Gold Rates & Silver Rates Today (29-05-2026) Live Updates: MCX Gold Marginally Down, Silver Price Falls By 1%

Gold rates and silver rates in India have continued to be under pressure and the trend continued even on May 29, 2026. MCX gold is trading marginally lower to near Rs 1,56,500 per 10 grams, while MCX silver slipped nearly 1% to hit around Rs 2.68 lakh mark. Spot gold price is struggling to hold around $4,500 per ounce after hitting a 2-month low yesterday. While spot silver continues to be volatile and trade a little over $75 per ounce. There is calm in selling pressure on Friday after reports of a preliminary agreement between the USA and Iran cooled off concerns over inflation and the energy crisis.

Crude oil prices are down by 1-2% with US WTI Crude Oil futures trading below $88 per barrel and Brent Crude slipping below $92 per barrel.

Washington and Tehran are reportedly set to extend their ceasefire by 60 days and begin talks over Iran's nuclear program, while also considering unrestricted shipping through the Strait of Hormuz. Still, the report noted that President Donald Trump has not yet approved the proposed terms, while Vice President JD Vance said it remains too early to determine whether or when a deal with Iran could be finalized, as per Trading Economics.

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May 29, 2026, 10:12 am IST

Silver Rates Today Live Updates: Spot Silver Hovers Between 75-76

Silver steadied near an ounce on Friday after recovering in the previous session, as reports of a preliminary agreement between the US and Iran eased concerns over inflation and interest rates. Washington and Tehran are reportedly set to extend their ceasefire by 60 days and begin talks over Iran’s nuclear program, while also considering unrestricted shipping through the Strait of Hormuz, as per Trading Economics.

May 29, 2026, 10:11 am IST

Gold Rates Today Live Updates: Spot Gold Holds Around 4,500

Gold steadied near ,500 an ounce on Friday after recovering in the previous session, as reports of a preliminary agreement between the US and Iran eased concerns over inflation and interest rates, as per Trading Economics.

May 29, 2026, 10:10 am IST

Oil Prices Today Live Updates: MCX Crude Oil Drops By Over 1%

MCX crude oil futures dropped by nearly 1.2% to trade around Rs 8,437 per barrel. Crude oil prices are under pressure due to selloffs in Brent Crude and US WTI.

May 29, 2026, 9:35 am IST

Silver Rates Today Live Updates: MCX Silver Falls By Nearly Rs 1,200

MCX silver continued to take the worst hit than gold amidst geopolitical risks. At the time of writing, MCX silver dropped by Rs 1,170 or 0.43% to trade at Rs 2,68,367 per 1Kg. But silver has touched an intraday low of Rs 2,68,018 per 1Kg.

May 29, 2026, 9:33 am IST

Gold Rates Today Live Updates: MCX Gold Continues To Slide

MCX gold price continued to remain under pressure despite reports stating that US and Iran could extend their ceasefire agreement by 60 days ahead. At the time of writing, MCX gold plunged below Rs 1,56,500 mark to hit an intraday low of Rs 1,56,316 per 10 grams. At the time of writing, MCX gold traded lower by Rs 385 or 0.25%.