Gold, Silver Rates Today (13-6-2026) LIVE: Gold Falls for 2nd Week, Silver for 5th; 24K, 22K, 18K Gold Prices

Gold rates and silver rates in India recorded a volatile week, although MCX gold managed to reach around Rs 1.50 lakh mark and MCX silver gained over Rs 2.46 lakh yesterday. Despite spot gold retreating over $4,200 per ounce, the bullion has witnessed its second weekly decline. On the other hand, spot silver performed the worst by recording its fifth weekly decline but managed to hold above $67 per ounce mark.

Investors are optimistic of a peace deal between US and Iran which could calm the situation in Middle East, further ease inflationary woes and might reduce the trajectory of rates hike.

US President Donald Trump suggested a deal could be reached as early as this weekend, though Tehran has yet to confirm a final decision. Since the Iran conflict began, silver has come under pressure amid concerns that surging energy costs could push inflation higher, reinforcing expectations that central banks will keep interest rates elevated. The European Central Bank raised interest rates on Thursday for the first time since 2023 and upwardly revised its inflation forecasts for 2026 and 2027. Additionally, US producer prices climbed 6.5% year-over-year in May, highlighting the inflationary impact of the Middle East energy shock and strengthening expectations of a Federal Reserve rate hike this year, as per Trading Economics.

Yesterday, crude oil prices plunged by 3-4% with Brent Crude staying around $87 per barrel and US WTI Crude Oil futures below $85 per barrel. US dollar also pulled away from its 100 mark due to buying trend in safe haven assets.

LIVE Feed

Jun 13, 2026, 9:33 am IST

Oil Prices Today Live: Brent Crude Declines 6% This Week

Brent crude declined by 3.4% yesterday to reach near .33 per barrel. However, Brent has witnessed approximately 6% decline for the overall week. As per Trading Economics, a Trump administration official said there is an 80% chance of a deal being signed soon, with the agreement potentially involving the reopening of Hormuz, removal of the naval blockade, dismantling of Iran’s nuclear program and economic incentives if Tehran complies. However, conflicting reports emerged after Iranian media published a draft proposal suggesting different terms, including US force withdrawals and reconstruction funding. President Trump said it did not reflect the agreed terms. Pakistan’s Prime Minister said a final text had been reached, while Iran’s foreign minister said an understanding was closer than ever but urged caution until finalized.

Jun 13, 2026, 9:30 am IST

Oil Prices Today Live: US WTI Crude Oil Futures Fall Over 3%

US WTI Crude Oil futures plunged by 3.23% to close the week around .88 per ounce. Crude dropped as expectations of a peace deal between US and Iran heightened hopes of reopening of Strait of Hormuz. However, officials have warned that a deal is not guaranteed. As per Trading Economics, Oil Prices declined about 6% this week but remain more than 20% higher since the US and Israel launched attacks on Iran on February 28. A Trump administration official said there is an 80% chance of a deal being signed soon, with the agreement potentially involving the reopening of Hormuz, removal of the naval blockade, dismantling of Iran’s nuclear program and economic incentives if Tehran complies.

Jun 13, 2026, 8:33 am IST

Live Silver Rates Today: Spot Silver Records 5th Weekly Decline

Silver traded at per ounce on Friday, heading for a fifth consecutive weekly decline, as investors balanced growing optimism over a potential US-Iran peace deal against mounting expectations of higher interest rates, as per Trading Economics.

Jun 13, 2026, 8:32 am IST

Live Gold Rates Today: Spot Gold Records Second Weekly Decline

Gold traded around ,200 per ounce on Friday, as oil prices fell on growing optimism for a US-Iran peace deal. However, bullion remained on track for a second consecutive weekly decline due to expectations of higher interest rates. US President Donald Trump suggested a deal could be reached as early as this weekend, though Tehran stated no final decision had been made. Since the Iran conflict began, gold has faced pressure amid concerns that surging energy costs could drive inflation higher, reinforcing expectations that central banks will maintain elevated interest rates, as per Trading Economics.