# Gold prices on the Multi Commodity Exchange (MCX) were trading at Rs 1,53,396 per 10 grams at around 9:55 am, up.

*business · news · 2026-04-08 · India Today*

## Key points

- Gold prices on MCX rose 2.07% to Rs 1,53,396 per 10 grams on Wednesday morning.
- Silver prices on MCX surged 5.12% to Rs 2,43,200 per kg, indicating stronger momentum.
- Market data revealed a long build-up in gold and short covering in silver, signaling position shifts.
- The ceasefire between the US and Iran triggered a rally in precious metals and equities globally.
- Investors are adjusting positions ahead of the Reserve Bank of India’s policy announcement later today.

**Countries:** United States, Iran, India

[Read the full story on India Today](https://www.indiatoday.in/business/commodities/story/gold-silver-prices-rise-after-ceasefire-crude-oil-falls-global-markets-rally-2893072-2026-04-08)

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