Published on 02/02/2026 07:21 AM
Gold, Silver Rates Today LIVE: Gold and silver prices in India extended losses on Monday, following a fall in international bullion prices, weighed down by a firm US dollar and as investors booked profits.
MCX gold rate for April futures contracts today opened 1.18% lower at ₹1,46,000 per 10 grams as against its previous close of ₹1,47,753 level. The yellow metal price touched a multi-week low of ₹1,37,065 per 10 grams level, falling by 7.23%.
MCX silver price for March futures contracts opened 0.69% lower at ₹2,67,501 per kilogram as against its previous close of ₹2,65,652 level. MCX silver rate plunged 15%, or by ₹39,847, to multi-week low of ₹2,25,805 per kg.
In the international market, gold and silver prices declined to multi-week lows amid a firm dollar and as increases in CME precious metals margin requirements were set to take effect on session close weighing on prices.
Spot gold price dropped 3.3% to $4,703.27 per ounce, after falling more than 5% earlier in the session to hit its lowest in more than two weeks. Bullion had scaled a record high of $5,594.82 on Thursday. US gold futures for April delivery were down 0.3% at $4,729.20 per ounce.
Spot silver price plunged 5% to $80.28 an ounce. It hit a record high of $121.64 on Thursday before touching a near one-month low on Friday.
Meanwhile, CME Group announced hikes in margins on its metal futures on Saturday and the changes are set to take effect after market close on Monday.
Stay tuned to our Gold, Silver Rates Today live blog on 2nd February for the latest updates.
MCX Gold, Silver Price Today LIVE: Silver ETFs extended losses for the third straight session as the historic slide in precious metals intensified across domestic and global markets. The sharp correction in bullion prices has spilled over into exchange-traded funds, eroding gains that had built up over an extraordinary rally in the past year.
Among the hardest hit were Kotak Silver ETF and ICICI Prudential Silver ETF, both tumbling 20%. SBI Silver ETF and Axis Silver ETF also declined 20%. HDFC Silver ETF fell 19.5%, while Nippon India Silver ETF dropped 19%. Over the last three trading sessions of extreme volatility, all silver ETFs have lost more than 40%.
MCX Gold, Silver Price Today LIVE: MCX silver price for March futures contracts plunged 15%, or by ₹39,847, to multi-week low of ₹2,25,805 per kg. It was trading lower by ₹37,447, or 14.10%, at ₹2,28,205 per kg level.
MCX Gold, Silver Price Today LIVE: A wave of risk-off sentiment swept through global financial markets on Monday, pushing stocks, commodities, cryptocurrencies and bonds lower, as investors grappled with a mix of domestic policy concerns and tightening global financial conditions. Read here
MCX Gold, Silver Price Today LIVE: Silver prices remained under heavy pressure after suffering the biggest one-day fall in history, as markets continued to unwind a crowded speculative rally.
> The sharp correction was triggered by expectations of a more hawkish US Federal Reserve following Kevin Warsh’s nomination, which strengthened the dollar and reduced appetite for precious metals.
> Heavy profit-taking, particularly from Chinese investors, accelerated losses after prices had surged on deficit-driven fundamentals and safe-haven demand.
> Despite the steep decline, silver’s longer-term outlook continues to draw support from supply constraints, fiscal concerns, and lingering geopolitical uncertainty, said Ajay Kedia.
MCX Gold, Silver Price Today LIVE: MCX gold rate slipped by ₹8,865, or 6%, to ₹1,38,888 per 10 grams level. MCX silver price was down by ₹31,878, or 12%, at ₹23,3774 per kg.
Gold, Silver Rates Today LIVE: COMEX silver price is trading around key consolidation points in the $75–$85 zone, after testing record highs above $121.6. The metal remains within a broader rising structure, but the recent move left prices overbought, resulting in sharp rise–sharp fall price action driven by aggressive profit booking. Importantly, prices are holding above key moving averages, suggesting the current pause is a healthy consolidation rather than trend exhaustion. Support is placed in the $73–$75 zone, and a sustained breakout above $88–$90 could trigger the next impulsive move toward $100–$105 over the intermediate term. Structural supply deficits and steady industrial demand continue to underpin the bullish bias, said Ponmudi R, CEO of Enrich Money.
Gold, Silver Rates Today LIVE: COMEX Gold is trading near the $4,580–$4,700 key reference zone, cooling off after the sharp spike above $4,900. While the broader market trend remains constructive, the recent vertical rally pushed momentum indicators into overbought territory, leading to heat-driven profit booking and mild price digestion from elevated levels. Despite this, prices continue to hold above major moving averages, indicating that the ongoing correction is technical and orderly rather than trend-reversing, said Ponmudi R, CEO of Enrich Money.
According to him, strong buying interest is emerging in the $4,500–$4,400 support band, reinforcing this zone as a critical demand base. A sustained consolidation above this area could set the stage for the next leg higher, with a decisive move above $5,000–$5,100 reopening upside toward prior peaks.
Gold, Silver Rates Today LIVE: MCX silver price for March futures contracts crashed another 9% on Monday, hitting the lower circuit limit as selling in precious metals intensified. MCX silver rate today plunged 9% to ₹2,41,744 per kilogram level. The white metal has declined over 42% from its record high of ₹4,20,048 per kg level.
