Gold, Silver Rate Today Live Updates: Gold, silver prices continue to rise as US-Iran tensions escalate

Silver Price Live Updates: Silver jumps over 3%

Silver prices surged on Friday, extending gains in the broader precious metals market amid strong investor interest.

Spot silver climbed 3.1 per cent to $80.88 an ounce, while platinum rose 0.2 per cent to $2,026.80.

Both metals were also headed for weekly gains alongside gold, which has rallied on easing geopolitical tensions and expectations around future US Federal Reserve rate cuts.

Gold Rate Today Live Updates: Gold behaving more like risk asset, says analyst

Gold’s continued rise despite strong US jobs data suggests the metal is currently trading more like a risk asset than a traditional safe haven, according to analysts.

“Traditionally, we would think that a stronger-than-expected jobs number would strengthen the dollar and apply some pressure to gold. Yet, we did not really see that happen today,” said David Meger, as quoted by Reuters.

He added that hopes of de-escalation in the Iran conflict and falling energy prices were increasing expectations of future US Federal Reserve rate cuts.

Gold is generally considered a safe-haven asset during global uncertainty, but higher interest rates often weigh on bullion because it does not offer yields.

Gold Price Outlook: Gold heads for weekly gain as US jobs data boosts sentiment

Gold prices extended gains on Friday and were on track for a weekly rise after a stronger-than-expected US jobs report eased concerns over inflation and high interest rates.

Optimism surrounding a possible end to the Iran conflict also supported market sentiment.

Spot gold rose 0.8 per cent to $4,723.28 per ounce by 1322 GMT, taking its weekly gain to 2.4 per cent. US gold futures also climbed 0.5 per cent to $4,733.00.

Data showed US employment increased more than expected in April, while the unemployment rate remained steady at 4.3 per cent, signalling resilience in the labour market.

Gold prices climbed in futures trade on Friday as firm spot demand and fresh buying by speculators lifted sentiment in the bullion market.

Retail gold rates across major Indian cities also recorded gains, with most markets witnessing an uptick in 22K, 24K and 18K prices.

Gold Rate Today: Global gold futures jump 0.91% in New York trade

Globally, gold futures rose 0.91 per cent to USD 4,728.57 per ounce in New York City on Friday, tracking strong investor interest in the precious metal market.

The rise in international prices came alongside gains in domestic futures, where gold contracts on the Multi Commodity Exchange also traded higher amid fresh positions and firm spot demand.

Gold, Silver Price Live Updates: Gold futures rise Rs 689 on firm spot demand

Gold prices on Friday climbed by Rs 689 to Rs 1,52,950 per 10 grams in futures trade as traders created fresh positions amid firm spot demand.

On the Multi Commodity Exchange, gold contracts for August delivery traded 0.45 per cent higher at Rs 1,52,950 per 10 grams, with a business turnover of 1,206 lots. Analysts said the rise in prices was driven by fresh buying activity and stronger demand in the spot market.

Gold prices jump over Rs 600 in futures trade

Gold prices rose by Rs 689 to Rs 1,52,950 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for August delivery traded higher by Rs 689, or 0.45%, at Rs 1,52,950 per 10 grams in a business turnover of 1,206 lots. Fresh positions built up by participants led to a rise in gold prices, analysts said. Globally, gold futures rose 0.91% to $4,728.57 per ounce in New York.

Gold, silver live updates: How much gold and silver cost in Mumbai today?

The bullion market in Mumbai opened with the following rates:

• Silver spot (Rs per kg): 2,55,200.00

• Standard gold (99.5 purity): 1,50,535.00

• Pure gold (99.9 purity): 1,51,140.00

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Gold, silver price live updates: How much precious metals cost today?

Gold and silver prices opened on a stronger note on the Multi Commodity Exchange of India (MCX), supported by easing concerns over inflation and expectations of stable interest rates. Sentiment in the bullion market also got a lift from growing optimism over a possible peace deal between the United States and Iran, even as fresh tensions and attacks were reported in the region.

In the domestic market, MCX silver futures for July 2026 delivery surged by Rs 2,361, or 1%, to Rs 2,60,901 per kg. Meanwhile, gold futures for June 2026 delivery rose by Rs 585, or 0.3%, to Rs 1,52,846 per 10 grams. With this, silver extended its gains for a second straight session, while gold climbed for the second consecutive day.

Gold, silver price outlook: What will determine the movement of precious metals ahead?

Satish Dondapati, fund manager at Kotak Mutual Fund, said silver has dropped nearly 36.3% from its peak in US dollar terms, while in India, silver ETFs are down around 35% on average from their record highs in January 2026. He explained that the decline is being driven by a mix of factors, "This fall is due to multiple factors. Prices had risen sharply in a short span, which is usually not sustainable, leading to profit booking and a sharp correction. At the same time, rising US bond yields and a stronger dollar made silver less attractive." Commenting on the current Middle East crisis, the expert told ET, "Ongoing geopolitical tensions, along with high oil prices have also led to expectations of tighter monetary policy, which means interest rates may stay higher for longer."

