Gold Rates & Silver Rates Today (19-05-2026) Live: MCX Gold Outperforms To Near Rs 1.6 Lakh Mark, Silver Down

Gold rates and silver rates in India showed a mixed trend on May 19. Firstly, MCX gold price surged to cross Rs 1.59 lakh mark after hitting an intraday high of Rs 1,59,899 per 10 grams in the opening bell. However, MCX silver price dropped to hit an intraday low of Rs 2,75,221 per 1Kg.

The tension in safe haven assets is despite decline in crude oil prices by 2% after US President Donald Trump delayed fresh attacks on Iran and stated that there was a good chance of a nuclear deal with Iran. The US main agenda is that Iran agrees to give up on making any nuclear weapons. However, this could not drive international bullion prices.

Spot gold traded lower and struggled around $4,550 per ounce on Tuesday, while spot silver dropped by 2% to trade around $76 per ounce. This is because the hawkish macro scenario has erased all hopes of rate cuts from US Federal Reserve as inflationary pressure heightened.

Rising US inflation has also prompted traders to scale back expectations for Federal Reserve rate cuts this year, while increasing speculation that the Fed could even raise rates before year-end. Investors are now awaiting the latest FOMC minutes and flash US PMI readings for further signals on the outlook for monetary policy and economic conditions, as per Trading Economics.

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May 19, 2026, 12:05 pm IST

Gold Rates & Silver Rates Today Live Updates: What Is Impacting Precious Metals

Gold prices experienced a slight uptick today, trading at approximately ₹1,45,113 per 10 grams (25.20/oz), as investors navigated the complex landscape of U.S.-Iran relations while awaiting key inflation data from the U.S. Silver also saw a rise, priced at around ₹2,65,875 per kg (.58/oz), reflecting ongoing safe-haven demand amid geopolitical tensions. Crude oil prices climbed to ₹9,451 per barrel (.94/bbl), driven by concerns over inflation and the potential for prolonged high interest rates, which have historically impacted precious metals. The recent volatility in gold and silver markets can be attributed to a mix of geopolitical risks and technical trading patterns, with investors balancing these factors against expectations of forthcoming economic data: Gaurav Garg, research analyst at Lemonn markets desk.

May 19, 2026, 12:05 pm IST

Silver Rates Today Live Updates: Spot Silver Dropped 2%

Spot silver price plunged by 2% to trade around per ounce, reversing gains from the previous session as heightened uncertainty in the Middle East and persistent inflation concerns weighed on sentiment. Markets reacted cautiously to President Donald Trump’s remarks hinting at possible progress toward a peace agreement with Iran, with investors remaining skeptical that a resolution to the crisis was near, as per Trading Economics.

May 19, 2026, 12:04 pm IST

Gold Rates Today Live Updates: Spot Gold Drops 0.4%

Spot gold is trading under pressure at ,546 per ounce, down by 0.4%. The comex could not pull gains even after US President Donald Trump halted fresh attacks on Iran and stated of a good chance for a peace deal. Iran is returning to negotiations. As per Trading Economics, Rising US inflation has also prompted traders to scale back expectations for Federal Reserve rate cuts this year, while increasing speculation that the Fed could even raise rates before year-end. Investors are now awaiting the latest FOMC minutes and flash US PMI readings for further signals on the outlook for monetary policy and economic conditions.

May 19, 2026, 11:58 am IST

Silver Rates Today Live Updates: MCX Silver Drops By Rs 1,151

MCX silver underperformed gold rate. At the time of writing, MCX silver dropped by Rs 1,151 or 0.42% to trade at Rs 2,75,500 per 1Kg. This precious metal had touched an intraday low of Rs 2,73,300 per 1Kg in the early trade.

May 19, 2026, 11:56 am IST

Gold Rates Today Live Updates: MCX Gold Races For Rs 1.60 Lakh

MCX gold price traded higher by Rs 389 or 0.24% to Rs 1,59,790 per 10 grams, which is near its intraday high of Rs 1,59,899 per 10 grams. MCX gold is up despite decline in international bullion price and cooling in crude oil. That being said, MCX gold is moving closer to Rs 1.60 lakh mark.