Gold Rates & Silver Rates Today (2/11/2026) LIVE: MCX Gold Falls Marginally, Silver Price Erases Early Gains But Still 1% Up; Know 24K, 22K, 18K Gold Prices
Nov 02, 2026, 4:11 pm IST
Live Silver Rates Today: MCX Silver Corrects Slightly
MCX silver price also erased some of its gains to trade around Rs 1,81,293 per 1Kg, up by Rs 2,161 or 1.21%. Silver had rallied by 2% to hit an intraday high of Rs 1,82,713 per 1Kg in the early trade.
Nov 02, 2026, 4:11 pm IST
Live Gold Rates Today: MCX Gold Falls
MCX gold price erased all its early gains to trade at Rs 1,38,165 per 10 grams, down by Rs 320 or 0.23%. The bullion is closer to its intraday low of Rs 1,38,030 per 10 grams.
Nov 02, 2026, 2:58 pm IST
Live Gold Rates Today: Dhanteras To Dhanters Returns In 5 Years
The Dhanteras is just around the corner this week, and gold demand is already expected to soar. Gold and Dhanteras have a long-standing relationship, where Indian citizens see the first day of Diwali as the most auspicious moment to purchase precious metals for prosperity, safety and long-term future wealth creation. However, this year, gold prices have crashed significantly by 23% and silver rates by over 56% from their all-time highs that were recorded in late January 2026. However, from Dhanteras to Dhanteras, gold prices have give a whopping 175% return in a five-year span.
Nov 02, 2026, 1:43 pm IST
Live Forex Market Today: US Dollar Falls Today
The US dollar index fell to around 101.7 on Monday, extending recent losses as investors turned their attention to major US economic releases that could shape expectations for the Federal Reserve’s monetary policy outlook. Market participants are awaiting the crucial October jobs report, along with the ISM manufacturing and services surveys, as per Trading Economics.
Nov 02, 2026, 12:45 pm IST
Live Gold Rates Today: OCBC Remains Bullion On Spot Gold In Medium Term
OCBC remains bullish on gold in the medium term, forecasting prices of $4,250/oz by end-2026 and $4,710/oz by end-2027. Near-term downside risks include elevated US bond yields, expectations of another Fed rate hike, weaker risk sentiment and potential AI-driven market deleveraging. Recovery expected towards 2027, supported by central-bank purchases, ETF inflows and an eventual easing of Fed hawkishness, alongside a softer US dollar and lower yields.
Nov 02, 2026, 12:18 pm IST
Live Oil Prices Today: Brent Crude Crashes 3%
Brent crude fell more than 3% to below $110 per barrel on Monday, erasing gains from last week as investors weighed signs of diplomatic efforts to end the Middle East conflict against fears of renewed US military action against Iran. Reports indicated that President Donald Trump intends to allow diplomacy more time before deciding whether to resume strikes against Iran following Tuesday’s midterm elections. Meanwhile, Qatari and Iranian officials continued negotiations for a third consecutive day, as Gulf countries try to prevent an escalation in the region, as per Trading Economics.
Nov 02, 2026, 12:18 pm IST
Live Oil Prices Today: US WTI Crude Drops 3%
Crude oil fell more than 3% to below $101 per barrel on Monday, erasing gains from last week as investors weighed signs of diplomatic efforts to end the Middle East conflict against fears of renewed US military action against Iran. Reports indicated that President Donald Trump intends to allow diplomacy more time before deciding whether to resume strikes against Iran following Tuesday’s midterm elections, as per Trading Economics.