Why are gold traders tracking oil prices and the Iran conflict?

Gold investors are closely monitoring the Iran conflict and crude oil prices as both could influence inflation and the Federal Reserve’s rate outlook.

US President Donald Trump predicted a swift end to the war with Iran as Tehran considered a US peace proposal that could formally end the conflict while leaving unresolved issues related to Iran’s nuclear programme and the Strait of Hormuz.

At the same time, Brent crude slipped below $100 a barrel. Higher energy prices generally fuel inflation, which can reduce expectations for Fed rate cuts and weigh on non-yielding assets like gold.

What is Gold rate outlook? Here's what TD Securities say

TD Securities said gold may have a path toward levels above $5,200 an ounce once geopolitical tensions and oil-driven inflation pressures begin to fade.

“A later pivot toward the Fed’s maximum employment mandate, lower yields and a softer US dollar, plus renewed investor and central-bank demand, could reignite the bull trend,” the brokerage said in a note.

Markets are now awaiting Friday’s US employment report for fresh clues on the Federal Reserve’s policy direction, while China’s central bank extended its gold-buying streak to an 18th consecutive month in April.

Gold rate outlook: Can gold rally to $5,000 if Middle East tensions ease?

Gold prices could surge toward the $5,000-an-ounce mark if a ceasefire in the Middle East holds and the Strait of Hormuz remains open, according to Bob Haberkorn, senior market strategist at RJO Futures.

“If the ceasefire holds, and we can put this war behind us, and get back to business with the Strait being open, I can see gold push to $5,000/oz,” Haberkorn said.

He added that markets are closely watching geopolitical developments and signals from the US Federal Reserve on interest rates.

Silver Rate Today Live Updates: Silver jumps over 5%; China extends gold-buying streak

Precious metals rallied sharply, with spot silver surging 5.4% to $81.47 per ounce, while platinum and palladium also climbed to more than two-week highs.

China’s central bank increased its gold holdings for an 18th straight month, with reserves rising to 74.64 million fine troy ounces at the end of March from 74.38 million in the previous month.

Analysts said softer US yields, a weaker dollar and improving risk sentiment continue to support precious metals prices.

Gold, Silver Rate Today Live Updates: Why are falling oil prices supporting gold and silver?

Gold and silver prices are gaining support from declining oil prices, softer bond yields and easing expectations of US rate hikes, according to Fawad Razaqzada, market analyst at City Index.

“It's all to do with oil prices, which when they go down, tend to push up bond prices, which depresses yields because investors are now reducing expectations of rate hikes from central banks, and that in turn is supporting assets like gold and silver,” Razaqzada said.

Benchmark US Treasury yields eased, while the dollar hovered near a more than two-month low, making bullion cheaper for holders of other currencies.

Gold futures trade marginally higher on MCX; June contract gains Rs 304

MCX Gold June 2026 futures rose Rs 304, or 0.20%, to Rs 1,52,436 per 10 grams on Thursday, with traded value crossing Rs 10,161 crore. The August 2026 contract gained Rs 288, or 0.19%, to Rs 1,55,886 per 10 grams, at 9:41 PM IST.

Gold Rate Today: Gold climbs to two-week high as US-Iran peace hopes push oil lower

Gold climbed to a two-week high on Thursday, buoyed ​by a weaker dollar and ​falling oil prices as hopes of a peace deal between ​the U.S. and Iran tempered inflation and rate-hike concerns.

Spot gold gained 1.2% to $4,745.08 per ounce, as of 1216 GMT, after rising to its highest since April 23. U.S. gold futures ‌for June delivery ⁠rose ⁠1.3% to $4,754.20.

Bengaluru closing bullion rates on Thursday

1 Gm Gold 22 Kt - Rs 14,395

1 Gm Gold 24 Kt - Rs 15,700

Gold extends gains as US-Iran peace hopes ease inflation concerns

Gold rose for a third consecutive session on Thursday, aided ​by increasing optimism that a ​peace agreement will be achieved between the U.S. and Iran, ​which helped ease worries about inflation and the likelihood of prolonged higher interest rates.

Spot gold was up 1.1% to $4,740.42 per ounce, as of 9.08 a.m. EDT (1308 GMT), after hitting a two-week ‌peak earlier ⁠in the ⁠session.

