Gold Rates & Silver Rates Today (04-05-2026) Updates: MCX Gold Falls Rs 1,500, Silver Drops By Rs 5,500

Gold rates and silver rates in India are likely to be volatile on Monday, May 4, as the international market trades cautiously. In the early hours, spot gold price traded marginally lower and struggled to hold around $4,600 mark, while spot silver surged marginally to trade a little over $75 per ounce. Physical gold rates are broadly flat on Monday across 24 carat, 22 carat and 18 carat.

Investors are assessing US President Donald Trump's next course of action for Strait of Hormuz and against Iran. While, Iran has sent a revised peace proposal. Gold currently remains down by 12% since US-Israel-Iran war started. Amidst this, the data of World Gold Council revealed that central banks globally have increased their gold reserves in the first quarter.

On the other hand, crude oil prices traded under pressure on Monday. US WTI Crude Oil futures traded above 101 with downside of 0.5%. While Brent Crude performed near 108 per barrel mark, with mild decline. Meanwhile, US dollar remained firm above 98 mark after 1% decline last week on Friday.

Reports suggested US officials were informed in advance of the move, consistent with a G7 understanding that major currency interventions are typically communicated among members. On the macroeconomic front, fresh data showed the US economy expanded at an annualized 2% in the first quarter, rebounding from a late 2025 slowdown tied to a government shutdown. Consumer spending increased 1.6%, supported by resilient demand for services, while separate labor data indicated jobless claims falling to multi-decade lows. The releases followed the recent decision by the Federal Reserve to keep interest rates unchanged, though policymakers acknowledged growing internal divisions as economic uncertainty persists stemming from the Middle East conflict, as per Trading Economics.

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May 04, 2026, 4:24 pm IST

Gold Rates Today Live: MCX Gold Crashes By Rs 1,552, Silver Drops By Rs 5,547

MCX gold price dropped by Rs 1,401 0r 0.93% to end at Rs 1,49,951 per 10 grams. Meanwhile, MCX silver plunged by Rs 5,547 or 2.18% to end at Rs 2,48,409 per 1Kg in day time closing session.

May 04, 2026, 1:13 pm IST

Silver Rates Today Live: Physical Silver Prices Unchanged In India

Gram	Today	Yesterday	Change
1 Gram	₹265	₹265	₹0
8 Grams	₹2,120	₹2,120	₹0
10 Grams	₹2,650	₹2,650	₹0
100 Grams	₹26,500	₹26,500	₹0
1 Kilogram	₹2,65,000	₹2,65,000	₹0

Amidst volatile market, physical silver price remained unchanged in India on Monday. 1Kg silver price stood at Rs 2.60 lakh, followed by 100 grams and 10 grams silver rate of Rs 26,000 and Rs 2,600 respectively.

May 04, 2026, 1:11 pm IST

Gold Rates Today Live Updates: 24 Carat, 22 Carat, 18 Carat Gold Rates Flat Today

Purity	1 Gram	8 Grams	10 Grams	100 Grams	Daily Change
24 Carat	₹15,093	₹1,20,744	₹1,50,930	₹15,09,300	₹0 (Stable)
22 Carat	₹13,835	₹1,10,680	₹1,38,350	₹13,83,500	₹0 (Stable)
18 Carat	₹11,320	₹90,560	₹1,13,200	₹11,32,000	₹0 (Stable)

Gold rates in India are broadly flat on Monday, despite bullion crashing at MCX and international market. 24 carat gold price stood at Rs 1,50,930 per 10 grams, while 22 carat and 18 carat gold prices are at Rs 1,38,350 and Rs 1,13,200 in 10 grams.

May 04, 2026, 10:48 am IST

Silver Rates Today Live Updates: MCX Silver Drops By 1%

MCX silver underperformed gold and declined by nearly 1%. At the time of writing, MCX silver traded at Rs 2,49,400 per 1Kg, down by Rs 1,537 or 0.61%. This is silver's intraday low mark as of now on Monday.

May 04, 2026, 10:44 am IST

Gold Rates Today Live: MCX Gold Price Falls By Nearly Rs 500

MCX gold price traded under pressure but held around Rs 1.50 lakh mark. At the time of writing, MCX gold is trading at Rs 1,50,882 per 10 grams, down by Rs 470 or 0.31%. The bullion is near its intraday low of Rs 1,50,849 per 10 grams.

May 04, 2026, 7:46 am IST

Forex Market Live Updates: US Dollar Firm

The dollar index traded close to 98 on Friday after dropping nearly 1% in the prior session, with losses driven largely by a sharp advance in the yen following suspected intervention by Japanese authorities in currency markets. Reports suggested US officials were informed in advance of the move, consistent with a G7 understanding that major currency interventions are typically communicated among members, as per Trading Economics.

May 04, 2026, 7:45 am IST

Oil Prices Live Updates: Brent Crude Dips Below 108

Brent crude slipped below 8 per barrel mark, extending its losses for the third session straight. As per Trading Economics, Oil prices have surged sharply this year as the Middle East conflict and the effective closure of the Strait of Hormuz disrupted global markets. Elsewhere, OPEC+ agreed to a symbolic increase in June production quotas, signaling a business-as-usual stance following the United Arab Emirates’ departure.

May 04, 2026, 7:45 am IST

Oil Prices Live Updates: US WTI Crude Oil Falls

WTI crude futures fell to around 1 per barrel on Monday, sliding for the third straight session after US President Donald Trump said Washington would move to “free” stranded cargo ships stuck in the Strait of Hormuz and pointed to progress in negotiations with Iran, as per Trading Economics.

May 04, 2026, 7:43 am IST

Silver Rates Today: Spot Silver Outperformed Gold In Early Hours Of Monday

Spot silver price surged nearly 1% to trade near .7 per ounce, outperforming gold in the process. As per Trading Economics, Iran said it is reviewing Washington’s response to its latest 14-point proposal, boosting optimism for a diplomatic resolution to the conflict. Now in its tenth week, the Middle East war has driven energy prices sharply higher and heightened inflation risks, stoking concerns that central banks may keep interest rates elevated for longer or even tighten further.

May 04, 2026, 7:42 am IST

Gold Rates Today Live: SPOT Gold Struggles

Spot gold struggled to hold above ,600 an ounce on Monday, as investors observed President Donald Trump’s plan for escorting shipping vessels through the Strait of Hormuz. While investors are awaiting for positive development after Iran sent a revised peace proposal.