Gold & Silver Rates Today (15-05-2026) Live: MCX Gold Crashes By Rs 3,500, Silver Price Hits Below Rs 2.69 Lac

Gold rates and silver rates in India extended their extreme selling pressure in the evening session on May 15, 2026. In the evening session, MCX gold price dropped by Rs 3,268 or 2.02% to trade around Rs 1,58,710 per 10 grams, while MCX silver price nosedived by Rs 20,550 or 7.06% to trade at Rs 2,70,552 per 1Kg. Both MCX gold and silver price have touched an intraday low of Rs 1,58,150 per 10 grams and Rs 2,68,623 per 1Kg.
The performance is due to weak spot gold and spot silver, which erased pivotal levels. Investors are panic selling as US-Iran peace talks are stalled and Strait of Hornuz continues to be closed.

Spot gold slipped below $4,600 per ounce and spot silver crashed below $79 per ounce. This is due to sharp hike in crude oil prices with US WTI crude trading near 103 per barrel and Brent Crude rising near 107 per barrel.

Safe haven assets are pressured after the US inflation data that fueled concerns of rate hikes from US Federal Reserve in 2026.

Gold and silver also faced sharp selloffs due to strong surge in US dollar which is above 99 mark and is racing towards 100 mark.

Data released earlier this week showed US wholesale inflation surged at its fastest pace since 2022 in April, while consumer prices posted their largest increase since 2023. Inflationary pressures have been driven largely by the prolonged Middle East conflict and the near-shutdown of the critical Strait of Hormuz, which has severely disrupted global energy shipments. Markets have now fully ruled out a Fed rate cut this year, with some traders increasingly pricing in the possibility of a rate hike by December. Meanwhile, President Trump met with Chinese President Xi Jinping, discussing efforts to keep Hormuz open to preserve energy trade. Separately, India tightened gold import regulations further as authorities intensified measures to support the rupee, as per Trading Economics.

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May 15, 2026, 9:07 pm IST

Gold Rates & Silver Rates Today Live Updates: MCX Gold & Silver Continue To Crash In Evening Session

In the evening session, MCX gold price dropped by Rs 3,268 or 2.02% to trade around Rs 1,58,710 per 10 grams, while MCX silver price nosedived by Rs 20,550 or 7.06% to trade at Rs 2,70,552 per 1Kg. Both MCX gold and silver price have touched an intraday low of Rs 1,58,150 per 10 grams and Rs 2,68,623 per 1Kg.

May 15, 2026, 5:53 pm IST

Gold Rates & Silver Rates Today Live Updates: Why Precious Metals Are Falling Today?

Gold faces a modest weekly decline while silver slipped below , weighed down by persistent US inflation and renewed rate hike expectations. April data showed wholesale and consumer prices rising at their fastest pace since 2022 and 2023 respectively, driven largely by the Iran conflict and Strait of Hormuz closure disrupting global energy flows. Markets have fully priced out Fed cuts for 2025, with some now betting on a December hike. India tightened gold import norms, raising effective duty to 18.45%. Technically, gold holds ,500–,780 range while silver finds support at : Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association

May 15, 2026, 5:52 pm IST

Silver Rates Today Live Updates: Silver Rates In India Decline By Rs 10,000

Weight	Today	Yesterday	Change
1 gram	₹290	₹300	-₹10
8 grams	₹2,320	₹2,400	-₹80
10 grams	₹2,900	₹3,000	-₹100
100 grams	₹29,000	₹30,000	-₹1,000
1 kilogram	₹2,90,000	₹3,00,000	-₹10,000

Physical silver price in India dropped by Rs 10,000 to Rs 2.90 lakh on May 15, 2026. Accordingly, 100 grams and 10 grams silver prices plunged sharply by Rs 1,000 and Rs 100 to Rs 29,000 and Rs 2,900 respectively. Check Full Silver Rates Here

May 15, 2026, 5:51 pm IST

Gold Rates Today Live Updates: Gold Comparison City Wise (Per Gram)

City	24K Today	22K Today	18K Today
Chennai	₹16,309	₹14,950	₹12,470
Delhi	₹15,806	₹14,490	₹11,858
Ahmedabad	₹15,796	₹14,480	₹11,848
Vadodara	₹15,796	₹14,480	₹11,848
Mumbai	₹15,791	₹14,475	₹11,843
Kolkata	₹15,791	₹14,475	₹11,843
Bangalore	₹15,791	₹14,475	₹11,843
Hyderabad	₹15,791	₹14,475	₹11,843
Kerala	₹15,791	₹14,475	₹11,843
Pune	₹15,791	₹14,475	₹11,843

Gold rates are most expensive in cities like Chennai, followed by Delhi, Ahmedabad and Vadodara.

