Gold & Silver Rates Today (17-06-2026) Live: MCX Gold Falls Below Rs 1.53 Lakh, Silver Erases Rs 2.50 Lac Mark

Gold rates and silver rates in India are cautiously bearish, following the trend of the global market ahead of US Federal Reserve's June policy rates decision on Wednesday. MCX gold price dropped below Rs 1.53 lakh and MCX silver erased Rs 2.50 lakh mark. Both precious metals are trading marginally lower. Spot gold surged by at least 0.5% to trade near $4,350 per ounce, while spot silver gained by 1% to trade above $70 per ounce.

Investors also await the signing of peace agreement between US and Iran that could put an end to the prolonged conflict and reopen Strait of Hormuz. However, tensions in the Middle East persists as Israel refuses to pullback its defense forces from Lebanon and Gaza. Iran has warned that further attacks from Israel on Lebanon could jeopardize the peace agreement; however, Israel firmly states their goals in Lebanon will not end even if US-Iran sign peace deal.

US and Iran are going to sign the much-awaited agreement on June 19 in Switzerland.

Market participants also turned their attention to the Federal Reserve's upcoming policy decision, where officials are widely expected to leave interest rates unchanged. The meeting will be the first chaired by Kevin Warsh, though he is not expected to submit a "dot" to the FOMC's quarterly rate projections. Earlier this week, the Reserve Bank of Australia left its benchmark interest rate unchanged at 4.35%, while the Bank of Japan raised its policy rate by 25 basis points to 1%, as per Trading Economics.

LIVE Feed

Jun 17, 2026, 9:49 am IST

Live Gold Rates Today: MCX Gold Falls After 2-Days Uptrend

MCX gold price plunged marginally by Rs 571 or 0.4% to trade around Rs 1,52,520 per 10 grams, which is near the intraday low of Rs 1,52,460 per 10 grams.

Jun 17, 2026, 9:49 am IST

Live Silver Rates Today: MCX Silver Plunges Below Rs 2.50 Lakh

MCX silver erased its Rs 2.50 lakh mark and traded lower by Rs 572 or 0.23% to around Rs 2,49,533 per 1Kg. This is near its intraday low of Rs 2,49,241 per 1Kg.

Jun 17, 2026, 9:49 am IST

Live Crude Oil Prices Today: MCX Crude Falls Too

MCX crude oil slipped by over 0.5% or Rs 39 to trade at Rs 7,136 per barrel. Crude ranged between Rs 7,050 to RS 7,243 per barrel so far.

Jun 17, 2026, 8:58 am IST

Live Gold Silver Rates Today: Technical Outlook For Gold & Silver Rates Today

Technically, 00 remains a major resistance level for COMEX Gold, while support continues to hold at lower levels. For the near term, COMEX Gold is expected to trade within a broad range of 00–50, while MCX Gold is likely to remain within ₹151500–₹155000. Market participants will also keep an eye on developments surrounding the ongoing US-Iran negotiations, which remain an important driver for bullion sentiment: Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Jun 17, 2026, 8:58 am IST

Live Gold Silver Rates Today: What Will Impact Precious Metals Today?

The market's primary focus now shifts to the Federal Reserve policy decision, where both the policy statement and the Fed's outlook on inflation and interest rates will be closely monitored. Any indication regarding the future rate path could significantly influence gold prices and the dollar: Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Jun 17, 2026, 8:11 am IST

Live Gold Silver Rates Today: Will Fed Hike Rates Today?

Many central banks have started to hike their policy rates due to inflationary pressures owing to Middle East conflict. As per Trading Economics, market participants also turned their attention to the Federal Reserve’s upcoming policy decision, where officials are widely expected to leave interest rates unchanged. The meeting will be the first chaired by Kevin Warsh, though he is not expected to submit a "dot" to the FOMC’s quarterly rate projections. Earlier this week, the Reserve Bank of Australia left its benchmark interest rate unchanged at 4.35%, while the Bank of Japan raised its policy rate by 25 basis points to 1%.

Jun 17, 2026, 8:11 am IST

Live Gold Silver Rates Today: Fed Policy Outcomes Today

US Federal Reserve will announce the June 2026 monetary policy outcomes late at night on Wednesday in IST. Majority are expecting between status quo to rate hike scenario. This will be Kevin Warsh's first Fed policy as chief and his statement will be awaited to navigate future rate hikes trajectory.

Jun 17, 2026, 8:11 am IST

Live Silver Rates Today: Spot Silver Jumps 1%

Spot silver gained by nearly 1% to trade above per ounce. So far this week, the precious metal has zoomed by 3%.

Jun 17, 2026, 8:11 am IST

Live Gold Rates Today: Spot Gold Rises

Spot gold price gained by over 0.2% to trade around ,340 per ounce. This is the second consecutive day where spot gold held ,300 mark. Currently, the bullion is higher by 2% overall this week. The major driver today will be geopolitical trends and upcoming Fed policy outcomes.