM IST
