- By Aditya Pratap Singh
- Mon, 08 Jun 2026 01:19 PM (IST)
- Source:JND
MCX Gold, Silver Rates: The gold and silver rates tanked in the domestic futures market amid selling pressure due to renewed tension in the Middle East and weak global cues. The gold contract, August 5 expiry, fell over Rs 2,800 to a low of Rs 1,52,712 per 10 grams as compared to last day's closing of Rs 1,55,594 per 10 grams on Multi Commodity Exchange (MCX). Similarly, the Silver contract, July 3 expiry, nosedived over Rs 9,400 to a low of Rs 2,39,064 from the previous session's closing of Rs 2,48,537 on MCX.
Last seen, MCX Gold was trading at Rs 1,53,800, down Rs 1,794 or 1.15 per cent. At the same time, MCX Silver was quoted at Rs 2, 42,477, down Rs 6,060 or 2.44 per cent.
"MCX Gold opened with a gap-down and is currently holding above the Rs 1,54,000 mark, reflecting cautious price action amid persistent volatility. Immediate resistance is placed at Rs 1,55,000–Rs 1,55,700, and a sustained move above this zone is required to strengthen momentum and extend the recovery toward Rs 1,57,000. On the downside, a decisive break below Rs 1,54,000 could intensify selling pressure and drag prices toward the Rs 1,52,000–Rs 1,51,500 support region," said Ponmudi R, CEO of Enrich Money.
Gold and Silver Rates in the International Market
The precious metals were trading lower in the international market, too. Last seen, COMEX Gold was trading at $4,321.90 per ounce, down $43.40 or 0.99 per cent. COMEX Silver was quoted at Rs 67.185, down $1.918 or 2.78 per cent.
24k, 22k Gold Rates Today
In the domestic retail market, the gold prices for all purity levels reflect the trend in the futures market. According to bullions.co.in, the 24 karat gold rate today is Rs 1,53,700 per 10 grams and the 22 karat gold rate today is Rs 1,40,892 per 10 grams.The
20 karat gold rate today is Rs 1,28,083, and the 18 karat gold rate today is Rs 1,15,275 per 10 grams. Meanwhile, the silver rate in the domestic retail market is Rs 2,42,710 per 10 grams.