Gold Rates & Silver Rates Today (10/08/2026) LIVE: MCX Gold Holds Rs 1.52 Lakh, Silver Price Upbeat With Rs 2,300 Gains; Know 24K, 22K, 18K Gold Prices
Live
News
Gold rates and silver rates in India are trading higher but with a volatile bias on Monday, August 7, 2026, as the international bullion market pulled back from its strong weekly rally. MCX gold price is currently marginally up but holds above Rs 1.52 lakh mark. On the contrary, MCX silver zoomed by nearly 1% to trade near Rs 2.34 lakh per 1Kg.
Spot gold is down by 0.4% to trade around $4,330 per ounce, while spot silver traded narrow to hold above $63.50 per ounce. This is due to sharp surge in crude oil prices by 1% each in US WTI and Brent Crude as they neared $79 per barrel and $85 per barrel.
Last week, spot gold surged 7% and silver rallied over 10% due to sharp contraction in US nonfarm payroll market to 23,000, which eased expectations of rate hike from US Federal Reserve in the upcoming policy.
/img/2026/08/goldsilverratestodaylive15-27871786332979.jpg)
Markets now price around a 44% chance of a 25 basis point rate hike in September, down from 67% a week earlier. Silver also held its gains even after oil prices climbed higher as uncertainty persisted over efforts to reopen the Strait of Hormuz. Iran said talks with Oman were close to an agreement but denied holding direct negotiations with the US, despite Washington’s claims that a deal was imminent, as per Trading Economics.
US dollar stayed around $99.6 against a basket of currencies.
The trajectory for gold and silver this week is volatile.
Gold rates in India have rallied nearly 6% across carats in just 8 days of the month of August, while silver rates in the country have soared 5%. 10 grams of gold has reclaimed above the Rs 1.52 lakh mark in 24 carat, while the 999 purity silver is priced at Rs 2.45 lakh per 1 kg. Precious metals rallied after expectations of a rate hike in September policy eased, while a possible ceasefire in West Asia supported the narrative of cooling in inflationary pressure. In the week ahead, 10 grams of gold will test the Rs 1.60 lakh mark, and 1 kg of silver will also test around Rs 2.40 lakh mark at MCX. The trajectory, however, is seen to be volatile.
LIVE Feed
Aug 10, 2026, 11:16 am IST
Live Silver Rates Today: Spot Silver Nears $64
Spot silver outperformed spot gold and traded near $64 per ounce, after rising by over 10% last week. As per Trading Economics, Markets now price around a 44% chance of a 25 basis point rate hike in September, down from 67% a week earlier. Silver also held its gains even after oil prices climbed higher as uncertainty persisted over efforts to reopen the Strait of Hormuz. Iran said talks with Oman were close to an agreement but denied holding direct negotiations with the US, despite Washington’s claims that a deal was imminent.
Aug 10, 2026, 11:16 am IST
Live Gold Rates Today: Spot Gold Cautious But Above $4,300
Spot gold price traded around $4,340 per ounce with mild correction. As of now, on Monday, this bullion has showed cautious tone. As per Trading Economics, Gold also held its gains even after oil prices climbed higher as uncertainty persisted over efforts to reopen the Strait of Hormuz. Iran said talks with Oman were close to an agreement but denied holding direct negotiations with the US, despite Washington’s claims that a deal was imminent.
Aug 10, 2026, 10:23 am IST
Live Gold Silver Rates Today: Commodity Market Witnesses Buying Trend
At MCX, the iCOMDEX Bullion surged 0.5%, while other commodities also witnessed upside trend. The best performers are natural gas, silver and crude oil which surged by 1% to 2.2%. While copper is up 1%, lead and gold are marginally higher.
Aug 10, 2026, 10:23 am IST
Live Silver Rates Today: MCX Silver Outperforms Gold
MCX silver traded at Rs 2,33,751 per 1Kg, registering an upside of 2,285 or 0.99%. The silver futures which is scheduled to expire on September 4, 2026, has touched an intraday high of Rs 2,34,185 per 1Kg in the early trade before correcting.
Aug 10, 2026, 10:23 am IST
Live Gold Rates Today: MCX Gold Trade Volatile
MCX gold price opened Monday’s session on a cautious note. The gold futures scheduled to expire on October 5, 2026, is trading currently higher by Rs 45 to Rs 1,52,065 per 10 grams, after hitting an intraday high of Rs 1,52,299 per 10 grams. The bullion has touched an intraday low of Rs 1,51,461 per 10 grams in the opening bell.