May 15, 2026, 5:48 pm IST

Gold Rates Today Live Updates: 18 Carat Gold Prices Decline By Up To Rs 33,200

Purity	Gram	Today	Yesterday	Change
18 Carat	1g	₹11,843	₹12,175	-₹332
	8g	₹94,744	₹97,400	-₹2,656
	10g	₹1,18,430	₹1,21,750	-₹3,320
	100g	₹11,84,300	₹12,17,500	-₹33,200

Under 18 carat, gold price plunged by Rs 33,200 to Rs 11,84,300 per 100 grams, and tumbled by Rs 3,320 to RS 1,18,430 per 10 grams. In 8 grams, gold plummeted by Rs 2,656 to Rs 94,744. Lastly, 1 gram gold is down by Rs 332 to Rs 11,843.

May 15, 2026, 5:47 pm IST

Gold Rates Today Live Updates: 22 Carat Gold Prices Fall Steeply

Purity	Gram	Today	Yesterday	Change
22 Carat	1g	₹14,475	₹14,880	-₹405
	8g	₹1,15,800	₹1,19,040	-₹3,240
	10g	₹1,44,750	₹1,48,800	-₹4,050
	100g	₹14,47,500	₹14,88,000	-₹40,500

In case of 22 carat, gold price dropped by a huge RS 40,500 to RS 14,47,500 per 100 grams and declined by Rs 4,050 to Rs 1,44,750 per 10 grams. In 8 grams, 22 carat gold slipped by Rs 3,240 to Rs 1,15,800 and in 1 gram, the price was down by Rs 404 to Rs 14,475.

May 15, 2026, 5:46 pm IST

Gold Rates Today Live Updates: 24 Carat Gold Prices Crash Most Today

Purity	Gram	Today	Yesterday	Change
24 Carat	1g	₹15,791	₹16,233	-₹442
	8g	₹1,26,328	₹1,29,864	-₹3,536
	10g	₹1,57,910	₹1,62,330	-₹4,420
	100g	₹15,79,100	₹16,23,300	-₹44,200

24 carat gold rates crashed the most on May 15, 2026. 10 grams gold extended its decline by Rs 4,420 to Rs 1,57,910 per 10 grams, while 100 grams gold price crashed by RS 44,200 to Rs 15,79,100. Further, 24 carat gold price in 8 grams slipped by Rs 3,536 to Rs 1,26,328 and 1 gram gold dipped by Rs 442 to Rs 15,791.

May 15, 2026, 3:17 pm IST

Gold Rates & Silver Rates Today Live Updates: MCX Gold & Silver Price Extend Decline

At the time of writing, MCX gold price dropped by Rs 3,067 or 1.9% to trade around Rs 1,58,9111 per 10 grams. While MCX silver price further crashed by Rs 18,560 or 6.4% to trade around RS 2,72,542 per 1Kg.

May 15, 2026, 1:31 pm IST

Gold Rates Today Live Updates: This Tamil Nadu Based Gold Stock Falls

After Tamil Nadu jewelers announced to stop selling gold coins and discontinue gold savings scheme,s Thangamayil Jewellery Limited (TMJL) which holds dominance in the state, fell on stock exchanges. At the time of writing, Thangamayil share price traded at Rs 3590.35 apiece, down by 0.9% on BSE with market cap of Rs 11,159.53 crore. In the early trade, the stock dropped by over 2.1% to hit an intraday low of Rs 3,545.00 apiece.

