Live Gold Rates & Silver Rates Today (7/10/2026): MCX Gold & Silver Price To Trade Volatile Ahead Of RBI Rates Decision; Spot Gold, Spot Silver Down 1%
Oct 07, 2026, 8:16 am IST
Live Gold Silver Rates Today: Investors Eye Fed Minutes
US Fed will declare minutes from September monetary policy meeting on Wednesday. As per Morningstar’s note, the Federal Reserve’s meeting minutes could take on extra importance when they are released on Wednesday, given that they will reflect the thought process behind the September decision to raise the federal-funds rate by 25 basis points.
Oct 07, 2026, 8:15 am IST
Live Gold Silver Rates Today: RBI Policy To Impact?
RBI Governor Sanjay Malhotra, along with the six-member Monetary Policy Committee (MPC), will announce the October 2026 policy decisions on Wednesday. RBI faces a difficult situation in the October 2026 policy due to a challenging macro environment, elevated crude oil prices, and rising treasury yields. Choosing between a rate hike or status quo will have a substantial impact on financial markets, including savings, borrowings, and, most importantly, inflation. The market is predicting RBI to follow in the footsteps of the US Federal Reserve and announce a 25 basis point hike, eventually ending its 11-month-long dovish stance.
Oct 07, 2026, 8:14 am IST
Live Silver Rates Today; Spot Silver Falls 1%
Spot silver price dropped around 1% to struggle at $60.9 per ounce. As per Trading Economics, markets are pricing in nearly an 80% chance that the US Federal Reserve will keep rates unchanged this month following weaker-than-expected job growth in September and downward revisions to payrolls for the prior two months. Investors now await minutes from the Fed’s latest meeting for further clues on the monetary policy outlook.
Oct 07, 2026, 8:11 am IST
Live Gold Rates Today: Spot Gold Falls Near $4,145
Spot gold traded lower by 0.5% to struggle around $4,145 per ounce, hovering near 2-month low. As per Trading Economics, gold erased its previous gains as oil prices rebounded on persistent risks to Middle East supply, keeping inflationary risks and rate hike concerns in focus.
