Published on 09/02/2026 07:32 AM
Gold, Silver Rates Today LIVE: Gold and silver prices on Multi Commodity Exchange of India (MCX) rallied on Monday, following gains in international bullion prices amid a weak US dollar.
MCX gold rate today for April futures contracts opened 0.35% higher at ₹1,56,000 per 10 grams level as against its previous close of ₹1,55,451 level.
MCX silver price today for March futures contracts opened higher by ₹9,995, or 4%, at ₹2,59,887 per kilogram, as against its previous close of ₹2,49,892 level.
Gold and silver prices extended gains on a weak US dollar. Investors awaited a key US labour market report due later in the week to gauge the interest rate trajectory.
Spot gold price rose 1.4% to $5,029.09 per ounce after a near 4% climb on Friday. US gold futures for April delivery gained 1.4% to $5,051.0 per ounce. Spot silver was up 2.86% at $80.25 an ounce, after a 10% gain in the previous session.
The US dollar was at its lowest level since February 4, making greenback-priced metals cheaper for overseas buyers.
Gold prices were also supported by a landslide election victory for incumbent Japanese Prime Minister Sanae Takaichi. Her victory reinforced expectations for looser fiscal policy and sustained pressure on the yen, which would be supportive for gold prices.
Meanwhile, investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June. Non-yielding bullion tends to do well in low-interest-rate environments.
In other metals, spot platinum price rose 1.8% to $2,134.18 per ounce, while palladium prices gained 1.8% to $1,737.75.
Stay tuned to our Gold, Silver Rates Today Live Blog for the latest updates.
Gold, Silver Rates Today: Gold and silver exchange traded funds (ETFs) staged a strong rebound on February 9, mirroring the sharp recovery in precious metal prices after a period of intense volatility that rattled investors.
Silver ETFs dominated the session, clocking double-digit gains across the board. Axis Silver ETF rallied nearly 12% to hit an intraday high of ₹264.69, making it the top performer among precious metal funds. UTI Silver ETF and Groww Silver ETF followed closely, rising around 11% each.
Gold ETFs also participated in the rebound, though gains were comparatively modest. Angel One Gold ETF, LIC MF Gold ETF and Zerodha Gold ETF jumped about 5% each. Other funds such as Kotak Gold ETF, Motilal Oswal Gold ETF, Nippon India Gold ETF, SBI Gold ETF and Mirae Asset Gold ETF recorded gains of around 3%.
Gold, Silver Rates Today: While the broader bullish structure remains intact on higher timeframes, the steep pullback has pushed Comex silver prices below key moving averages, indicating short-term bearish pressure and an extended corrective phase. Strong buying interest is visible in the $65–$70 support band, aligned with prior swing lows and long-term trend support. A sustained hold above this base, followed by a recovery and close above $85–$92, could revive upside momentum toward $95–$105 and potentially retest previous highs, while the medium- to long-term outlook stays constructive on steady industrial demand and structural supply constraints despite elevated volatility, said Ponmudi R.
Gold, Silver Rates Today: The broader uptrend in Comex gold price remains intact, with the pullback reflecting profit booking and healthy price digestion. Prices are trading above key moving averages, indicating the correction is maturing and could set the stage for renewed upside momentum. Strong buying interest is evident in the $4,500 – $4,700 support band, and sustained stability above this area could pave the way for renewed upside, with a breakout above $5,200–$5,300 opening the path toward prior record highs, said Ponmudi R, CEO of Enrich Money.
Gold, Silver Rates Today: MCX silver price was trading higher at ₹2,62,400 per kilogram, up by ₹12,508, or 5.01%. Silver price touched an intraday high of ₹2,64,885, jumping as much as 6% from previous close.
Gold, Silver Rates Today: MCX gold price was trading higher by ₹2,281, or 1.47%, at ₹1,57,732 per 10 grams. The yellow metal price hit an intraday high of ₹1,58,500 level.
Gold, Silver Rates Today: While the long-term bullish structure remains intact, the steep pullback has pushed MCX silver prices below major moving averages, indicating short-term bearish pressure and an ongoing corrective phase. Strong buying interest is evident in the ₹2,25,000 – ₹2,60,000 support band, aligned with prior swing lows and longer-term structural support. A sustained hold above this base, followed by a decisive recovery, could revive upward momentum toward ₹3,00,000 – ₹3,25,000 in the coming periods, said Ponmudi R, CEO of Enrich Money.
