Gold & Silver Rates Today (13-08-2026) LIVE: Crash Deepens! MCX Gold Falls Rs 1,700, Silver Drops Rs 2,700

Gold rates and silver rates in India traded under pressure in the early hours of August 13, 2026. MCX gold price plunged nearly Rs 500 to trade below Rs 1.55 lakh per 10 grams mark, while MCX silver dropped nearly Rs 1,300 to struggle around Rs 2.37 lakh per 1Kg mark. This is despite softer-than-expected US CPI inflation data for July, which nullifies the rate hike scenario from US Federal Reserve in the upcoming September policy.

Precious metals in India witnessed selloffs after spot gold erased its $4,400 mark and struggled with a cautious tone. Spot silver is also down to trade around $65 per ounce. The market is cautious, and they now predict a 40% chance for a 25 basis points rate hike in September policy, compared to the earlier 50% probability.

Gold and silver are trading lower despite the decline in crude oil prices. US WTI crude is struggling below $83 per barrel, and Brent crude is under $89 per barrel.

What is interesting to watch is that commodities across the board are under pressure.

Data released Wednesday showed US consumer inflation slowed for a second consecutive month to 3.4% in July, while rising just 0.1% from the previous month. Investors now await producer inflation data due later in the global day for further clues on the trajectory of price pressures. Markets now see around a 40% chance of a 25 basis point rate hike from the Fed in September, down from nearly 50% a day earlier. Gold also drew support from a pullback in oil prices as investors assessed the prospects of a deal to reopen the Strait of Hormuz. However, escalating rhetoric between the US and Iran amid deadlocked negotiations reduced the likelihood of an imminent agreement, as per Trading Economics.

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Aug 13, 2026, 1:08 pm IST

Live Gold Rates Today: Spot Gold Drops Sharply

Spot gold has dropped nearly 1% to trade around $4,373 per ounce, after hitting a ten-week high. As per Trading Economics, investors adopted a cautious stance ahead of US producer inflation data for further insights on recent price trends. Data released Wednesday showed US consumer inflation eased for a second consecutive month to 3.4% in July, while increasing just 0.1% from the previous month. Markets now see around a 40% chance of a 25 basis point rate hike from the Federal Reserve in September, down from nearly 50% a day earlier.

Aug 13, 2026, 1:08 pm IST

Live Silver Rates Today: Spot Silver Down 1%

Spot silver plunged nearly 1% to trade below $65 mark. As per Trading Economics, precious metals also remained under pressure from elevated oil prices as hopes for a deal to reopen the Strait of Hormuz stayed limited. Escalating rhetoric between the US and Iran amid stalled negotiations further reduced expectations for an imminent agreement.

Aug 13, 2026, 1:07 pm IST

Live Oil Prices Today: US WTI Crude Under Pressure

Crude oil slipped below $83 per barrel on Thursday, pausing after a five-day advance as investors assessed the prospects of any deal to reopen the Strait of Hormuz. President Donald Trump said the US had “total control” over the waterway amid escalating rhetoric between Washington and Tehran, with negotiations remaining deadlocked. The Trump administration is also moving toward imposing greater economic pressure on Iran as the US military campaign has so far failed to force the regime to capitulate, as per Trading Economics. Currently, WTI is down 1%.

Aug 13, 2026, 1:07 pm IST

Live Oil Prices Today: Brent Crude Falls Over 1%

Brent weakened below $89 per barrel on Thursday, pausing after a six-day advance as investors assessed the prospects of any deal to reopen the Strait of Hormuz. President Donald Trump said the US had “total control” over the waterway amid escalating rhetoric between Washington and Tehran, with negotiations remaining deadlocked, as per Trading Economics. At the time of writing, Brent Crude is down by 1% to struggle at $88 per barrel.

Aug 13, 2026, 1:01 pm IST

Live Gold Silver Rates Today: MCX Gold, Silver Price Extend Losses

MCX gold price extended its fall by Rs 1,300 to trade around Rs 1,53,950 per 10 grams, while MCX silver crashed by Rs 2,700 to trade around Rs 2.35 lakh per 1Kg.

Aug 13, 2026, 10:19 am IST

Live Gold Silver Rates Today: All Commodities In Red

At MCX, the entire commodity market was in trading in red. Zinc, natural gas and silver took the worst hit with 0.5% to 1% decline. While crude oil, lead, copper and gold traded marginally lower.

Aug 13, 2026, 10:19 am IST

Live Silver Rates Today: MCX Silver Price Drops Harder

Unlike gold, MCX silver falls harder by Rs 1,235 to trade around Rs 2,36,600 per 1Kg, which is near its intraday low of Rs 2,36,138 per 1Kg. However, in the early trade, MCX silver had touched an intraday high of Rs 2.38 lakh mark.

Aug 13, 2026, 10:19 am IST

Live Gold Rates Today: MCX Gold Falls

MCX gold price traded lower by Rs 379 or 0.24% to around Rs 1,54,503 per 10 grams. In the opening bell, the bullion touched an intraday high of Rs 1,55,145 per 10 grams and also an intraday low of Rs 1,54,250 per 10 grams. Currently, the tone of MCX gold is cautiously volatile.