Gold Rates & Silver Rates Today (26/07/2026) LIVE: Indian Gold Prices Unchanged On Sunday, Focus On Fed Policy Next Week
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Gold rates and silver rates in india will focus on the upcoming US Federal Reserve policy outcomes next week, which will set the tone for the global bullion market. On Sunday, gold prices are unchanged, with 24-carat gold holding above Rs 1.44 lakh per 10 grams mark. While 22-carat and 18-carat gold prices neared the Rs 1.33 lakh and Rs 1.09 lakh marks. The probability of a rate hike from the Fed has reached 34% next week, and the likelihood of a rate hike in September policy reached to 80%.
MCX gold price closed last week at Rs 1,43,066 per 10 grams, while MCX silver price stood at Rs 2,22,301 per 1Kg. Both the metals were in green, however, witnessed a volatile to bearish trend throughout the week.
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Spot gold price is around $4,050 per pounce after a relentless selling pressure last week. Investors are monitoring the Middle East conflict and its impact on global economy, alongside US Fed’s rates decisions. Furthermore, spot silver price stood around $58 per ounce by the end of July 24th.
Higher oil prices, driven by concerns over Gulf supply disruptions, have reinforced expectations that interest rates could remain higher for longer, reducing the appeal of non-yielding gold. Investors now await next week’s Federal Reserve meeting, where rates are widely expected to remain unchanged, though markets still price in an roughly 80% chance of a hike in September. Meanwhile, the European Central Bank kept rates unchanged on Thursday while leaving the door open to a September increase. In Asia, gold discounts in India widened to a seven-week high as higher prices curbed demand, while buying interest improved in China, as per Trading Economics.
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