Gold Rates & Silver Rates Today Live: MCX Gold Volatile, Silver Price Continues To Fall; 24K, 22K, 18K Gold

Gold rates and silver rates in India crashed on February 5, 2026, tracking steep selling pressure of international gold prices after Federal Reserve cautioned on more rate cuts ahead. Fed governor Lisa Cook signalled that she would not support a rate cut until price pressures ease. She is concerned about stalled inflation progress rather than a cooling labour market. This pushed dollar higher against a basket of currencies, and appetite for safe haven dimmed.

MCX gold price crashed below Rs 1.50 lakh levels, while MCX silver struggled around Rs 2.40 lakh to Rs 2.50 lakh levels. Silver took the most beating. Spot silver is down over 12% and MCX silver dropped nearly 9%. While spot gold and MCX gold crashed by around 2% each, loosing pivotal levels.

This, combined with President Trump's nomination of Kevin Warsh as the next Fed chair, seen as more hawkish than other contenders, led markets to price at a slower pace of potential rate cuts. However, Trump said he wouldn't have nominated Warsh if he favored rate hikes and sees little doubt the Fed will cut rates again. Elsewhere, US-Iran tensions lingered despite plans for nuclear talks in Oman on Friday, with Washington not ruling out strikes. Earlier this week, gold surged more than 6%, marking its largest intraday rise since 2008, fueled by dip-buying, as per Trading Economics.

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Feb 05, 2026, 3:12 pm IST

Silver Rates Live Updates: Why Silver Is Crashing?

Know what is impacting silver prices in India and globally.

Feb 05, 2026, 3:11 pm IST

Gold Rates Live Updates: Stay Tuned For Gold Prices Changes

Track real-time changes in gold prices of India.

Feb 05, 2026, 3:10 pm IST

Silver Rates Live Updates: MCX Silver Struggles At Rs 2.5 Lakh

MCX silver price continues to struggle, although, they recovered some losses. At the time of writing, MCX silver dropped by 7% to trade at Rs 2,50,160 per 1Kg. However, silver did hit an intraday low of Rs 2.39 lakh per 1Kg.

Feb 05, 2026, 2:45 pm IST

Gold Rates Live Updates: MCX Gold Recovers Some Losses

MCX gold price has recovered significant losses from the early session. Currently, the gold futures with April 2026 expiry, traded at Rs 1,52,387 per 10 grams, down by Rs 659 or 0.43%. Few minutes ago, gold picked up to hit an intraday high of Rs 1,54,200 per 10 grams.

Feb 05, 2026, 11:27 am IST

Silver Rates Today Live: MCX Silver Price Outlook

MCX Silver futures are trading near the ₹2,50,000–₹2,60,000 zone after a sharp correction from record highs around ₹4,20,000. While the long-term bullish structure remains intact, the steep pullback has pushed prices below major moving averages, indicating short-term bearish pressure and an ongoing corrective phase. Strong buying interest is evident in the ₹2,35,000–₹2,50,000 support band, aligned with prior swing lows and longer-term structural support. A sustained hold above this base, followed by a decisive recovery, could revive upward momentum toward ₹3,00,000–₹3,25,000 in the coming periods. Dips toward support continue to offer accumulation opportunities for positional traders; however, a decisive break below these levels could accelerate downside pressure and extend the correction, even as the broader medium- to long-term outlook remains structurally positive: Ponmudi R, CEO of Enrich Money.

Feb 05, 2026, 11:27 am IST

Silver Rates Today Live: COMEX Silver Outlook

Ponmudi R, CEO of Enrich Money: COMEX Silver is trading near the – zone after a sharp correction from record highs above 1. While the broader bullish structure remains intact on higher timeframes, the steep pullback has pushed prices below key moving averages, indicating short-term bearish pressure and an extended corrective phase. Strong buying interest is visible in the – support band, aligned with prior swing lows and long-term trend support. A sustained hold above this base, followed by a recovery and close above –, could revive upside momentum toward –5 and potentially retest previous highs, while the medium- to long-term outlook stays constructive on steady industrial demand and structural supply constraints despite elevated volatility.

