Gold & Silver Rates Today (15-04-2026) Live: MCX Gold Sees Mild Dip, Silver Reclaims Rs 2.51 Lakh In Evening

Gold rates and silver rates in India traded mixed at the opening bell, despite global prices continuing to witness sharp buying momentum on April 15, with the spot gold price reaching near $4,850 per ounce. Meanwhile, the silver rate has climbed near $81 per ounce. There are three reasons as to why gold and silver prices are seeing a strong uptrend. Firstly, it is the hope of a renegotiation between US and Iran which eases fear of energy-led inflationary pressure. Second is the massive crash in oil prices, which has reached near $90 per barrel. And third would be the US dollar, which has reached a near six-week low.

Spot gold gained by 0.21% to trade around $4,852.01 per ounce, at the time of writing. But in the early trade of April 15, COMEX has touched $4,871.51 per ounce intraday high. In the early trade of April 15, spot silver touched an intraday high of $81.0215 per ounce. And currently, this silver is trading at $80.8675 per ounce, which is up by 1.6%.

Meanwhile, MCX gold price traded sideways to hold around Rs 1,54,700 level. On the other hand, MCX silver price gained nearly 1% to trade near Rs 2.55 lakh mark.

Among major reasons for sentiments in precious metals is the US crude oil prices which has crashed towards $90 per barrel. Currently, US WTI and Brent Crude is trading around $90.5 per barrel and $94.5 per barrel respectively. Also, finally, the US dollar has touched a six-week low due to possibility of diplomatic solution between US and Iran. It is currently around $98. US dollar has nearly wiped out its gains from when the war exploded on February 28.

As of now, US Federal Reserve is expected to keep rates unchanged for the entire year, while rate cuts are now expected in 2027, depending on oil prices and inflation.

The US is continuing its naval blockade of Iranian oil exports in the Strait of Hormuz, while Iran is considering a temporary suspension of shipments through the route to help advance a potential agreement, as per Trading Economics data.

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