Gold rates and silver rates in India dropped sharply on Tuesday due to weak performance in the international bullion market. As the sentiments soured, MCX gold price extended its decline by around 1% or Rs 1,000 to hit an intraday low of Rs 1.58 lakh per 10 grams. Meanwhile, MCX silver price was the worst hit with nearly Rs 5,066 or 1.83% drop to trade at Rs 2,71,650 per 1Kg, which is near its intraday low of Rs 2,71,580 per 1Kg.
Spot gold is down by nearly 1% to trade around $4,530 per ounce, while spot silver plunged by nearly 2% to trade below $77 per ounce. This is due to heightened uncertainty in the Middle East and inflationary risks, which have soured investors' sentiment for precious metals.
On the other hand, crude oil prices surged by nearly 1% each, with US WTI Crude oil trading near $92 per barrel and Brent Crude performing near $98 per barrel.
In the latest development in the West Asian war, the US military has struck missile launch sites and vessels in defence after reportedly suspecting Iran's attempt to deploy mines. Despite this, US President Donald Trump stated that although negotiations are yet to be finalized, talks with Tehran is progressing well. However, Trump warned that any additional attacks could lead to the end of any negotiations.
Spot Gold prices remain down nearly 15% since the conflict began, as fears of an energy-driven inflation shock reinforced expectations that central banks could maintain tighter monetary policy for longer. Still, the sharp decline in oil prices over the past week has helped ease concerns about inflationary pressures and further interest rate hikes, as per Trading Economics.
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May 26, 2026, 11:49 am IST
Oil Prices Today Live Updates: Brent Crude Rises
Brent crude climbed by 1% to trade over per barrel. Oil has recouped some losses as fresh US military operations in southern Iran and ongoing peace negotiations kept investors sentiment on edge.
May 26, 2026, 11:48 am IST
Oil Prices Today Live Updates: US WTI Crude Oil Jumps
US WTI Crude oil price climbed by 1% to trade around per barrel, recovering from its 6% crash yesterday. As per Trading Economics, The US and Iran are currently discussing a framework that would extend the ceasefire for roughly two months, during which Washington would lift its blockade while Tehran would reopen the Strait of Hormuz. Despite Tuesday’s rebound, oil prices are still down more than 10% over the past week amid growing optimism surrounding US-Iran negotiations.
May 26, 2026, 11:46 am IST
Oil Prices Today Live Updates: Why Crude Oil Prices Recovered From Yesterday's Crash?
Sentiment was driven by speculation that any interim arrangement could include a phased reopening of the Strait of Hormuz, including a proposed 30-day period for Iran to clear naval mines and facilitate the resumption of unrestricted tanker traffic. However, losses moderated in early Asian trade today after renewed US strikes on Iranian-linked vessels and missile infrastructure revived concerns that diplomatic progress could quickly unravel if regional tensions escalate further. Additional uncertainty emerged after Israel signaled plans to intensify operations against Hezbollah in Lebanon, while Tehran reportedly linked any broader understanding with Washington to reduced hostilities across the region.
May 26, 2026, 11:46 am IST
Gold Rates & Silver Rates Today Live Updates: What Has Pushed Precious Metals Down?
Sentiment has softened today after renewed military activity, including US Central Command strikes on Iranian-linked targets in southern Iran and reports of explosions near the Strait, reviving uncertainty around the timing and implementation of any deal: Kotak Neo.
May 26, 2026, 11:42 am IST
Gold Rates & Silver Rates Today Live Updates: MCX Gold & Silver Price Extends Fall
As the sentiments soured, MCX gold price extended its decline by around 1% or Rs 1,000 to hit an intraday low of Rs 1.58 lakh per 10 grams. Meanwhile, MCX silver price was the worst hit with nearly Rs 5,066 or 1.83% drop to trade at Rs 2,71,650 per 1Kg, which is near its intraday low of Rs 2,71,580 per 1Kg.
May 26, 2026, 9:46 am IST
Silver Rates Today Live Updates: MCX Silver Crashes In Early Trade
MCX Silver price for July 2026 expiry, dropped by Rs 3,753 or 1.4% to trade around Rs 2,72,963 per 1Kg. Silver is underperforming gold in a bearish market trend. Silver touched an intraday high and low of Rs 2,74,727 to Rs 2,72,720 per 1Kg in the opening bell.
May 26, 2026, 9:44 am IST
Gold Rates Today Live Updates: MCX Gold Falls On Weak Cues
MCX gold price plunged by Rs 753 or 0.5% to trade at Rs 1,58,328 per 10 grams, which is near its intraday low of Rs 1,58,311 per 10 grams. The bullion erased its yesterday's gains due to weak sentiment in global bullion market.
May 26, 2026, 9:13 am IST
Gold Rates & Silver Rates Today Live Updates: What Is Outlook For MCX Metals?
Gold traded with a mildly positive bias near ₹159250, gaining around ₹550, though strong rupee appreciation limited the upside in MCX bullion prices. COMEX gold rallied around 1.24% towards the 65 zone, while MCX Gold was up only around 0.36%, reflecting the impact of rupee strength on domestic prices. Optimism surrounding a possible US–Iran agreement and hopes of easing tensions in the Strait of Hormuz are continuing to support global bullion sentiment, while softer oil prices and a weaker dollar are also aiding international gold prices. Technically, gold support is seen near ₹158500, while immediate resistance remains around ₹160500: Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.
May 26, 2026, 9:12 am IST
Gold Rates & Silver Rates Today Live Updates: Spot Gold Down 15%, Silver Crashes 20% Since US-Israel-Iran Conflict
Spot gold has declined by nearly 15% and spot silver plunged by nearly 20% since the US-Israel-Iran conflict began. As per Trading Economics, this is due to fears of an energy-driven inflation shock reinforced expectations that central banks could maintain tighter monetary policy for longer. Still, the sharp decline in oil prices over the past week has helped ease concerns about inflationary pressures and further interest rate hikes.
May 26, 2026, 9:11 am IST
Gold Rates & Silver Rates Today Live Updates: Big News Of Middle East
The US military reportedly targeted missile launch sites and vessels suspected of attempting to deploy mines in southern Iran, with US Central Command saying the operations were aimed at protecting American troops in the region. Meanwhile, President Donald Trump said talks with Tehran were progressing well, though he warned that additional attacks could follow if negotiations broke down, as per Trading Economics.
May 26, 2026, 9:10 am IST
Silver Rates Today Live Updates: SPOT SILVER Drops 2%
Spot silver took the most hit on May 26, reversing from their previous gains. Silver is struggling between to per ounce, as negotiations between US-Iran continues to impact sentiments.
May 26, 2026, 9:09 am IST
Gold Rates Today Live Updates: Spot Gold Slips 1%
Spot gold slipped by nearly 1% to trade around ,530-4,540 per ounce, as investors turned cautious after new heightened tensions in Middle East.
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