Live

Gold & Silver Rates Today (20/07/2026) LIVE: MCX Gold Above Rs 1.42 Lakh, Silver Jumps 2% As Oil Prices Fall

Gold rates and silver rates in India surged on Monday, July 20, 2026, with MCX gold rising by 0.3% and MCX silver outperforming bullion with over 1% gains in the early trade. However, crude oil prices remained elevated with MCX crude surging nearly 3% as well.

Despite the latest uptrend, the bullion market is near its lowest levels in nine months due to escalation between the US and Iran that pushed both oil and the dollar higher.

On the global front, spot gold is trading mildly higher and near $4,020 per ounce, while spot silver soared 2% to trade near $57 per ounce. On the other hand, US WTI Crude Oil climbed 2.5% to trade near $85 per barrel and Brent Crude jumped nearly 3% to trade above $90 per barrel. Also, US dollar is down on Monday, but still near 101 mark.

The US military said it carried out fresh airstrikes against Iran on Sunday following the deaths of three American service members, while Tehran declared that its ceasefire with the US had effectively collapsed and said it intercepted four vessels transiting the Strait of Hormuz over the weekend. Oil prices have now surged about 30% from their July lows, raising the risk that central banks may tighten monetary policy to contain inflation. Meanwhile, Cleveland Fed President Beth Hammack on Friday joined a growing number of Fed officials warning about persistent inflation. Markets are now pricing in about a 53% chance of a Fed rate hike in September, up from 47% a day earlier, as per Trading Economics.

LIVE Feed

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+