Gold Rates & Silver Rates Today (13-11-2026) LIVE: MCX Gold Rises Near Rs 1.37 Lakh Mark, Silver Falls Mildly

Gold rates and silver rates in India corrected significantly and traded volatile. On November 13, MCX gold gained and held around Rs 1.37 Lakh mark, while MCX silver traded in a narrow range to around Rs 1.78 Lakh mark. This performance tracks global bullion market where spot gold has surged 1% to hold around $3,900 mark and spot silver marginally up to breath above $50 per ounce.

On the other hand, crude oil prices are elevated with US WTI trading in the range of $88-89 per barrel and Brent crude rising above $96 per barrel mark. Natural gas prices are down 1% and gasoline slipped marginally.

Indian gold and silver prices are also impacted after the country's CPI inflation tops 6.09% in September, which is above RBI's upper target of 6% and highest level in 2-years. This indicates a further tightening of monetary policy and more rate hikes from RBI ahead, which makes gold less attractive as it is a non-yielding asset.

Meanwhile, in the global front, spot gold and spot silver are on the path for weekly losses due to stronger US dollar and treasury yields which is spurred due to expectation of rate hike from US Federal Reserve in December policy.

The shift in market sentiment followed hotter-than-expected US consumer inflation data and hawkish comments from Fed officials, with some policymakers suggesting that a larger 50-basis-point rate increase may be necessary to contain inflation. Markets are currently pricing in around an 85% probability of a 25 bps rate hike in December, as well as a 15% chance of a larger 50 bps increase. Traders are also increasingly anticipating additional rate hikes next year. Meanwhile, gold faced further downward pressure from recovering oil prices after President Donald Trump stated that the US no longer needs a deal with Iran, as per Trading Economics. {live-blog}