Gold, silver prices today: Silver falls Rs 2,000, gold marginally lower as firm dollar outweighs safe-haven demand. What should investors do?

On Thursday, gold and silver prices experienced a slight decline on the Multi Commodity Exchange of India (MCX), attributed to a 0.1% strengthening of the US dollar. This increase in the dollar's value has made dollar-denominated bullion more expensive for non-dollar holders, affecting demand. Gold futures for April 2026 dropped by Rs 708 to Rs 1,61,081 per 10 grams, while silver futures for May 2026 fell by Rs 2,126, settling at Rs 2,66,362 per kg. In the international market, spot gold decreased by 0.1% to $5,172.86 per ounce, and spot silver fell 0.3% to $85.49 per ounce. Analysts suggest that investors should exercise caution due to high volatility and wait for market stability before making new investments. Key support and resistance levels have been established for both metals, with gold expected to find support between $5,145 and $5,100 per troy ounce, and silver between $82.80 and $79.10. In major Indian cities, the price for standard gold (22 carat) ranges from Rs 1,19,768 to Rs 1,20,968 per 8 grams, reflecting local market conditions. Investors are advised to monitor upcoming economic indicators, including the delayed Personal Consumption Expenditures index, which may impact market trends further.