Gold futures climb up to 0.75% on MCX; June contract rises Rs 1,137

MCX Gold June 2026 futures advanced Rs 1,137, or 0.75%, to Rs 1,53,269 per 10 grams on Thursday, with traded value nearing Rs 8,591 crore. The August 2026 contract gained Rs 1,084, or 0.70%, to Rs 1,56,682 per 10 grams, as of 7:13 pm, May 7.

Silver Rate Today Live Updates: Silver futures surge over 3.6% on MCX; July contract jumps Rs 9,225

MCX Silver July 2026 futures rallied Rs 9,225, or 3.64%, to Rs 2,62,490 per kg on Thursday, with traded value crossing Rs 4,244 crore. The September 2026 contract gained Rs 8,812, or 3.41%, to Rs 2,67,500 per kg.

Gold futures rise up to 0.61% on MCX; June contract tops Rs 1.53 lakh

MCX Gold June 2026 futures climbed Rs 921, or 0.61%, to Rs 1,53,053 per 10 grams on Thursday, with traded value exceeding Rs 6,876 crore. The August 2026 contract gained Rs 752, or 0.48%, to Rs 1,56,350 per 10 grams.

Gold Rate Today: MCX Gold rises

Gold prices moved higher by Rs 531 to reach Rs 1,52,663 per 10 grams in futures trading on Thursday, supported by fresh buying interest from traders amid firm demand in the physical market.

On the Multi Commodity Exchange, gold contracts for June delivery gained Rs 531, or 0.35%, to trade at Rs 1,52,663 per 10 grams, with a turnover of 728 lots.

Analysts said the uptick in prices was driven by participants creating new positions in the market.

In the international market, gold futures in New York advanced 0.13% to $4,697.6 per ounce.

Gold, Silver Rate Today Live Updates: Chennai opening bullion rates on Thursday

1 Gm Gold 22 Kt

Rs 14,150.00

1 Gm Gold 18 Kt

Rs 11,810.00

1 Gm Silver

Rs

275.00

Gold Rate Today: Safe haven status under threat?

Gold’s long-standing image as a safe-haven investment is coming under renewed debate after the metal weakened during the ongoing Iran conflict, a report by Morgan Stanley said.

The report highlighted that even amid rising geopolitical tensions, gold has lagged behind several key asset classes, prompting investors to reassess how dependable the metal remains during periods of global instability.

According to the report, gold struggled following the outbreak of the Iran conflict despite posting steady yearly gains since 2021. It noted that recent price behaviour suggests markets are paying greater attention to monetary policy trends and real interest rates rather than geopolitical risks.

Morgan Stanley pointed out that gold dropped 14.5 per cent in March, the first month of the conflict. During the same period, global equity markets and US Treasury indices also recorded declines, although their losses were comparatively smaller. The report further noted that while equity markets rebounded in April, gold continued to trade nearly 10 per cent below the levels seen before the conflict began.

Gold Rate Today: MCX Gold, MCX Silver rally

Gold and silver prices started Thursday’s session on a stronger note on the Multi Commodity Exchange (MCX), aided by weakness in the US dollar and rising hopes of a possible peace deal between the United States and Iran.

Iran stated on Wednesday that it was examining a peace proposal put forward by the US. According to sources, the proposal could formally end the ongoing conflict, although major US demands — including the suspension of Iran’s nuclear programme and the reopening of the Strait of Hormuz — remain unresolved.

In the domestic derivatives market, MCX silver futures for July 2026 delivery surged Rs 3,800, or 1.5 per cent, to Rs 2,57,055 per kilogram. Gold futures for June 2026 delivery also moved higher by Rs 755, or 0.5 per cent, to Rs 1,52,887 per 10 grams. During the previous trading session, silver had rallied nearly 4 per cent, while gold settled with modest gains.

Gold Rate Today: Is the gold price rise sustainable?

Gold and silver prices moved higher on Wednesday as optimism around easing tensions in West Asia improved sentiment in the precious metals market.
On the Multi Commodity Exchange (MCX), gold futures climbed 1.32 per cent to ₹1,51,726 per 10 grams, while silver futures gained 2.62 per cent to reach ₹2,50,724 per kilogram.

Market experts said the rise in gold prices could revive investor interest in the yellow metal, though fund managers advised investors to remain careful while taking exposure to silver because of its higher volatility.

In Mumbai’s physical market, gold was quoted at ₹1.50 lakh per 10 grams, up from ₹1.47 lakh per 10 grams a day earlier. Silver prices also strengthened, trading at ₹2.46 lakh per kilogram, around ₹6,000 higher than Tuesday’s level.

Vedika Narvekar, Research Analyst for Commodities and Currencies at Anand Rathi Shares & Stock Brokers told ET that gold prices recovered mainly because of buying at lower levels along with some moderation in crude oil prices as concerns surrounding the Strait of Hormuz appeared to ease slightly. According to her, softer oil prices helped reduce immediate worries around inflation, lending some support to gold.