According to him, dips toward support continue to offer accumulation opportunities for positional traders; however, a decisive break below these levels could accelerate downside pressure and extend the correction, even as the broader medium- to long-term outlook remains structurally positive.
Gold, Silver Rates Today: The broader uptrend structure remains supportive, with MCX gold prices holding above important long-term support zones. Strong buying interest is seen in the ₹1,45,000 – ₹1,50,000 support area. A sustained hold above this base, along with a breakout above ₹1,60,000, could revive upside momentum toward ₹1,65,000 – ₹1,75,000, keeping the medium-term outlook positive despite ongoing volatility, said Ponmudi R, CEO of Enrich Money.
Gold, Silver Rates Today: China's central bank extended its gold buying spree for a 15th month in January, data from the People's Bank of China (PBOC) showed on Saturday. The country’s gold holdings rose to 74.19 million fine troy ounces by the end of January, up from 74.15 million the previous month, Reuters reported. The value of China's gold reserves increased to $369.58 billion at the end of last month from $319.45 billion a month earlier, according to the PBOC.
Gold, Silver Rates Today: The trend for MCX silver price today remains positive. According to Ajay Kedia, MCX silver price today may face resistance at ₹2,71,700 per kg level and support is placed at ₹2,56,400 level.
Gold, Silver Rates Today: The trend for MCX gold price today remains positive. According to Ajay Kedia, Director, Kedia Advisory, MCX gold price today may face resistance at ₹1,58,580 level and support is seen at ₹1,51,930 level.
Gold, Silver Rates Today: MCX gold rate traded higher by ₹2,174, or 1.40%, at ₹1,57,625 per 10 grams. It hit a high of ₹1,58,500 level. MCX silver price traded higher by ₹12,201, or 4.88%, at ₹2,62,093 per kg, after hitting a high of ₹2,64,885 level.
Gold, Silver Rates Today: MCX silver price today for March futures contracts opened higher by ₹9,995, or 4%, at ₹2,59,887 per kilogram, as against its previous close of ₹2,49,892 level.
Gold, Silver Rates Today: MCX gold rate today for April futures contracts opened 0.35% higher at ₹1,56,000 per 10 grams level as against its previous close of ₹1,55,451 level.
Gold, Silver Rates Today: According to Jigar Trivedi, Senior Research Analyst at IndusInd Securities, MCX gold price for April futures contracts is expected to experience a positive undertone. According to him, the resistance for MCX gold rate is ₹1,58,000 per 10 grams for intraday today.
Gold, Silver Rates Today: The US dollar weakened to its lowest level since February 4 after a US Federal Reserve official said there’s room to cut interest rates. The dollar index dipped 0.1%, following Friday’s 0.3% drop. San Francisco Federal Reserve President Mary Daly said she thinks one or two more interest rate cuts may be needed to counteract weakness in the US labour market. Lower interest rates could reduce the greenback’s appeal, making greenback-priced metals cheaper for overseas buyers.
Gold, Silver Rates Today: Gold prices were also supported by a landslide election victory for incumbent Japanese Prime Minister Sanae Takaichi. Her victory reinforced expectations for looser fiscal policy and sustained pressure on the yen, which would be supportive for gold prices.
Gold, Silver Rates Today: Gold and silver prices on Multi Commodity Exchange of India (MCX) also rallied on Friday. MCX gold rate ended higher by ₹2,979, or 1.96%, at ₹1,55,050 per 10 grams level. MCX silver price jumped by ₹5,684, or 2.33%, to close at ₹2,49,499 per kilogram.
Gold, Silver Rates Today LIVE: Spot gold price rose 1.4% to $5,029.09 per ounce after a near 4% climb on Friday. US gold futures for April delivery gained 1.4% to $5,051.0 per ounce. Spot silver was up 2.86% at $80.25 an ounce, after a 10% gain in the previous session.
Gold, Silver Rates Today LIVE: Gold and silver prices extended gains on Monday amid a weak US dollar. Investors awaited a key US labour market report due later in the week to gauge the interest rate trajectory.
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