Gold Rates & Silver Rates Today LIVE: MCX Gold Falls Rs 1,150, Silver Price Crashes Rs 3,250 After COMEX Slips

Gold rates and silver rates in India crashed on July 7th, tracking weak global trends. MCX gold price plunged by at least Rs 1,150 to hit an intraday low of RS 1,45,767 per 10 grams, while MCX silver price crashed by Rs 3,250 to hit an intraday low of Rs 2,35,317 per 1Kg.

Spot gold continues to trade in red and below $4,160 per ounce, slipping from a 2-week high. Meanwhile, spot silver is also down and trades below $62 per ounce. Precious metals are trading lower due to uptrend in dollar.

Notably, the decline was limited in gold and silver after a weaker-than-expected US jobs report cooled rate hike expectations.

Last week's data revealed a significant slowdown in US job growth in June, along with downward revisions for the previous two months, prompting markets to dial back near-term rate hike bets. Meanwhile, oil prices edged lower as recovering energy flows through the Strait of Hormuz and the prospect of increased OPEC+ supply raised concerns about a potential glut. Investors now await the Fed's meeting minutes, due Wednesday, with markets pricing in over a 50% chance of a September rate hike. JPMorgan noted in a Friday report that demand from key sectors may not be as strong as previously expected, capping gold's rise to $4,300 an ounce in Q3 and $4,500 in Q4, as per Trading Economics.

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Jul 07, 2026, 10:24 am IST

Live Gold Rates Today: Kalyan Jewellers Share Price Fall 9%

Kalyan Jewellers' share price crashed at least 9% on July 7th despite posting strong growth in its Q1 update for FY27. Investor sentiment was broadly volatile for gold stocks due to selloffs in gold and silver commodities. Hence, Kalyan faced the brunt. But Kalyan stated that the recently concluded Q1FY27 has been very satisfying, with consolidated revenue growth recording approximately 38% growth from the same quarter a year ago.

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Jul 07, 2026, 10:21 am IST

Live Silver Rates Today: MCX Silver Nosedives

MCX silver nosedived by Rs 3,249 or 1.4% to trade around Rs 2,32,850 per 1Kg, which is near the day's low of Rs 2,32,832 per 1Kg.

Jul 07, 2026, 10:19 am IST

Live Gold Rates Today: MCX Gold Is Bleeding

MCX gold price extended its losses to trade around Rs 1,45,771 per 10 grams, registering a sharp decline of Rs 1,146 or 0.8%. The bullion is near its intraday low of Rs 1,45,767 per 10 grams.

Jul 07, 2026, 9:48 am IST

Live Silver Rates Today: MCX Silver Underperforms Gold After Crashing By Rs 3,250

MCX silver price crashed by Rs 3,250 to hit an intraday low of Rs 2,35,317 per 1Kg in the early trade. However, the prices recovered slightly but continued to underperform gold. Currently, MCX silver is down 1%.

Jul 07, 2026, 9:48 am IST

Live Gold Rates Today: MCX Gold Falls Rs 1,150

MCX gold price dropped by Rs 1,150 to hit an intraday low of Rs 1,45,767 per 10 grams in the opening bell of July 7th. Gold is currently down by 0.52%.

Jul 07, 2026, 8:30 am IST

Live Stock Market Today: Chip Stocks Rally Drive Nasdaq, Nasdaq 100

Coming to tech-heavy indexes, the Nasdaq Composite surged by 288.49 points or 1.12% to close at 26,121.16, while the Nasdaq 100 index climbed by 368.66 points or 1.3% to finish at 29,697.87. Also, S&P 500 gained by 54.19 points or 0.72% to close around 7,537.43. The S&P 500 and Nasdaq Composite also advanced 0.72% and 1.12%, respectively, supported by strength in technology shares. Among the top gainers were Tesla (+6.7%), AMD (+6.6%), Meta Platforms (+3%), Broadcom (+3.7%), and Western Digital (+7.1%). In after-hours trading, Rivian plunged more than 9% after the electric vehicle maker launched a public offering of 75 million common shares, as per Trading Economics.

Jul 07, 2026, 8:29 am IST

Live Stock Market Today: US Dow Jones Hit New Record

The Dow Jones Industrial Average (DJIA) emerged as the star performer of Monday's trading session by hitting a new all-time high of 53,060.10. After the closing bell, the index stood at 53,055.91, with nearly 156 points gained. The drivers of the Dow Jones included Boeing, International Business Machines Corp., Goldman Sachs Group Inc., Alphabet Inc. Cl A, Cisco Systems Inc., JPMorgan Chase & Co., Apple Inc., and American Express Co. which rallied by 1% to 4%.

Jul 07, 2026, 7:32 am IST

Live Gold Rates Today: Spot Gold Drops Again

Spot gold dipped by nearly 0.6% to trade around $4,140 per ounce in the early hours of Tuesday, after starting the week volatile. Investors await for fresh clues from FOMC minutes.

Jul 07, 2026, 7:32 am IST

Live Gold Silver Rates Today: Market Awaits For FOMC Minutes

Market participants are now closely watching the release of the Federal Reserve's meeting minutes on Wednesday for further clues on the interest rate outlook, with markets currently pricing in more than a 50% probability of a rate hike in September.

Jul 07, 2026, 7:32 am IST

Live Silver Rates Today: Spot Silver Drops 1%

Silver prices declined more than 1% to trade below $62 per ounce on Monday, retreating from a two-week high as the US dollar strengthened. Despite the drop, losses remained limited after fresh data pointed to a slowdown in the US labour market, reducing expectations of an aggressive Federal Reserve rate hike.