Gold Rates & Silver Rates Today (20-04-2026) Live Updates: MCX Gold Falls 1%, Silver Price Crashes By Rs 5,100

Gold rates and silver rates in India crashed sharply amidst weak global cues in the opening bell of Monday, April 20. MCX gold price dropped by more than 1% to hit below Rs 1.53 lakh, while MCX silver price crashed by 2% or by over Rs 4,500 to struggle around Rs 2.52 lakh mark.

The steep selling pressure appeared after spot gold price dropped by 1% and erased its $4,800 mark, retreating from previous week's gains. Spot silver is also down 1% to trade below $80. The reason is the renewed hostilities in the Strait of Hormuz, which has brought back inflationary pressure fear and supported crude oil prices to jump back from their previous week's losses.

Brent Crude is up by 5-6% to trade above $95 mark and US WTI Crude rose by 6-7% to near $90 per barrel. Meanwhile, US dollar index climbed to 98.3 mark, after last week's losses.

In the latest escalation, President Donald Trump said the US Navy fired on and seized an Iranian-flagged cargo vessel in the Gulf of Oman after it ignored warnings to halt while departing Hormuz. Tehran also targeted ships and reasserted control over the Strait, arguing that the US blockade on Iran-linked vessels breached the ceasefire agreement. Meanwhile, Trump indicated there was still an opportunity for a deal ahead of another round of talks in Pakistan, although Iran sees little prospect for an agreement. The prolonged conflict has sparked a historic energy supply shock, heightening inflation risks and raising the likelihood of further central bank rate hikes, which weighed on gold, as per Trading Economics.

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Apr 20, 2026, 9:58 am IST

Silver Rates Today Live: MCX Silver To Remain Under Pressure?

MCX Silver opened with a mild gap down and is currently hovering above ₹2,52,000, with safe-haven demand and strength in industrial metals offering only limited support amid elevated volatility, as geopolitical tensions continue to weigh on sentiment. 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: Ponmudi R, CEO of Enrich Money.

Apr 20, 2026, 9:58 am IST

Silver Rates Today Live: COMEX Silver Outlook

Silver is trading above level, reflecting a gradually weakening undertone, with price action showing limited strength amid persistent volatility driven by geopolitical tensions. 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 20, 2026, 9:58 am IST

Gold Rates Today Live: MCX Gold Struggles, Outlook Ahead

MCX Gold opened with a mild gap down but is holding above ₹1,52,000 level with emerging buying interest at lower levels. 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 cautious, with macro factors offering limited support; however, failure to break above resistance levels may keep momentum weak and tilt the trend further to the downside: Ponmudi R, CEO of Enrich Money.

Apr 20, 2026, 9:58 am IST

Gold Rates Today Live: COMEX Gold Outlook Ahead

COMEX Gold opened with a mild gap down and is now hovering above ,800 range, holding above key moving averages, though buying interest is emerging at lower levels, it still requires confirmation. 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.

Apr 20, 2026, 9:56 am IST

Silver Price Today Live Updates: MCX Silver Crashes By Over Rs 5,000

MCX silver price dropped by more than Rs 5,042 or 1.96% to trade at Rs 2,52,100 per 1Kg. Silver is near its intraday low of Rs 2,52,016 per 1Kg.

Apr 20, 2026, 9:54 am IST

Gold Rates Today Live: MCX Gold Falls By 1%

MCX Gold price with June 2026 expiry, dropped by more than 1% or Rs 1,563 to trade around Rs 1,53,046 per 10 grams. In the early trade, MCX gold had plunged to an intraday low of Rs 1,52, 829 per 10 grams.