Gold Rates & Silver Rates Today Live: MCX Gold Nears Rs 2.53 Lakh, Silver Rally 5.3% After RBI Policy

Gold rates and silver rates in India surged sharply on April 8th after US and Iran announced a 2-weeks ceasefire. Also, RBI has decided to keep repo rate unchanged for the second time in a row to 5.25%. MCX gold price gained more than 2% and even reached near RS 1.54 lakh mark, while MCX silver price outperformed with over 5% upside to reach near Rs 2.45 lakh level.

On the global front, spot gold price climbed over 2% to cross $4,800 per ounce and spot silver surged to near $77 per ounce. This comes after US WTI and Brent Crude oil crashed by a sharp 16% to 20% and struggled to hold around $95 per barrel.

Right after Trump and IRAN declared a two-week truce, oil prices faced immense selling pressure in the early hours of April 8. This also meant that the US President has delayed his threat of attack on key Iranian civilian infrastructure.

Trump called the ceasefire a "double-sided ceasefire," occurring only on Iran reopening the Strait of Hormuz.

The reopening of Hormuz, which has been shut for over a month now, was pivotal as the Middle East war pushed energy prices higher and heightened the risk of a surge in inflation and slowdown in the global economy. Hence, the truce comes as good news for the global economy but also tames crude prices.

LIVE Feed

Apr 08, 2026, 10:56 am IST

Silver Rates Today Live: MCX Silver To Continue Rising Ahead?

MCX Silver opened with a sharp gap-up, supported by safe-haven demand and strength in industrial metals. Prices are currently hovering around ₹2,42,000–₹2,45,000, with elevated volatility and improving participation. Resistance is placed at ₹2,45,000, and a breakout could push prices toward ₹2,47,000–₹2,50,000. On the downside, a decisive break below ₹2,40,000 may accelerate selling toward the ₹2,36,000–₹2,34,000 range. The overall bias remains positive: Ponmudi R, CEO of Enrich Money.

Apr 08, 2026, 10:56 am IST

Silver Rates Today Live: BUY SPOT SIlVER?

Silver is trading in the – range, with the tone gradually strengthening. Continued industrial demand is providing support, and price action is showing improving conviction. A move above could push prices toward –.However, a break below may increase pressure toward –, with deeper support at –. The overall structure is showing signs of strengthening: Ponmudi R, CEO of Enrich Money.

Apr 08, 2026, 10:56 am IST

Gold Rates Today Live: MCX Gold Outlook Today

MCX Gold opened with a sharp gap-up, supported by safe-haven demand, and is currently trading in the ₹1,53,000–₹1,55,000 resistance band. Buying interest at lower levels indicates strengthening momentum. A sustained move above ₹1,55,000 could revive momentum toward ₹1,58,000–₹1,60,000.On the downside, a decisive break below ₹1,52,000 could extend the decline toward ₹1,50,000 and further toward ₹1,48,000: Ponmudi R, CEO of Enrich Money.

Apr 08, 2026, 10:56 am IST

Gold Rates Today Live: COMEX Gold Outlook Ahead

COMEX gold is trading in the ,820–,860 range. Despite some consolidation, ongoing geopolitical uncertainty continues to support prices, reinforcing underlying strength in the structure and sustaining the upside bias. A sustained move above ,900 could improve momentum toward the ,950–,000 zone.However, a break below ,800 may accelerate selling toward ,750 and potentially ,700–,650. Overall, gold continues to gain traction as a safe-haven asset, with improving strength in its upward momentum: Ponmudi R, CEO of Enrich Money.

Apr 08, 2026, 10:49 am IST

Silver Rates Today Live: MCX Silver Outperforms

MCX silver surged by nearly 6% to trade above Rs 2.44 lakh mark. Silver has touched an intraday high of Rs 2,44,770 per 1Kg, and is trading near its day's high. Nearly Rs 13,000 upside is seen.

Apr 08, 2026, 10:49 am IST

Gold Rates Today Live: MCX Gold Climbs 2-3%

MCX Gold price witnessed sharp buying momentum in the early trade, as the price rallied by Rs 3,583 or 2.4% to trade around Rs 1,53,872 per 10 grams. Gold has hit an intraday high of Rs 1,53,977 per 10 grams and is racing for Rs 1.54 lakh mark. The performance is due to bullish sentiment in global cues.

Apr 08, 2026, 10:46 am IST

Silver Rates Today Live Updates: Spot Silver At 3-Weeks High As Well

Spot silver surged more than 5% to nearly 6% in the early trade of Wednesday. Accordingly, silver is also at 3-weeks high. As per Trading Economics, Iran has agreed to reopen the Strait of Hormuz for two weeks provided all attacks are halted, adding that transit would need to be coordinated with Iran’s Armed Forces, while Israel has also reportedly assented to the temporary ceasefire. Silver has tumbled as much as 37% peak-to-trough since the conflict began, as a surge in energy prices fueled inflation concerns and reinforced a hawkish shift in central bank outlooks.

Apr 08, 2026, 10:44 am IST

Gold Rates Today Live Updates: Spot Gold At 3-Week High Today

Spot gold price skyrocketed by 2.5% to hit ,821.5 per ounce level, which takes the precious metal to 3-weeks high. This comes after US and Iran announced a 2-weeks ceasefire.