Nov 02, 2026, 11:29 am IST
Live Gold Rates Today: 24K, 22K, 18K Gold Prices Rally In India
| Weight (grams) | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| 1 gram | ₹13,937 (+₹49) | ₹12,775 (+₹45) | ₹10,453 (+₹37) |
| 8 grams | ₹1,11,496 (+₹392) | ₹1,02,200 (+₹360) | ₹83,624 (+₹296) |
| 10 grams | ₹1,39,370 (+₹490) | ₹1,27,750 (+₹450) | ₹1,04,530 (+₹370) |
| 100 grams | ₹13,93,700 (+₹4,900) | ₹12,77,500 (+₹4,500) | ₹10,45,300 (+₹3,700) |
Physical gold rates started the month on a positive note ahead of the Dhanteras and Diwali festivals. On November 2nd, 24-carat gold rates jumped by Rs 4,900 to Rs 490 across 100 grams to 10 grams. Meanwhile, 22-carat gold prices climbed by Rs 4,500 to Rs 450 on Monday, and 18-carat gold rates are higher by Rs 3,700 to Rs 370. The 8 grams gold price stood at Rs 1,11,496 in 24-carat, at Rs 1,02,200 in 22-carat and at Rs 83,624 in 18-carat.
Nov 02, 2026, 11:29 am IST
Live Gold Rates Today: Gold Rates In Chennai vs Gold Rates In Bangalore vs Gold Rates In Hyderabad
24-carat, 22-carat and 18-carat gold prices are the same in these cities. 24-carat gold rate stood at Rs 13,937 per 1 gram, at Rs 139,370 per 10 grams and at Rs 13,93,700 per 100 grams. Meanwhile, 22-carat gold rates here are at Rs 12,775 per 1 gram, at Rs 1,27,750 per 10 grams and at Rs 12,77,500 per 100 grams. Furthermore, 18-carat gold rates are at Rs 10,453 per 1 gram, at Rs 1,04,530 per 10 grams and at Rs 10,45,300 per 100 grams.
Nov 02, 2026, 11:28 am IST
Live Gold Rates Today: Gold Rates In Mumbai Vs Gold Rates In Delhi
In the national capital, gold is most expensive. For instance, on November 2, gold prices are at Rs 13,952 per 1 gram, at Rs 1,39,520 per 10 grams and at Rs 13,95,200 per 100 grams under 24-carat. Also, 22-carat gold is available at Rs 12,790 per 1 gram, at Rs 1,27,900 per 10 grams, at Rs 12,79,000 per 100 grams. Additionally, 18-carat gold prices are at Rs 10,468 per 1 gram, at Rs 1,04,680 per 10 grams and at Rs 10,46,800 per 100 grams. In the financial hub Mumbai, gold prices are at Rs 13,937 per 1 gram in 24-carat, at Rs 12,775 in 22-carat and at Rs 10,453 in 18-carat. Here, 10 grams gold prices are at Rs 1,39,700 in 24-carat, at Rs 1,27,750 in 22-carat and at Rs 1,04,530 in 18-carat. Additionally, 100 grams gold price ranged to Rs 13,93,700 in 24-carat, at Rs 12,77,500 in 22-carat and at Rs 10,45,300 in 18-carat.
Nov 02, 2026, 11:28 am IST
Gold Rates & Silver Rates Today (2/11/2026) LIVE: MCX Gold Above Rs 1.39 Lakh Mark, Silver Extends Gains By Rs 3,500, Physical Gold Rate Jumps Rs 4,900; Know 24K, 22K, 18K Gold Prices
MCX gold price extended its gains by Rs 655 or 0.5% to trade around Rs 1,39,140 per 10 grams, which is near its intraday high of Rs 1,39,179 per 10 grams. Meanwhile, MCX silver outperformed with nearly Rs 3,500 or 1.94% gains to trade around Rs 1,82,600 per 1 Kg, which is after hitting an intraday high of Rs 1,82,701 per 1Kg.
Nov 02, 2026, 10:41 am IST
Live Gold Silver Rates Today: Spot Silver Crashes Harder Than Gold In 1 Month
At present, spot gold is near its one-year low towards $3,900 per ounce. The bullion has plunged by 6% on a month-on-month basis and down by 2.4% on a year-on-year basis. Similarly, spot silver is also near its 1-year low to struggle to hold $50 per ounce. However, compared to gold, silver has crashed steeper by more than 18% on month-on-month performance. But silver is still higher by 4% on year-on-year performance against gold.
