Gold rates and silver rates in India tracked the sentiments in the international market on May 19. MCX gold pulled away from its Rs 1.60 lakh mark in the early trade on Wednesday, to trade lower by 0.5% to near Rs 1,58,300 level. Meanwhile, MCX silver plunged by 1% to struggle around Rs 2.68 lakh.
Meanwhile, Spot gold continued to slip by 1% to struggle around $4,460 per ounce. On the other hand, spot silver witnessed mild buying which took the price level near $74 per ounce. In the previous session, COMEX has tumbled by 2%.
The escalating tensions between the US and Iran kept the market sentiment on the edge as inflationary risks flared and the probability of a rate hike hung like a dagger to the bullion demand.
On the other hand, crude oil prices slipped on May 20th as well, but they still remain at elevated level. US WTI Crude oil futurs traded lower but near $104 per barrel, while Brent Crude dipped by 0.5% but still near $111 per barrel.
President Donald Trump warned that the US could resume strikes on Iran within "two or three days" if Tehran failed to agree to Washington's peace terms. The remarks came shortly after Trump said he had called off a planned attack following appeals from Gulf allies, with Tehran's nuclear program being a major sticking point in negotiations. The prolonged conflict has effectively kept the crucial Strait of Hormuz closed to shipping, driving oil prices higher and intensifying inflationary pressures. Accelerating US inflation has also prompted traders to further reduce expectations for Federal Reserve rate cuts this year, while reinforcing speculation that the central bank could still raise rates before the end of the year, as per Trading Economics.
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May 20, 2026, 1:03 pm IST
Gold Rates Today Live Updates: Dubai Gold Rates Fall After Iran Attacked Arab World's Largest Nuclear Plant In UAE
Gold rates in Dubai crashed on May 20, 2026, amidst rising tensions in the Middle East. Meanwhile, the United Arab Emirates (UAE) is entangled in the crossfires and kabooms exchanged between the US military and the Iranian regime. Also, the safe haven in the souk market is not so safe after the UAE's Barakah nuclear power plant was hit by Iranian proxies on May 19th. The UN along with Russia and other countries, has condemned the latest attack on the UAE, but that just fueled selling pressure in physical gold rates of this market. 24 carat gold rate dropped by AED 525 in 100 grams to AED 54,225, while 10 grams gold in this carat stood at AED 5,422.50, down by AED 52.50. Check Full Dubai Gold Rates Here
Gold Rates & Silver Rates Today Live Updates: MCX Gold Under Pressure, MCX Silver Outperforms
Following the 1% upside in spot gold, MCX silver regained momentum to trade higher by Rs 1,464 or 0.54% to Rs 2,71,583 per 1Kg, at the time of writing. On the contrary, MCX gold underperformed silver, tracking the volatility in spot gold. However, the fall in MCX gold is mild by Rs 248 or 0.2% to Rs 1,58,832 per 10 grams at the same time.
May 20, 2026, 12:01 pm IST
Gold Rates & Silver Rates Today Live Updates: What Is Impacting Precious Metals Today?
Gold prices experienced a slight uptick today, trading at approximately ₹1,45,113 per 10 grams (25.20/oz), as investors navigated the complex landscape of U.S.-Iran relations while awaiting key inflation data from the U.S. Silver also saw a rise, priced at around ₹2,65,875 per kg (.58/oz), reflecting ongoing safe-haven demand amid geopolitical tensions. Crude oil prices climbed to ₹9,451 per barrel (.94/bbl), driven by concerns over inflation and the potential for prolonged high interest rates, which have historically impacted precious metals. The recent volatility in gold and silver markets can be attributed to a mix of geopolitical risks and technical trading patterns, with investors balancing these factors against expectations of forthcoming economic data: Gaurav Garg, research analyst at Lemonn markets desk.
May 20, 2026, 12:00 pm IST
Forex Market Live Updates: Rupee Hits 97 Mark At New Historic Low
Indian rupee crossed to new historic low of 97 for the first time. This is due to sustained pressure from strong dollar and rising bond yields. That being said, rupee has extended its losses for the eight consecutive session. As per Trading Economics, pressure has intensified as US Treasury yields rose sharply amid a global bond selloff, driven by expectations of a Federal Reserve rate hike this year. The 10-year yield has jumped over 20 basis points in four sessions, while the 30-year yield climbed to its highest since 2007, strengthening the dollar across markets.
May 20, 2026, 11:58 am IST
Forex Market Live Updates: US Market Traded Near 6-Weeks High
The US Dollar Index hovered around 99.4 on Wednesday, trading at six-week highs as escalating tensions between the US and Iran kept inflation concerns elevated and strengthened expectations for possible rate hikes, as per Trading Economics.
May 20, 2026, 11:57 am IST
Oil Prices Today Live Updates: Brent Crude Down 1%
Brent crude held near 1 per barrel on Wednesday after coming under pressure in the previous session. As per Trading Economics, the war has now entered its 12th week and has effectively kept the strategic Strait of Hormuz closed to shipping traffic, supporting oil prices and fueling inflation concerns. Meanwhile, reports indicated that NATO is weighing plans to escort commercial vessels through the waterway if the route remains blocked beyond early July, adding another layer of uncertainty to the market.
May 20, 2026, 11:55 am IST
Oil Prices Today Live Updates: US WTI Crude Oil Falls 1% But Above 3
US WTI Crude oil futures traded between 3 per barrel to 4 per barrel, however, declined by nearly 1%. As per Trading Economics, investors assessed President Donald Trump’s renewed threat to resume military strikes on Iran if it failed to accept US peace terms. The comments came less than a day after Trump said he had called off a planned attack following appeals from Gulf allies, while warning that Washington could act within “two or three days.” The developments added to persistent uncertainty surrounding the Middle East conflict, with Iran’s nuclear program remaining a key obstacle in negotiations.
Spot silver price recovered early losses to trade higher by nearly 1% and near per ounce. This comes after silver had nosedived by over 5% yesterday. The tensions between US and Iran continued to drive the trend, however, gains were limited due to rate hikes possibility owing to inflationary concerns and energy crisis.
May 20, 2026, 11:11 am IST
Gold Rates Today Live Updates: Spot Gold Slide Continues
Spot gold price slipped marginally and struggled between ,460 to ,470 per ounce in the trade. This is the second consecutive decline after 2% drop in the previous session.
May 20, 2026, 10:15 am IST
Silver Rates Today Live Updates: MCX Silver Price Crashed By Rs 3,200
MCX silver price traded lower by almost Rs 3,200 or 1.2% to Rs 2.67 lakh mark. This precious metal struggled between Rs 2,66,850 per 1Kg intraday low to Rs 2,68,464 per 1Kg intraday high.
May 20, 2026, 10:13 am IST
Gold Rates Today Live Updates: MCX Gold Price Drops By 0.5%
MCX gold price traded at Rs 1,58,325 per 10 grams, down by Rs 755 or 0.5%. The bullion which is scheduled for June 2026 expiry, had touched an intraday high of Rs 1,60,378 per 10 grams in the opening bell before correcting to hit the day's low of Rs 1,57,959 per 10 grams.
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