Gold Rates & Silver Rates Today (14-05-2026) Live Updates: MCX Gold Price Up 0.5%, Silver Price Falls 1%

Gold rates and silver rates in India traded on a mixed note in the early deals of May 14. MCX gold price surged by at least 0.5% to trade near Rs 1.63 lakh per 10 grams. On the other hand, MCX silver dropped by nearly 1% to trade around Rs 2,98,500 per 1Kg. This comes after MCX gold and silver recorded one of the strongest single-day surges of 2026 yesterday due to the import duty hike from 6% to 15%. However, the international market continues to be under pressure as rising US inflation heightens expectations of rate hikes from US Federal Reserve.

In the early trade, spot gold traded in the red to near $4,680 per ounce and spot silver dropped by 1% to trade near $86.8 per ounce. On the other hand, crude oil prices surged by over 1% each in US WTI and Brent Crude, which are trading above the 101 and 106 marks.

On Wednesday, the US wholesale inflation climbed in April at its fastest pace since 2022, driven by higher trade and energy costs that is linked to the current war with Iran in Middle East. This comes after US consumer inflation soared to 3.8% last month, which is highest reading since May 2023.

Investors have now fully ruled out a Fed rate cut this year, while increasingly expect a greater likelihood of another rate hike before year-end. Although gold is traditionally viewed as a hedge against inflation, higher interest rates tend to pressure the non-yielding asset. Meanwhile, markets are also closely watching President Trump's visit to China for signs of progress on the fragile trade truce and developments surrounding the Iran conflict, as per Trading Economics.

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May 14, 2026, 10:19 am IST

Silver Rates Today Live Updates: Spot Silver Struggles At 87

Spot silver traded in a narrow range, leaning towards bears after hitting 88 mark in the early trade of May 14, which is the highest level in two months. Currently, silver is down by 0.31% to trade around 87.18 per ounce. As per Trading Economics, the metal, widely used in electronics, solar panels, and other industrial applications due to its high electrical conductivity, also serves as a traditional investment asset alongside gold.

May 14, 2026, 10:17 am IST

Gold Rates Today Live Updates: Spot Gold Trade Above ,700

Spot gold has been trading volatile since higher than expected US inflation data for April to 3.8%, which is the highest reading since May 2023. This has reinforced the expectations of rate hikes from US Federal Reserve. Spot gold currently traded a little over ,700 per ounce with nearly 0.4% upside.

May 14, 2026, 10:15 am IST

Silver Rates Today Live Updates: MCX Silver Falls By 1%

Unlike gold, MCX silver traded under pressure and tracked the downward trend in spot silver. At the time of writing, MCX silver traded at Rs 2,98,500 per 1Kg, down by Rs 1,738 or 0.6%. The silver is near its day's high to Rs 2,99,000 per Kg. Yesterday, MCX silver had reclaimed above Rs 3.01 lakh mark before correcting. The bull trend in previous session was due to hike in customs duty of silver to 15% from 6%.

May 14, 2026, 10:15 am IST

Gold Rates Today Live Updates: MCX Gold Surges

MCX gold price surged by nearly 0.5% or Rs 725 to trade at Rs 1,62,911 per 10 grams, which is closer to its intraday high of Rs 1,63,055 per 10 grams. Yesterday, MCX gold surged by more than Rs 11,000 or 6% to cross over Rs 1.64 lakh mark after import duty was hiked to 15% from 6%. Bullion has corrected from previous levels.