Nov 02, 2026, 10:39 am IST
Live Gold Silver Rates Today: Gold Rates Predictions During US Midterm
The US midterm election voting will begin on November 3, 2026, and the bullion market is awaiting with bated breaths over the outcome. Generally, precious metals like gold and silver have historically reacted to economic, fiscal and monetary policies. However, in the heightened geoeconomics environment, gold and silver are expected to be more reactive to the midterm election. Currently, the odds are in favour of democrats regaining some strength in Congress.
Nov 02, 2026, 10:39 am IST
Live Oil Prices Today: MCX Crude Oil Price Technical Outlook
MCX Crude opened with a sharp gap-down near ₹9,592 and is currently trading around ₹9,593, down 3.46%, extending its decline after Friday’s rally stalled just below the ₹10,000 mark. The ₹9,500–₹9,600 range is being tested as immediate support, with the next support zone placed at ₹9,200–₹9,300. On the upside, immediate resistance is seen at ₹9,900–₹10,000, followed by ₹10,200–₹10,300. The RSI, near 55, is easing, while the MACD histogram is contracting, indicating a loss of upward momentum. The decline follows a pullback in international crude prices amid renewed diplomatic efforts, with Iranian and Qatari officials holding a third consecutive day of discussions aimed at securing an agreement to end the conflict. The absence of any significant military escalation over the weekend has also eased immediate supply concerns. A firmer rupee has added to the downward pressure on domestic crude prices. The near-term bias remains cautiously weak, with a sustained recovery above ₹9,900–₹10,000 needed to revive the upside. Conversely, a decisive break below ₹9,500–₹9,600 could accelerate the decline towards ₹9,200–₹9,300: Ponmudi R, CEO of Enrich Money.
Nov 02, 2026, 9:59 am IST
Live Gold Silver Rates Today: Crude Oil Crashes At MCX
MCX crude oil futures emerged as the top loser of the morning trade on November 2, crashing by nearly 4% to Rs 9,550 per barrel. Silver and zinc are the top gainers with 1% upside each, followed by copper, lead and gold. Natural gas and methanol oil are also down.
Nov 02, 2026, 9:59 am IST
Live Silver Rates Today: MCX Silver Outperforms Gold
MCX silver price soared by 1% or Rs 1,770 to trade around Rs 1,80,902 per 1Kg, after hitting an intraday high of Rs 1,81,925 per 1Kg. This is after spot silver reclaimed $50 mark.
Nov 02, 2026, 9:58 am IST
Live Gold Rates Today: MCX Gold Price Near Rs 1.39 Lakh Mark
MCX gold price gained marginally by Rs 319 or 0.23% to trade around Rs 1,38,804 per 10 grams. The bullion has touched an intraday high of Rs 1,39,098 per 10 grams.
Nov 02, 2026, 9:06 am IST
Live Silver Rates Today: How MCX Silver Will Perform This Week?
A sustained recovery above these levels would be necessary to stabilise the price structure. On the downside, ₹1,76,000–₹1,78,000 remains the immediate support zone, with a break below this range potentially dragging prices towards ₹1,70,000–₹1,72,000.
The daily RSI, near 17, indicates extremely oversold conditions, while the MACD continues to show a widening negative spread. This leaves room for sharp, volatile relief rallies, even as the broader downtrend remains intact. The decline tracked the steep fall in international silver prices below $50 an ounce, amid rising expectations of further Fed tightening, resilient U.S. GDP growth, elevated PCE inflation and widespread liquidation across precious metals. The technical outlook remains firmly bearish, with silver continuing to underperform gold and experience steeper losses: Ponmudi R, CEO of Enrich Money.
