Gold & Silver Rates Today (May 20, 2026) Live: MCX Gold Slips, Silver Drops Rs 3,200 As US-Iran Deal Stalled

Gold rates and silver rates in India tracked the sentiments in the international market on May 19. MCX gold pulled away from its Rs 1.60 lakh mark in the early trade on Wednesday, to trade lower by 0.5% to near Rs 1,58,300 level. Meanwhile, MCX silver plunged by 1% to struggle around Rs 2.68 lakh.

Meanwhile, Spot gold continued to slip by 1% to struggle around $4,460 per ounce. On the other hand, spot silver witnessed mild buying which took the price level near $74 per ounce. In the previous session, COMEX has tumbled by 2%.

The escalating tensions between the US and Iran kept the market sentiment on the edge as inflationary risks flared and the probability of a rate hike hung like a dagger to the bullion demand.

On the other hand, crude oil prices slipped on May 20th as well, but they still remain at elevated level. US WTI Crude oil futurs traded lower but near $104 per barrel, while Brent Crude dipped by 0.5% but still near $111 per barrel.

President Donald Trump warned that the US could resume strikes on Iran within "two or three days" if Tehran failed to agree to Washington's peace terms. The remarks came shortly after Trump said he had called off a planned attack following appeals from Gulf allies, with Tehran's nuclear program being a major sticking point in negotiations. The prolonged conflict has effectively kept the crucial Strait of Hormuz closed to shipping, driving oil prices higher and intensifying inflationary pressures. Accelerating US inflation has also prompted traders to further reduce expectations for Federal Reserve rate cuts this year, while reinforcing speculation that the central bank could still raise rates before the end of the year, as per Trading Economics.

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May 20, 2026, 11:14 am IST

Silver Rates Today Live Updates: Spot Silver Gains 1%, Outperforming Gold

Spot silver price recovered early losses to trade higher by nearly 1% and near per ounce. This comes after silver had nosedived by over 5% yesterday. The tensions between US and Iran continued to drive the trend, however, gains were limited due to rate hikes possibility owing to inflationary concerns and energy crisis.

May 20, 2026, 11:11 am IST

Gold Rates Today Live Updates: Spot Gold Slide Continues

Spot gold price slipped marginally and struggled between ,460 to ,470 per ounce in the trade. This is the second consecutive decline after 2% drop in the previous session.

May 20, 2026, 10:15 am IST

Silver Rates Today Live Updates: MCX Silver Price Crashed By Rs 3,200

MCX silver price traded lower by almost Rs 3,200 or 1.2% to Rs 2.67 lakh mark. This precious metal struggled between Rs 2,66,850 per 1Kg intraday low to Rs 2,68,464 per 1Kg intraday high.

May 20, 2026, 10:13 am IST

Gold Rates Today Live Updates: MCX Gold Price Drops By 0.5%

MCX gold price traded at Rs 1,58,325 per 10 grams, down by Rs 755 or 0.5%. The bullion which is scheduled for June 2026 expiry, had touched an intraday high of Rs 1,60,378 per 10 grams in the opening bell before correcting to hit the day's low of Rs 1,57,959 per 10 grams.