Gold, Silver Rates Today LIVE: According to Ajay Kedia, the trend for MCX silver price remains negative, and the price may find support at ₹2,36,000 level, while resistance is seen at ₹2,75,000 level.
Gold, Silver Rates Today LIVE: The view for MCX gold rate today remains negative, said Ajay Kedia, Director, Kedia Advisory. According to him, MCX gold price may find support at ₹1,38,000 level and resistance at ₹1,46,000 level.
Gold, Silver Rates Today LIVE: Bullion markets remain highly volatile, but silver prices could find support near $68, while gold may hold around $4,510 this week. Gold price has support at $4,655-4,575, while resistance is at $4,840-4,950. Silver price has support at $74.8-69.75 while resistance is at $88.15-93.80. MCX gold rate has support at ₹1,39,650 - ₹1,36,310, while resistance at ₹1,48,850 - ₹1,50,950. MCX silver price has support at ₹2,48,810 - ₹2,37,170, while resistance is at ₹2,78,810 - ₹2,95,470, said Rahul Kalantri, VP Commodities, Mehta Equities Ltd.
Gold, Silver Rates Today LIVE: The broader structure for MCX gold price remains bullish, though the market is witnessing sharp intraday swings, reflecting short-term overheating and tactical profit booking after the recent vertical rise. The rising channel remains intact, and pullbacks continue to attract buyers, suggesting selling pressure is being absorbed efficiently, said Ponmudi R, CEO of Enrich Money.
The ₹1,43,000 – ₹1,45,000 zone continues to act as a strong dynamic support. A sustained hold above ₹1,50,000 could revive upside momentum toward ₹1,65,000 – ₹1,70,000, keeping the medium-term outlook constructive despite near-term volatility, he added.
Gold, Silver Rates Today LIVE: Gold and silver prices saw the steepest fall in over a decade after a sharp rally. Profit-taking intensified as gold hit record highs and momentum cooled. Gold and Silver ETFs are under heavy selling pressure and prices have corrected up to 20% as the strong US dollar added further downside pressure, said Ajay Kedia, Director of Kedia Advisory.
According to Kedia, the key technical support level for gold price lies at $4,280 and resistance is seen at $5,020. Silver price may find support at $70 and $56 levels, while resistance is placed at $92.20 level. He advises avoiding fresh bullion trades at current levels and expects high volatility and whipsaws in the precious metal prices.
Gold, Silver Rates Today LIVE: CME Group announced hikes in margins on its metal futures and the changes are set to take effect after market close on Monday. COMEX gold futures margins (1oz) are raised from 6% to 8%, while COMEX 5000 silver futures (SI) are set to increase to 15% from 11%. Platinum and palladium futures will also see increases in margin requirements.
Gold, Silver Rates Today LIVE: Spot silver fell 5% to $80.28 an ounce. It hit a record high of $121.64 on Thursday before touching a near one-month low on Friday.
Gold, Silver Rates Today LIVE: Gold and silver prices declined to multi-week lows amid a firm dollar and as increases in CME precious metals margin requirements were set to take effect on session close weighing on prices.
Spot gold price dropped 3.3% to $4,703.27 per ounce, after falling more than 5% earlier in the session to hit its lowest in more than two weeks. Bullion had scaled a record high of $5,594.82 on Thursday. US gold futures for April delivery were down 0.3% at $4,729.20 per ounce.
Gold, Silver Rates Today LIVE: MCX silver price opens 0.69% lower at ₹2,67,501 per kilogram as against its previous close of ₹2,65,652 level. The white metal price was trading lower by ₹8,671, or 3.26%, at ₹2,56,981 per kg. MCX silver rate hit an intraday low of ₹2,55,652 level.
Gold, Silver Rates Today LIVE: MCX gold rate today opened 1.18% lower at ₹1,46,000 per 10 grams as against its previous close of ₹1,47,753 level. The yellow metal price was trading lower by ₹1,253, or 0.85%, at ₹1,46,500 level. It hit an intraday low of ₹1,43,501.
Gold, Silver Rates Today LIVE: With the Union Budget now behind us, gold and silver are shifting from policy noise back to macro reality. The sharp correction reflects profit-taking and global yield pressures, not a breakdown in fundamentals. Near-term volatility is inevitable, but structurally, precious metals remain a hedge against geopolitical risk, fiscal expansion, and any renewed softness in global growth, said Mohit Gulati, CIO and managing partner of ITI Growth Opportunities Fund.
Gold, Silver Rates Today LIVE: The dollar clung to its gains as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet. The US dollar index steadied at 97.22 after jumping 1% on Friday. The Japanese yen was down 0.4% to 155.39 per dollar. Euro last stood at $1.1848, while Sterling was down 0.05% to $1.3680.
Gold, Silver Rates Today LIVE: 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.
Gold, Silver Rates Today LIVE: 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. A stronger dollar makes greenback-priced gold less affordable for holders of other currencies.
Gold, Silver Rates Today LIVE: 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.
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.
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