Gold Rates & Silver Rates Today (8/9/2026) LIVE: MCX Gold Pulls Back, Silver Price Below Rs 2.40 Lakh Mark; Know 24K, 22K, 18K Gold Prices
Sep 08, 2026, 12:51 pm IST
Live Oil Prices Today: MCX Crude Oil Price Outlook
MCX Crude Oil opened on a steady note and is trading near the ₹8,750-8,800 resistance zone, up 0.25%, consolidating just below the ₹8,800 mark. A sustained break above ₹8,800 targets next resistance at ₹8,900-8,950, while a break below ₹8,750 will drag the price toward next support at ₹8,600-8,550. RSI at 65.77, elevated but not yet stretched, confirms the uptrend remains firmly intact. Crude continues to be driven by the unresolved US-Iran standoff over the Strait of Hormuz, which is keeping a firm floor under prices even during quieter consolidation sessions like today. Bias stays strongly constructive above ₹8,750, with a hold needed to extend gains toward ₹8,900; a slip below ₹8,600 would signal near-term exhaustion: Ponmudi R, CEO of Enrich Money.
Sep 08, 2026, 12:51 pm IST
Live Silver Rates Today: MCX Silver Bias Cautious
MCX Silver opened with a gap up above ₹240,000 and is up 0.83%, holding above its short-term key moving averages. Immediate resistance is at ₹242,000-243,000, and a break above targets next resistance at ₹246,000-247,000. Immediate support is at ₹240,000-239,000, with next support at ₹236,000-235,000. RSI firmly above 55 reflects a controlled, mildly bullish grind. Silver’s domestic strength is tracking the global bid seen in COMEX silver. Bias stays cautiously constructive above ₹240,000, with a hold needed to retest ₹242,000; a slip below ₹240,000 risks a pullback toward lower levels: Ponmudi R, CEO of Enrich Money.
Sep 08, 2026, 12:51 pm IST
Live Silver Rates Today: Spot Silver Technical Outlook
COMEX Silver is trading at the $67.500-68.000 resistance zone, up 1.16%, breaking back above its 100-EMA and making a recovery compared to Monday’s weakness. A sustained break above $68.000 targets next resistance at $69.500-70.000. Immediate support is at $65.500-65.000 (50/200-day EMA), with next support at $64.000-63.500. RSI at 56, rising steadily, confirms improving momentum. Silver continues to outperform gold within the precious-metals complex, tracking the same rate-hike-versus-geopolitical-risk tug-of-war, with today’s move suggesting buyers are back in control above the EMA cluster. Bias stays constructive above $66.875, with a hold needed to extend gains toward $68.000; a slip below $65 would stall the recovery: Ponmudi R, CEO of Enrich Money.
Sep 08, 2026, 12:51 pm IST
Live Gold Rates Today: MCX Gold Bias Neutral
MCX Gold opened with a gap up and is trading near ₹153,900, up 0.70%, still capped below its 20-EMA. A sustained move above ₹155,000 could extend the rally toward resistance at ₹156,300-157,000, and a break above targets next resistance at ₹159,300-160,000. Immediate support is at ₹153,000-152,300, with next support at ₹150,700-150,000 (100-day EMA). RSI hovering just above the neutral 50 mark shows momentum is stabilizing but not yet turned bullish. Domestic gold is mirroring COMEX’s tug-of-war between firm Fed rate expectations and Middle East-driven safe-haven demand. Bias stays neutral below ₹155,000, with a reclaim needed to retest higher levels; a slip below ₹153,000 risks a pullback toward lower levels: Ponmudi R, CEO of Enrich Money.
Sep 08, 2026, 12:51 pm IST
Live Gold Rates Today: Spot Gold Caught Between Fed-Rate Hike Odds
COMEX Gold is trading near $4,480, up marginally (+0.08%), attempting to stabilize just above its 20-EMA after Monday’s choppy two-way session. Immediate resistance is at $4,500-4,530, and a break above targets next resistance at $4,600-4,630. Immediate support is at $4,400-4,370 (50/100-day EMA), with next support at $4,300-4,270. RSI at 52.47, holding well above the neutral 50, suggests the metal is basing rather than breaking down further. Gold remains caught between elevated Fed rate-hike odds (near 60% for a September move) following Friday’s strong US payrolls data, and a persistent geopolitical floor from the ongoing Strait of Hormuz tensions. Bias stays neutral-to-cautious below $4,500, with a reclaim needed to retest this level; a slip below $4,400 risks a fresh push toward lower levels: Ponmudi R, CEO of Enrich Money.
Sep 08, 2026, 12:47 pm IST
LIVE Gold Silver Rates Today: Is Gold Above $4,400 Expensive?
Monarch PMS says gold above $4,400 remains expensive, trading above its modelled fair-value midpoint, while silver at around $66 appears relatively cheap. The report notes silver has fully reversed its January overshoot, while gold has only partially corrected. Monarch expects quality in precious metals valuations to increasingly hinge on fundamentals, with silver offering comparatively better value at current levels.