Feb 05, 2026, 11:25 am IST

Silver Rates Today Live Updates: MCX Silver April 2026 Expiry Nosedives

MCX silver price with April 2026 expiry, dropped by over 9% to trade at Rs 2,59,535 per 1Kg. This metal had touched an intraday low of Rs 2,53,224 per 1Kg.

Feb 05, 2026, 11:25 am IST

Silver Rates Today Live Updates: MCX Silver Drops 11%

MCX silver with February 2026 expiry, plunged by nearly 11% to hit an intraday low of Rs 2,46,551 per 1Kg. At the time of writing, MCX silver dropped by nearly 9% to trade at Rs 2,52,624 per 1Kg.

Feb 05, 2026, 10:10 am IST

Forex Market Live Updates: Dollar Surges

Amidst rate cut caution, US dollar index surged above 97.5 levels against a basket of currencies. Investors also considered the implications of Kevin Warsh’s nomination as Fed chair, noting his preference for a smaller Fed balance sheet and expectations that he would be less aggressive on rate reductions.

Feb 05, 2026, 10:09 am IST

Gold Prices Live Updates: MCX Gold Price Outlook

Ponmudi R, CEO of Enrich Money: MCX Gold futures are trading near the ₹1,49,000–₹1,55,000 zone after a sharp correction from record highs around ₹1,80,000–₹1,81,000. While the earlier rally led to overextended momentum and profit booking, the broader bullish structure remains intact. Prices are holding above key long-term trendlines and major moving averages, indicating the move is a healthy consolidation rather than a trend reversal. Strong buying interest is seen in the ₹1,45,000–₹1,48,000 support area. A sustained hold above this base, along with a breakout above ₹1,55,000–₹1,60,000, could revive upside momentum toward ₹1,65,000–₹1,75,000, keeping the medium-term outlook positive despite ongoing volatility.

Feb 05, 2026, 10:09 am IST

Gold Prices Live Updates: COMEX Gold Outlook

Ponmudi R, CEO of Enrich Money: COMEX Gold is trading near the ,850–,000 zone after correcting sharply from recent highs above ,500–,600. The broader uptrend remains intact, with the pullback reflecting profit booking and healthy price digestion. Prices are trading below key moving averages, indicating short-term downward pressure and a corrective phase rather than a reversal of the broader trend. Strong buying interest is evident in the ,700–,800 support band, and sustained stability above this area could pave the way for renewed upside, with a breakout above ,100–,200 opening the path toward prior record highs.

Feb 05, 2026, 10:07 am IST

Silver Rates Live Updates: SPOT Silver Crashes

Silver nosedived by nearly 17% to struggle around .5 per ounce. Just like gold, silver also halted its two days gaining spree. As per Trading Economics, Despite hopes that dip buyers might step in at lower levels, the decline in silver and other metals appears set to continue after the recent rebound failed to hold. The selloff coincided with a stronger dollar, fueled by hawkish signals from the Federal Reserve and expectations of a slower pace of US rate cuts. Investors considered the implications of Kevin Warsh’s nomination as Fed chair, noting his preference for a smaller Fed balance sheet and expectations that he would be less aggressive on rate reductions. Additionally, geopolitical tensions eased after the US and Iran scheduled a fresh round of talks for Friday, though the scope remains uncertain.

Feb 05, 2026, 10:06 am IST

Gold Rates Live Updates: Spot Gold Falls

Gold dropped more than 2% to around ,840 per ounce on Thursday, halting its two consecutive days recovery, owing to renewed selling pressure after Federal Reserve cautioned on rate cuts. Fed Governor Lisa Cook said she would not support additional cuts, prioritizing persistent upside inflation risks over signs of a slowing labor market.