Gold Rates & Silver Rates Today (7/11/2026) LIVE: Indian Gold Rate Climbs After Rs 25,600 Crash, Silver Flat
On the other hand, silver rates in India are unchanged on Saturday. The 999 purity silver is priced at Rs 2.05 lakh per 1Kg. The performance came after MCX gold crashed by 1.20% on Friday to hold below Rs 1,42,400 per 10 grams. Silver was marginally up to Rs 1,84,977 per 1Kg. ...
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On the other hand, silver rates in India are unchanged on Saturday. The 999 purity silver is priced at Rs 2.05 lakh per 1Kg.
The performance came after MCX gold crashed by 1.20% on Friday to hold below Rs 1,42,400 per 10 grams. Silver was marginally up to Rs 1,84,977 per 1Kg. Notably, spot gold also dropped by 0.4% overnight to hold above $4,070 per ounce and spot silver gained by 0.2% to trade near $51,88 per ounce.
Meanwhile, crude oil prices regained momentum. US WTI Crude oil is near $91 per barrel and Brent crude above $98 per barrel.
Precious metals came under pressure due to strengthening of dollar after a stronger-than-expected nonfarm payrolls report, reinforcing expectations that the Federal Reserve could raise interest rates at its policy meeting next month.
The US economy added 165,000 jobs in October, well above market expectations of 65,000, while the unemployment rate unexpectedly declined to 4.1%. Employment figures for the previous two months were also revised upward by a combined 84,000. Adding to the hawkish outlook, average hourly earnings rose by 0.4%, exceeding forecasts of 0.3%, while a renewed increase in crude oil prices further fueled inflation concerns. Despite Friday's pullback, gold remained up more than 4% for the week, supported by safe-haven demand following a sweeping Democratic victory in the US midterm elections, which prompted investors to rotate out of AI stocks and seek defensive assets, as per Trading Economics. LIVE Feed Nov 07, 2026, 11:49 am IST Live Gold Silver Rates Today: What Impacted Gold Silver Prices This Week? Gold and silver staged a notable recovery despite the hawkish monetary-policy outlook. Gold gained approximately 4.5% during the week, recording its strongest weekly performance since August. However, prices retreated from their intraday highs after the stronger employment report lifted the dollar and Treasury yields. The recovery was supported by bargain buying following the sharp correction in the previous week, while uncertainty surrounding global technology stocks encouraged some diversification into precious metals. In India, lower international gold prices also attracted physical buying ahead of Diwali. Nevertheless, expectations of further Fed tightening and higher borrowing costs continued to limit the sustainability of bullion's recovery: Ponmudi R, CEO of Enrich Money.
- Benchmark Quote #1:Reported trading price point of Rs 25,600 across retail jeweler networks.
- Benchmark Quote #2:Reported trading price point of Rs 1,42,400 across retail jeweler networks.
- Benchmark Quote #3:Reported trading price point of Rs 1,84,977 across retail jeweler networks.
- Benchmark Quote #4:Reported trading price point of $4,070 across retail jeweler networks.
Live Silver Rates Today: Indian Silver Prices Unchanged On Choti Diwali
Silver rates in India are broadly flat on Choti Diwali. 1 Kg silver price stood at Rs 2.05 lakh, while 100 grams and 10 grams silver prices are at Rs 20,500 and Rs 2,050 respectively. The cheapest silver is priced at Rs 205 in 1 gram.
Live Gold Rates Today: Indian Gold Prices Jump Rs 900 - Rs 1,100
After crashing steeply on Dhanteras, physical gold rates on the ocassion of Choti Diwali witnessed uptrend. 24-carat gold price surged by Rs 11 in 1 gram, up by Rs 110 in 10 grams and climbed highest by Rs 1,100 in 100 grams. Meanwhile, 22-carat gold rates jumped by Rs 10 to Rs 1,000 and 18-carat gold price also advanced by Rs 9 to Rs 900. The 10 grams gold price stood at Rs 1,43,570 in 24-carat, at Rs 1,31,600 in 22-carat and at Rs 1,07,680 in 18-carat.
Live Silver Rates Today: MCX Silver Price Mildly Up On Friday
MCX silver price closed at Rs 1,84,977 per 1 Kg on Friday with marginal gains of Rs 190 or 0.1%. Silver performed better than gold yesterday.
Live Gold Rates Today: MCX Gold Fall Rs 1,731 On Friday
MCX gold price dropped sharply by Rs 1,731 or 1.2% to end at Rs 1,42,364 per 10 grams on Friday. The bullion struggled tracking global market.
Live Silver Rates Today: Spot Silver Below $52
Silver prices traded just below $52 an ounce on Friday. As per Trading Economics, Silver was up more than 6% this week supported by broader safe-haven demand following a sweeping Democratic victory in the US midterm elections, which prompted investors to rotate out of AI stocks and seek defensive assets.
Live Gold Rates Today: Spot Gold Ends The Week Below $4,100
Gold prices fell toward $4,050 an ounce on Friday as the US dollar strengthened following a stronger-than-expected nonfarm payrolls report, reinforcing expectations that the Federal Reserve could raise interest rates at its policy meeting next month. The US economy added 165,000 jobs in October, well above market expectations of 65,000, while the unemployment rate unexpectedly declined to 4.1%. Employment figures for the previous two months were also revised upward by a combined 84,000, as per Trading Economics.