Gold Rates & Silver Rates Today (17-05-2026) Live: MCX Gold Volatile, Silver Price Up; 24K, 22K, 18K Gold

Gold rates and silver rates in India witnessed a mixed movement despite Israel and Lebanon agreeing to a 10-days ceasefire agreement. Also, hopes of second round of negotiations between US and Iran has kept precious metals on the uptrend. Spot gold stayed near $4,800 per ounce, and is on track for fourth consecutive weekly gains.

Meanwhile, spot silver is near $79 per ounce with nearly 1% upside.

However, at MCX, gold futures traded volatile to above Rs 1.53 lakh mark in 10 grams. Meanwhile, MCX silver futures surged nearly 0.6% to trade above Rs 2.50 lakh per 1Kg mark.

Coming to crude oil prices, US WTI crude dropped by 1.3% to trade around $93 per barrel and Brent Crude plunged by 1.31% to trade around $98 per barrel, which added to upside in precious metals. On the other hand, US dollar has stabilized around 98 mark.

Investors are hopeful of a permanent ceasefire agreement between US and Iran, which is expected to ease the energy crisis and concerns of inflationary pressure. The prospect of central bank rate hikes would also dim accordingly.

President Donald Trump said Tehran had agreed to terms including abandoning ambitions for a nuclear weapon, supplying "free oil," and reopening the Strait of Hormuz, although Iranian officials have yet to verify these claims. Despite this, the Strait of Hormuz remains effectively closed under a dual blockade, while IMF Executive Director Fatih Birol cautioned that restoring a meaningful portion of disrupted oil and gas output could take up to two years. Gold is set to rise by about 1% this week and remains roughly 17% above its March low, as per Trading Economics.

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Apr 17, 2026, 10:33 am IST

Silver Rates Today Live: Will MCX Silver Price Hit Rs 2.60 Lakh Today?

MCX Silver is currently hovering above ₹2,50,000, with safe-haven demand and strength in industrial metals providing underlying support despite elevated volatility. Resistance is placed at ₹2,55,000–₹2,60,000, with further upside toward ₹2,68,000–₹2,70,000. A sustained move above these levels could strengthen momentum and support further gains. On the downside, a break below ₹2,48,000 may lead to a corrective move toward the ₹2,44,000–₹2,40,000 range. Overall, the tone remains cautious, with macro factors offering support, though momentum is still developing and requires confirmation for a sustained uptrend: Ponmudi R, CEO of Enrich Money.

Apr 17, 2026, 10:33 am IST

Gold Rates Today Live: Will MCX Gold Price Hold Rs 1.55 Lakh Mark Today?

MCX Gold opened on a steady note and is trading above ₹1,53,000 level with emerging buying interest at lower levels, though momentum remains gradual and requires confirmation. A sustained move above ₹1,55,000 could revive momentum toward ₹1,57,000-₹1,58,000. On the downside, a break below ₹1,52,500 may lead to a corrective move toward ₹1,51,000-₹1,50,000 and further to ₹1,48,000. The bias remains cautiously positive, with macro factors offering some support; however, a decisive move above resistance levels is needed to strengthen momentum further: Ponmudi R, CEO of Enrich Money.

Apr 17, 2026, 10:33 am IST

Silver Rates Today Live: Spot Silver Trading Predictions

Silver is consolidating within the - level, reflecting a gradually improving undertone, with a cautious undertone, as price action shows only gradual improvement amid persistent volatility driven by global factors. A sustained move above may help strengthen momentum and extend prices toward the – range. However, a break below could still trigger downside pressure toward the – zone with stronger support at –: Ponmudi R, CEO of Enrich Money.

Apr 17, 2026, 10:33 am IST

Gold Rates Today Live: Spot Gold Price Outlook

COMEX Gold is consolidating between ,780–,850 range, holding above key moving averages. with a gradual improvement in momentum though the undertone remains cautious. A decisive break below ,800 could lead to some weakness toward ,720–,700 and further to ,650–,600. On the upside, a sustained move above ,900 may strengthen momentum and push prices toward ,970–,000, with potential extension to ,100. Overall, the structure remains cautious, with support levels holding firm, while further upside depends on a decisive breakout above resistance levels: Ponmudi R, CEO of Enrich Money.