Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Jumps After Big Crash; 24K, 22K, 18K Gold Prices

Gold rates and silver rates in India surged sharply on March 20th, on the back of positive global cues as crude oil prices dropped steeply by 2%. MCX gold gained 2% and traded around Rs 1.48 lakh mark per 10 grams and MCX Silver outperformed with 3% upside to above Rs 2.38 lakh per 1Kg level.

Spot gold and spot silver jumped by 1.5% each to trade above $4,700 per ounce and $73 per ounce.

With that precious metals have halted their two consecutive days selling pressure, however, they still are on track to record a weekly decline owing to spike in energy prices as Middle East war sparked inflation concerns and dampened expectations for interest rate cuts.

Higher energy prices and intensifying inflationary pressures prompted investors to rotate into the dollar and Treasuries at the expense of safe-haven metals. The energy-driven shock forced traders to reassess the policy outlook after a wave of hawkish signals from major central banks. The Fed kept rates unchanged, signaling no rate cuts until inflation clearly eases. At the same time, the ECB, BOJ, and BOE also left rates steady but struck more hawkish tones, indicating a bias toward tighter policy. Markets have now pushed back expectations for Fed rate cuts to 2027 and are pricing in two rate hikes each from the ECB and BOE this year, further weighing on gold's appeal, as per Trading Economics.

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Mar 20, 2026, 10:33 am IST

Silver Rates Today Live: Spot Silver Nears

Silver rose back above per ounce on Friday but was still poised for a third consecutive weekly loss, as surging energy prices from the Middle East conflict fueled inflation concerns and reduced expectations for interest rate cuts. Rising energy costs and mounting inflationary pressures prompted investors to shift into the dollar and Treasuries, weighing on safe-haven metals, as per Trading Economics.

Mar 20, 2026, 10:33 am IST

Gold Rates Today Live: Spot Gold Above ,700 Per Ounce

Spot Gold rose back above ,700 per ounce on Friday following a steep two-day selloff, but was still on track for a sharp weekly decline as surging energy prices driven by the Middle East conflict stoked inflation concerns and dampened expectations for interest rate cuts, as per Trading Economics.

Mar 20, 2026, 10:32 am IST

Gold & Silver Rates Today Live Updates: Gold & Silver Still Down 10-11% In March 2026 Despite Latest Gains

Despite the latest rise in precious metals, they are still on the path to record one of their weakest weak. The reason why precious metals are unable to hedge returns at a time where Middle East war of US-Israel vs Iran is intense, gruesome and threatens to impact global economies dangerously --- is the surge in energy prices due to this west Asia conflict. Higher energy prices have pushed inflationary concerns and dampened the possibility of rate cut from US Federal Reserves in 2026.

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Mar 20, 2026, 10:32 am IST

Gold & Silver Rates Today Live Updates: Why Gold & Silver Prices Rebounded Today?

One of the big reason for rebound today is the drop in crude oil prices. US WTI crude oil futures dropped by 2% to trade below per barrel and Brent Crude slipped by 1.5% to trade around 7 per barrel. However, oil prices are still at multi-year high. Meanwhile, the gains in precious metals is limited due to firmness of dollar which trades around 99 mark.

Mar 20, 2026, 10:32 am IST

Silver Rates Today Live Updates: MCX Silver With May 2026 Expiry

MCX silver price beats gold with nearly 3% gains or Rs 6,595 upside to trade at Rs 2,38,055 per 1Kg. The silver with May 2026 expiry, has touched an intraday high of Rs 2.40 lakh mark.

Mar 20, 2026, 10:32 am IST

Gold Rates Today Live Updates: MCX Gold April 2026 Expiry

At the time of writing, MCX gold price with April 2026 expiry, surged by over 2% or Rs 2,966 to trade at Rs 1,47,920 per 10 grams which is closer to its intraday high of Rs 1,48,302 per 10 grams.