Gold Rates & Silver Rates Today (15/10/2026): Spot Gold, Silver Price Jump 1% As Oil Prices Halt 5-Days Rally

Gold rates and silver rates in India are likely to be volatile after US CPI inflation came in higher than expected to 3.7%. However, the buying trend was witnessed in the global bullion market after crude oil prices halted their 5-days gaining spree, which might lift domestic precious metals.

Spot gold is up by 1% to trade above $4,140 per ounce, while spot silver surged by 1% to trade above $56 per ounce. On the other hand, crude oil prices plunged by 1-2%, with US WTI Crude oil trading near $94 per barrel and Brent Crude holding a little over $104 per barrel.

However, US inflation came in at 3.7% in September 2026, higher than the street estimate of 3.6% and above 3.4% of the previous month. The reason was the higher energy prices, with gasoline rising by 34.2% YoY and fuel oil prices surging by 74.2%. The elevated inflationary pressure brings back the possibility of aggressive rate hikes from US Federal Reserve.

Federal Reserve Bank of Chicago President Austan Goolsbee described the figures as "discouraging" and cautioned that the rapid expansion of artificial intelligence infrastructure could also be overheating the economy. Meanwhile, San Francisco Fed President Mary Daly indicated that the central bank may need to raise short-term interest rates further, although she saw no immediate need for a rate hike at this month's meeting, as per Trading Economics.

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Oct 15, 2026, 8:32 am IST

Live Gold Rates Today: Spot Gold Jumps 1.3%

Spot gold price climbed by 1.32% to trade near $4,160 per ounce after crude oil prices halted their 5-consecutive days gaining spree. This is despite US CPI inflation coming in higher than expected, reinstating the chances of aggressive rate hikes.

Oct 15, 2026, 8:32 am IST

Live Silver Rates Today: Spot Silver Climbs Above $56 Per Ounce

Spot silver rallied by 1.3% to trade above $56.3 per ounce owing to decline in crude oil prices, correction in US dollar and treasury yield.

Oct 15, 2026, 8:32 am IST

Live Gold Silver Rates Today: US CPI Rises Above Estimates

The US annual inflation rate accelerated to 3.7% in September 2026, up from 3.4% in each of the previous two months and above market expectations of 3.6%, driven by higher energy prices. Gasoline rose 34.2% yoy, more than 27.4% in August and fuel oil prices increased 74.2%, compared with 52% previously. Inflation also accelerated for shelter, to 3.2% from 3%, but slowed for food to 2.5% from 2.7%. On a monthly basis, the CPI went up 0.6%, marking its largest gain in five months, compared to 0.4% in August and in line with forecasts. Gasoline jumped 9.1%, accounting for over half of the monthly all items increase. Recreation, used cars and trucks, education, airline fares, medical care, and apparel also went up while food prices steadied and communication declined. Meanwhile, annual core inflation rate went up to 2.6% from 2.4%, more than forecasts of 2.5% while monthly core CPI inflation steadied at 0.3%, the same as in August and defying forecasts it would slow to 0.2%, as per Trading Economics.