She, however, noted that gains in gold may remain limited as geopolitical uncertainty has not fully faded and periodic disruptions continue to keep markets cautious. Narvekar added that broader macroeconomic factors are currently having a bigger influence on bullion prices. Elevated US bond yields and expectations that the Federal Reserve could maintain higher interest rates for an extended period are acting as a drag on gold, since the metal does not offer any yield.

On the demand front, she pointed out that central bank buying continues to provide long-term support despite some fluctuations in the short term. Although central banks were net sellers of nearly 30 tonnes of gold in March, largely due to sales by Turkey, overall purchases during the first quarter remained positive. China and Poland have continued to add gold to their reserves, indicating that diversification into bullion remains intact over the longer term.
Narvekar expects gold prices to stay within a broad range as markets continue to weigh geopolitical developments against the outlook for global interest rates.

Satish Dondapati, Fund Manager at Kotak Mutual Fund, said silver prices have corrected sharply, falling nearly 36.3 per cent from their peak in dollar terms. In India, silver exchange-traded funds have declined about 35 per cent on average from the record highs touched in January 2026.

He said the decline has been driven by several factors. Silver prices had rallied rapidly within a short span, making a correction inevitable as investors booked profits. At the same time, rising US bond yields and a stronger dollar reduced the attractiveness of silver. Geopolitical tensions and elevated crude oil prices have also strengthened expectations that monetary policy could remain tight for longer.

Dondapati recommended that investors adopt an asset allocation strategy, keeping around 15-20 per cent exposure to precious metals. Within that allocation, he advised conservative investors to maintain a relatively smaller exposure to silver because of its sharper price swings. He also suggested avoiding lump-sum investments and instead investing gradually over time through a systematic approach for long-term participation.

Gold Rate Today: Measuring sentiment

Attention remained focused on developments in the Middle East after Iran confirmed on Wednesday that it was examining a US-backed proposal aimed at formally ending the conflict. However, the proposal reportedly leaves unresolved key American demands, including Iran halting its nuclear programme and reopening the Strait of Hormuz.

Global markets reacted positively to reports suggesting Washington and Tehran were moving closer to a deal. Equities rallied to record highs on Wednesday, while both the US dollar and oil prices declined.

On the economic front, data released on Wednesday showed that private-sector hiring in the United States rose more than expected in April, according to the ADP national employment report. Investors are now turning their attention to the monthly US jobs report due on Friday, which is expected to provide fresh clues on the strength of the American economy and whether the Federal Reserve may continue holding interest rates steady or reconsider rate cuts if labour market conditions weaken.

Federal Reserve officials also noted on Wednesday that the ongoing US-backed conflict involving Iran could increase the risk of persistent inflation, particularly through elevated oil prices and potential disruptions to global supply chains.

Gold Rate Today: SPDR Gold Trust holdings slip

The SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings slipped 0.2% to 942.50 metric tonnes on Tuesday.
Among other precious metals, spot silver dipped 0.2% to $77.16 per ounce, platinum inched up 0.1% to $2,062.50, while palladium eased 0.3% to $1,533.25.

Gold Rate Today: Gold steady in international markets

Gold prices remained largely unchanged on Thursday, hovering close to a one-week peak as investors stayed cautious and waited for more clarity on the possibility of a peace agreement between the United States and Iran.

In the spot market, gold was steady at $4,688.16 per ounce as of 0059 GMT. The precious metal had climbed nearly 3% in the previous session, touching its highest level since April 27. Meanwhile, US gold futures for June delivery edged up 0.1% to $4,696.60.

Gold Rate Today: Why gold prices have rallied recently

Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said gold witnessed a sharp recovery after geopolitical worries began to cool, leading to a reversal in several macroeconomic factors that had weighed on precious metals in recent sessions.

Silver too maintained its upward momentum for the third consecutive session. Prices of the white metal advanced by Rs 3,500, or 1.4 per cent, to Rs 2,54,500 per kg, inclusive of all taxes, after ending the previous session at Rs 2,51,000 per kg, according to the association.

Gandhi noted that expectations of a diplomatic resolution between Washington and Tehran led to a notable decline in crude oil prices and the US dollar, which in turn reduced inflation fears and strengthened the appeal of precious metals.

Gold Rate Today: Gold prices climbed on Wednedsay

Gold prices made a strong comeback in the national capital on Wednesday, climbing by Rs 2,900 to reach Rs 1.55 lakh per 10 grams, while silver also extended its rally and touched Rs 2.54 lakh per kilogram.

Data from the All India Sarafa Association showed that gold of 99.9 per cent purity rose nearly 2 per cent, settling at Rs 1,55,400 per 10 grams, inclusive of taxes, compared with Tuesday’s close of Rs 1,52,500 per 10 grams.