Gold, Silver Rates Decline as US-Iran Talks Uncertainty Impacts Market
Gold falls ₹300 and silver drops ₹2,700 in Delhi bullion market amid US-Iran uncertainty. Check latest gold and silver prices April 22, 2026.
In a significant movement in the bullion market prices in India, gold and silver rates declined sharply in the national capital on Wednesday due to uncertainty surrounding US-Iran peace talks.
Table of Contents
According to the All India Sarafa Association, gold prices fell by ₹300 while silver prices plunged by ₹2,700.
Gold and Silver Prices Fall in Delhi Bullion Market
The latest gold and silver price fall in Delhi reflect global geopolitical tensions and cautious market sentiment.
- Gold (99.9% purity): Down by ₹300 to ₹1,57,000 per 10 grams (inclusive of all taxes)
- Silver: Down by ₹2,700 to ₹2,55,000 per kg
Analysts say that global developments are influencing domestic bullion rates.
US-Iran Talks Impact Gold and Silver Prices
According to Saumil Gandhi:
- Gold prices declined after plans for a second round of US-Iran peace negotiations collapsed
- Despite ceasefire extension announcements by Donald Trump, uncertainty remains high
- Strong US dollar and crude oil prices are putting pressure on bullion
He noted that lack of progress in talks is keeping markets cautious.
Global Market Trends Show Mixed Signals
In international markets:
- Spot silver rose 1.46% to USD 77.80 per ounce
- Gold increased 0.48% to USD 4,742.97 per ounce
Jateen Trivedi said:
- Gold showed positive movement after a gap-up opening
- However, conflicting signals on ceasefire extension are increasing volatility
- Markets are reacting to geopolitical uncertainty with short-term fluctuations
Focus Shifts to US Federal Reserve Policy
Experts highlighted that investors are now watching the upcoming US Federal Reserve policy decision on April 29.
- This policy announcement is expected to influence future price direction
- Market participants are currently adopting a wait-and-watch approach
Bullion Market Remains Volatile Amid Global Uncertainty
The gold and silver price fall in India reflects ongoing uncertainty in global markets, especially around US-Iran relations. With gold down ₹300 and silver down ₹2,700 in Delhi, investors remain cautious. The next major trigger for bullion prices will likely be the US Federal Reserve policy decision and further geopolitical developments.
Follow MunsifNews24x7 for latest updates.
