Gold rates and silver rates in india will focus on the upcoming US Federal Reserve policy outcomes next week, which will set the tone for the global bullion market. On Sunday, gold prices are unchanged, with 24-carat gold holding above Rs 1.44 lakh per 10 grams mark. While 22-carat and 18-carat gold prices neared the Rs 1.33 lakh and Rs 1.09 lakh marks. The probability of a rate hike from the Fed has reached 34% next week, and the likelihood of a rate hike in September policy reached to 80%.
MCX gold price closed last week at Rs 1,43,066 per 10 grams, while MCX silver price stood at Rs 2,22,301 per 1Kg. Both the metals were in green, however, witnessed a volatile to bearish trend throughout the week.
Spot gold price is around $4,050 per pounce after a relentless selling pressure last week. Investors are monitoring the Middle East conflict and its impact on global economy, alongside US Fed's rates decisions. Furthermore, spot silver price stood around $58 per ounce by the end of July 24th.
Higher oil prices, driven by concerns over Gulf supply disruptions, have reinforced expectations that interest rates could remain higher for longer, reducing the appeal of non-yielding gold. Investors now await next week's Federal Reserve meeting, where rates are widely expected to remain unchanged, though markets still price in an roughly 80% chance of a hike in September. Meanwhile, the European Central Bank kept rates unchanged on Thursday while leaving the door open to a September increase. In Asia, gold discounts in India widened to a seven-week high as higher prices curbed demand, while buying interest improved in China, as per Trading Economics.
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Jul 26, 2026, 1:05 pm IST
Live Oil Prices Today: Brent Crude Above 98 & Elevated
Brent Crude dropped 4% last week on Friday, but held above per barrel, after reports indicated of renegotiation between US and Iran. According to reports, Chinese officials are increasingly concerned that attacks on Gulf states and disruptions in the Strait of Hormuz are hurting their economic interests. Despite the decline, crude oil remained up roughly 10% for the week after a sharp escalation in Middle East hostilities, cited Trading Economics.
Jul 26, 2026, 1:05 pm IST
Live Oil Prices Today: US WTI Crude Oil Above 90
US WTI Crude oil futures closed last week above per barrel, after falling by 3% on Friday, after reports that Pakistan, with support from China, was seeking to revive negotiations between the US and Iran, raising hopes for a diplomatic path to ease tensions, as per Trading Economics.
Jul 26, 2026, 1:05 pm IST
Live Silver Rates Today: Spot Silver Near Per Ounce
Silver rose 1% to around an ounce on Friday, recovering some ground after tumbling more than 3% in the previous session, as investors assessed developments in the Middle East for clues on energy-driven inflation risks and the outlook for US interest rates, as per Trading Economics.
Jul 26, 2026, 1:05 pm IST
Live Gold Rates Today: Spot Gold Near ,050 Per Ounce
Gold prices were little changed at around ,050 per ounce on Friday, steadying after a nearly 2% drop in the previous session as investors monitored developments in the Middle East for clues on energy-driven inflation risks and the outlook for US interest rates. Higher oil prices, driven by concerns over Gulf supply disruptions, have reinforced expectations that interest rates could remain higher for longer, reducing the appeal of non-yielding gold, as per Trading Economics.
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