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May 15, 2026, 1:29 pm IST

Gold Rates Today Live Updates: Gold Rates In Chennai Today

Gold rates in Chennai, the capital city of Tamil Nadu, crashed sharply on May 15. 24 carat gold price plunged by Rs 10,900 in 100 grams to Rs 16,30,900 and 10 grams gold slipped by RS 1,090 to Rs 1,63,090. Gold is still expensive in Chennai compared to other cities. The gold price in Chennai stands at Rs 16,309 per gram for 24 karat gold (99.9% purity), Rs 14,950 per gram for 22 karat gold (91.6% purity), and Rs 12,470 per gram for 18 karat gold (75% purity).

May 15, 2026, 1:29 pm IST

Gold Rates Today Live Updates: Tamil Nadu Jewellers To Stop Selling Gold Coins, More

The Tamil Nadu Jewellers Federation (TNJF) came forward in support of central government's decision of hiking import duty to 15% from earlir 6% on gold and silver till March 31, 2027. This is expected to reduce burden of high imports for the country's economy and also conserve foreign exchange reserves. Following this, Tamil Nadu jewellers collectively made a voluntary decision to stop selling gold coins and discontinue promotional schemes linked to gold savings and investments.

May 15, 2026, 11:52 am IST

Silver Rates Today Live Updates: MCX Silver Extends Crash

MCX silver extended its fall by Rs 18,835 to hit an intraday low of Rs 2,72,267 per 1Kg, as spot silver dropped by 7%. At the time of writing, spot silver traded at Rs 2,75,740 per 1kg, recoridng a decline of Rs 15,362 or 5.3%

May 15, 2026, 11:50 am IST

Gold Rates Today Live Updates: MCX Gold Price Nosedives

MCX gold price plunged sharply by 2% to hit an intraday low of Rs 1,58,851 per 10 grams, further extending its losses. At the time of writing, MCX gold traded at Rs 1,59,430 per 10 grams, which is Rs 2,548 drop or 1.6% downside.

May 15, 2026, 11:47 am IST

Forex Market Live Updates: US Dollar Races Toward 100 Mark

The dollar index climbed to around 99 on Friday and was on track to post a weekly gain of more than 1%, supported by mounting inflationary pressures that strengthened expectations for a Federal Reserve rate hike later this year. Data released earlier in the week showed US wholesale inflation accelerated at its fastest pace since 2022 in April, while consumer prices recorded their biggest increase since 2023 amid renewed price pressures stemming from the energy shock linked to the Iran conflict, as per Trading Economics.

May 15, 2026, 11:46 am IST

Oil Prices Today Live Updates: Brent Crude Jumps 2%

Brent crude soared by 2% to trade near 8 per barrel mark and was on the path to witness 5% surge this week. As per Trading Economics, he key shipping route remains under a dual blockade that has emerged as a central obstacle in negotiations, with President Donald Trump saying the current ceasefire was on “massive life support” after dismissing Tehran’s latest response to his peace proposal. Meanwhile, the IEA reported that crude and fuel flows through the Strait of Hormuz dropped by around 4 million barrels per day in March and April, warning that the global oil market could stay materially undersupplied through October even if the conflict is resolved next month.

May 15, 2026, 11:44 am IST

Oil Prices Today Live Updates: US WTI Crude Oil Rallies

US WTI Crude oil price surged by nearly 2.5% to trade between 3-104 per barrel. This crude was on the track to record over 7% surge in the current week. Oil prices picked up momentum after any diplomatic attempts to end the US-Iran war continued to stall and crushed hopes of peace in Middle East. Also, Strait of Hormuz continues to stay close and the key shipping passage continues to witness dual blockade, which has heightened energy crisis.

May 15, 2026, 11:41 am IST

Silver Rates Today Live Updates: Spot Silver Crashes Sharply

Spot silver nosedived by nearly 7% to trade around per ounce. This will be the second consecutive decline as weakness across the broader metals complex intensified amid rising concerns over US inflation and potential rate hikes.

May 15, 2026, 11:38 am IST

Gold Rates Today Live Updates: Spot Gold Falls 2%

Spot gold price dropped by nearly 2% to fell below ,570 per ounce. According to Trading Economics, Gold weakened toward ,600 an ounce on Friday and was on track to fall about 2% for the week, pressured by accelerating US inflation that fueled concerns the Federal Reserve may need to keep interest rates elevated or even hike them. Data released earlier this week showed US wholesale inflation surged at its fastest pace since 2022 in April, while consumer prices posted their largest increase since 2023.