Gold, Silver Rates Today LIVE: Gold and silver prices rebounded on Monday from a crash in the previous session that led the bullion prices to multi-week low levels. While spot gold prices traded lower, US gold futures climbed and silver prices also rallied.
However, sentiment for gold and silver prices remain weak amid a firm dollar, as investors gauged US President Donald Trump’s Federal Reserve chair pick Kevin Warsh’s approach to interest rate cuts.
Spot gold price fell 1.5% to $4,793.97 per ounce, after touching a more than one-week low on Friday. Bullion scaled a record high of $5,594.82 on Thursday. US gold futures for February delivery rallied 1.6% to $4,818.10 per ounce. Spot silver price rose 1.6% to $85.98 an ounce. It hit a record high of $121.64 on Thursday.
MCX Gold, Silver Prices
MCX gold rate for April futures ended lower by ₹4,242, or 2.87%, at ₹1,48,104 per 10 grams on Sunday. MCX silver price for March futures expiry closed at a 9% lower circuit of ₹2,65,652 per kg, down by ₹26,273.
Stay tuned to our Gold, Silver Rates Today Live Blog for the latest updates.
