Gold Rates & Silver Rates Today (03/08/2026) LIVE: MCX Gold Nears Rs 1.44 Lakh, Silver Price Jumps Rs 1,300

Gold rates and silver rates in India are trading higher on Monday, August 3, 2026, as crude oil prices crash up to 6% after US President Donald Trump hinted at peace talks with Iran to resume. MCX gold gained to trade above Rs 1,43,500 per 10 grams, while MCX silver rose to trade above Rs 2,18,200 per 1Kg. Precious metals are broadly higher in global market.

Spot gold is higher by 0.6% to trade above $4,060 per ounce, while spot silver gained over 1% to trade above $58 per ounce. Meanwhile, US dollar has slipped below 99.5 mark and Brent Crud crashed over 5% to trade below $84 per barrel. US WTI Crude Oil plunged nearly 6% to trade below $80 per barrel.

Trump said key Middle Eastern allies, including Saudi Arabia, urged him to suspend planned strikes and pursue a diplomatic agreement instead, while reiterating his call for the swift reopening of the Strait of Hormuz. Investors also turned their focus to a packed week of US labor market data, highlighted by Friday's closely watched monthly jobs report. Last week, the Federal Reserve left interest rates unchanged, although three officials dissented, warning that delaying action for too long could eventually require more aggressive policy tightening. Markets are currently pricing in about a 68% chance of a 25 basis point Fed rate hike in September, as per Trading Economics.

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Aug 03, 2026, 10:59 am IST

Live Silver Rates Today: MCX Silver Cautiously Positive

MCX Silver opened on a steady note and is holding above ₹218,600, up 0.51% on the day. Immediate support is at ₹216,000-215,000, with next support at ₹212,000. On the upside, immediate resistance is at ₹219,500-220,500, and a break above targets next resistance at ₹222,000-222,700. Overall, bias stays cautiously positive, with a hold above ₹218,000 needed to keep the recovery intact; a break below risks a slide back toward ₹215,000: Ponmudi R, CEO of Enrich Money.

Aug 03, 2026, 10:58 am IST

Live Silver Rates Today: Spot Silver Outlook Ahead

COMEX Silver opened on a steady note but has pulled back toward the .300 mark. The daily chart shows price consolidating in a choppy range after finding support near .500, with sellers stepping in around the .500 mark. Immediate support remains .500-57.000, with next support at .500-55.000. On the upside, immediate resistance is at .000-59.500, and a break above targets next resistance at .500-61.000. Overall, bias stays constructive, with a hold above .000 needed to keep the recovery intact; a break below risks a slide back toward .000: Ponmudi R, CEO of Enrich Money.

Aug 03, 2026, 10:58 am IST

Live Gold Rates Today: MCX Gold Price Next Resistance

MCX Gold opened on a steady note, up 0.27% on the day, extending the recovery seen over the past few sessions. Immediate support is at ₹143,300-143,000, with next support at ₹142,300-142,000. On the upside, immediate resistance is at ₹144,000-144,300, and a break above targets next resistance at ₹145,300-145,700. Overall, bias stays cautiously positive, with a sustained move needed to clear ₹144,300 and open the path toward higher levels; a slip below ₹143,000 would weaken the recovery: Ponmudi R, CEO of Enrich Money.

Aug 03, 2026, 10:58 am IST

Live Gold Rates Today: COMEX Gold Price Bias Cautiously

COMEX Gold maintains a cautiously positive bias while continuing to trade in a broad consolidation range. Immediate support is at ,090-4,070, with next support at ,000-3,980, the key psychological base. On the upside, immediate resistance is at ,160-4,180, and a break above targets next resistance at ,220-4,240. Overall, bias stays cautiously optimistic, with a hold needed to sustain the recovery toward ,180; a break below risks a slide back toward ,000: Ponmudi R, CEO of Enrich Money.

Aug 03, 2026, 10:53 am IST

Live Silver Rates Today: MCX Silver Price Jumps Rs 1,300

MCX silver climbed nearly Rs 1,300 to trade around Rs 2,18,400 per 1 kg mark. However, silver surged to hit an intraday high of Rs 2,19,399 per 1Kg in the early trade.

Aug 03, 2026, 10:53 am IST

Live Gold Rates Today: MCX Gold Price Races For Rs 1.44 Lakh Mark

MCX gold price gained by Rs 224 or 0.16% to trade around Rs 1,43,600 per 10 grams. However, in the early trade, MCX gold rose to hit an intraday high of Rs 1,43,924 per 10 grams, racing closer towards Rs 1.44 lakh pivotal mark.

Aug 03, 2026, 9:47 am IST

Live Silver Rates Today: Spot Silver Climbs 1%

Spot silver gained by over 1.1% to trade above .27 per ounce. As per Trading Economics, investors also turned their focus to a packed week of US labor market data, highlighted by Friday’s closely watched monthly jobs report. Last week, the Federal Reserve left interest rates unchanged, although three officials dissented, warning that delaying action for too long could eventually require more aggressive policy tightening. Markets are currently pricing in about a 68% chance of a 25 basis point Fed rate hike in September.

Aug 03, 2026, 9:46 am IST

Live Gold Rates Today: Spot Gold Climbs 1%

Sold climbed above ,050 an ounce on Monday, recovering losses from the previous session after President Donald Trump said peace talks with Iran will resume today, sending oil prices lower and easing concerns over inflation and the interest rate outlook. Trump said key Middle Eastern allies, including Saudi Arabia, urged him to suspend planned strikes and pursue a diplomatic agreement instead, while reiterating his call for the swift reopening of the Strait of Hormuz, as per Trading Economics.