Nov 02, 2026, 9:06 am IST
Live Gold Rates Today: MCX Gold Outlook For November 2-6
A sustained move above these levels would be needed to improve the recovery outlook. On the downside, ₹1,37,500–₹1,38,300 remains the immediate support zone, with a break below this range potentially dragging prices towards ₹1,34,000–₹1,35,000. The daily RSI, near 28, indicates oversold conditions, while the MACD remains firmly negative. The weekly chart has also turned bearish, pointing to a deterioration in the broader technical outlook. The decline mirrored the sharp sell-off in international gold prices, as the Federal Reserve’s decision to hold rates, coupled with two hawkish dissents, resilient U.S. economic data and a technology-led equity market rout, intensified selling pressure and dragged global gold to a 12-month low. A relatively stable rupee near ₹95 per dollar offered little support to domestic prices. The near-term trend remains weak, with a sustained recovery above ₹1,40,000 needed to ease selling pressure: Ponmudi R, CEO of Enrich Money.
Nov 02, 2026, 8:51 am IST
Live Silver Rates Today: SPOT Silver Outlook For This Week
A sustained recovery above these levels would be necessary to stabilise the price structure. On the downside, $48.50–$49.00 remains the immediate support zone, with a break below this range potentially dragging prices towards $46.00–$46.50.
The daily RSI, near 22, indicates deeply oversold conditions, while the MACD continues to show a widening negative spread, reinforcing the bearish trend. Silver fell nearly twice as sharply as gold on Friday as hawkish Fed signals, resilient U.S. economic data and persistent inflation concerns, coupled with a technology-led equity market sell-off, triggered widespread liquidation across precious metals. The metal has lost approximately 19% in October. The near-term technical bias remains firmly bearish, although deeply oversold conditions increase the likelihood of sharp and volatile recovery attempts: Ponmudi R, CEO of Enrich Money.
Nov 02, 2026, 8:51 am IST
Live Gold Rates Today: Weekly Outlook For Spot Gold
A sustained recovery above these levels would be necessary to signal an improvement in the technical structure. On the downside, $3,770–$3,800 remains the immediate support zone, with a break below this range potentially opening the way for a further decline towards $3,700.
The daily RSI, near 28, indicates deeply oversold conditions, making a technical rebound possible. However, the MACD continues to widen on the downside, reinforcing the prevailing bearish momentum. Gold’s decline gathered pace after the Federal Reserve held interest rates at 3.75%–4.00% on Wednesday, with two policymakers dissenting in favour of an immediate hike. Strong U.S. GDP growth and elevated PCE inflation subsequently kept the possibility of a December rate hike in focus. Selling intensified on Friday as a technology-led equity market sell-off triggered margin calls and forced liquidation across precious metals. Gold settled at its lowest level in 12 months. The near-term technical bias remains firmly bearish, with the U.S. employment report due on November 6 emerging as the next key event for markets: Ponmudi R, CEO of Enrich Money.
Nov 02, 2026, 8:29 am IST
Live Silver Rates Today: Spot Silver Jumps 2%
Spot silver price rallied by nearly 2% to trade near $49.75 per ounce, also recovering from their 1-year low as crude oil prices declined. As per Trading Economics, investors are awaiting this week’s closely watched US jobs report for further insight into the Federal Reserve’s monetary policy outlook, with markets currently assigning around a 75% probability of a rate hike in December. Last week, silver faced significant selling pressure as persistent concerns over energy-driven inflation strengthened expectations of further Fed rate increases. A broader global equity selloff fueled by AI concerns also prompted investors to liquidate silver holdings to cover losses in other assets.
Nov 02, 2026, 8:29 am IST
Live Gold Rates Today: Spot Gold Jumps 1%
Spot gold price gained by nearly 1% to trade around $3,900 per ounce, recovering from their one-year lows as declining oil prices eased concerns over inflation and potential interest rate increases. Oil prices declined amid signs of ongoing diplomatic efforts to prevent renewed US military action against Iran following the midterm elections, as per Trading Economics.
