Gold Rates & Silver Rates Today (9/10/2026) LIVE: MCX Gold Chases Rs 1.51 Lakh Mark, Silver Jumps Rs 2,900

Gold rates and silver rates in India surged sharply on Friday, October 9, due to strong buying trend in global bullion market as they pulled away from their 2-months low. In the early trade, MCX gold traded higher by nearly 1% to hold above Rs 1.50 lakh mark, while MCX silver rallied over Rs 2,800 to trade around Rs 2.24 lakh per 1Kg level.

Spot gold gained by 1% and spot silver surged by 2% to trade around $4,175 per ounce and $60 per ounce. This came after when crude oil prices dropped by 1%, with US WTI crude oil trading near $91 per barrel and Brent crude near $104 per barrel.

MCX gold and MCX silver prices are likely to follow the trend.

Elsewhere, the US 10-year treasury yield also held around 5.23% on Friday, still away from 24-year highs after well-received 30-year bond auction. The 30-year treasury yield also stood steady around 5.61%.

Also, US dollar slipped mildly but continued to be around 102 as markets price in roughly 82% probability of US Federal Reserve to hold rates in October policy, but with a 81% probability of a hike in the December policy.

Investors assessed developments in the Middle East and the outlook for Federal Reserve monetary policy. Oil prices eased after President Donald Trump said the US was engaged in "productive discussions" with Iran and would refrain from attacking the country before the midterm elections. His comments came even as Iran intensified attacks on tankers passing through the Strait of Hormuz this week. A hurricane also disrupted US offshore oil production in the Gulf of Mexico. Meanwhile, markets are currently pricing in an approximately 82% probability that the Fed will keep interest rates unchanged this month, while the odds of a rate hike in December stand at around 81%. On Thursday, St. Louis Fed President Alberto Musalem indicated that rates may need to rise over the next six to nine months to bring inflation back toward the central bank's 2% target, as per Trading Economics.

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Oct 09, 2026, 9:29 am IST

Live Silver Rates Today: MCX Silver Price Outperforms Gold

MCX silver price rallied by 1.3% or Rs 2,867 to trade above Rs 2.24 lakh mark in 1Kg. MCX silver is near its intraday high of Rs 2,24,293 per 1 Kg and has outperformed gold. Silver in India rallied due to 2% surge in spot silver which is chasing $61 mark.

Oct 09, 2026, 9:29 am IST

Live Gold Rates Today: MCX Gold Price Jumps Rs 1,200

MCX gold price rallied by nearly 1% or Rs 1,215 to trade around Rs 1,50,825 per 10 grams, after hitting an intraday high of Rs 1,50,999. MCX gold is racing for Rs 1.51 lakh mark.

Oct 09, 2026, 8:53 am IST

Live Gold Silver Prices Today: US Dollar Around 102

US dollar slipped mildly but continued to be around 102 as markets price in roughly 82% probability of US Federal Reserve to hold rates in October policy, but with a 81% probability of a hike in December policy.

Oct 09, 2026, 8:53 am IST

Live Gold Silver Rates Today: Treasury Yields Steady

The US 10-year treasury yield also held around 5.23% on Friday, still away from 24-year highs after well-received 30-year bond auction. The 30-year treasury yield also stood steady around 5.61%.

Oct 09, 2026, 8:53 am IST

Live Gold Silver Rates Today: Oil Prices Fall

Crude oil prices dropped by 1% with US WTI crude futures trading at 90.77 per barrel and Brent crude around $103.3 per barrel. Oil prices trimmed their gains after President Donald Trump said on social media that the US was engaged in "productive discussions" with Iran and would refrain from attacking the country before the midterm elections. Trump also claimed that record volumes of crude were passing through the Strait of Hormuz, while stressing that the US naval blockade of Iranian ports would remain fully in place. However, later reports indicated that the US had prepared plans for three days of strikes against Iran, targeting drone and missile stockpiles, energy infrastructure and other sites. On Thursday, oil prices surged by as much as 5.6% as Tehran intensified attacks on tankers navigating the Strait of Hormuz, with nine vessels reportedly targeted over the past week. Meanwhile, Hurricane Isaias threatened offshore oil production in the Gulf of Mexico, prompting producers to shut in around 1.3 million barrels per day of crude output, as per Trading Economics.

Oct 09, 2026, 8:34 am IST

Live Silver Rates Today: Spot Silver Jumped 2%

Spot silver rallied by nearly 2% to trade near $60.6 per ounce. Silver is racing for $61 mark. As per Trading Economics, markets are currently pricing in an approximately 82% probability that the Fed will keep interest rates unchanged this month, while the odds of a rate hike in December stand at around 81%. On Thursday, St. Louis Fed President Alberto Musalem indicated that rates may need to rise over the next six to nine months to bring inflation back toward the central bank’s 2% target.

Oct 09, 2026, 8:34 am IST

Live Gold Rates Today: Spot Gold Surges 1%

Spot gold surged more than 1% to trade above $4,175 per ounce. The bullion rallied as investors assessed developments in the Middle East and the outlook for Federal Reserve monetary policy. Oil prices eased after President Donald Trump said the US was engaged in “productive discussions” with Iran and would refrain from attacking the country before the midterm elections. His comments came even as Iran intensified attacks on tankers passing through the Strait of Hormuz this week, as per Trading Economics.