Gold & Silver Rates Today (30-04-2026) Live: Gold Rallies Above Rs 1.51 Lakh, Silver Up 3% As Oil Prices Dip

Gold rates and silver rates in India traded on a strong bullion note in the evening session of April 30. MCX gold price skyrocketed above Rs 1.51 lakh level with nearly 2% gains. While MCX silver neared Rs 2.41 lakh mark with over 3% upside.

The performance comes after spot gold recovered heavy losses and traded above $4,630 per ounce, while spot silver surged to near $74 per ounce. On the other hand, crude oil prices dropped by 1% to 2%. US WTI Crude price is near $105 per barrel, while Brent Crude dropped below $110 per barrel.

It needs to be noted that COMEX gold is near its 1-month low due to energy crisis which has intensified pushing inflationary fear and eliminating chances of rate cuts from central banks in 2026.

President Donald Trump said the US would keep its naval blockade on Iran in place until it agrees to a nuclear deal, while Tehran accused Trump of attempting to force the country into submission through economic pressure and internal divisions. The prolonged Middle East conflict and the near-shutdown of the Strait of Hormuz unsettled global markets, prompting traders to scale back bets on rate cuts this year and instead begin pricing in the possibility of a hike by 2027, as per Trading Economics.

The trends in commodity market is also fuel after US Federal Reserve's latest policy decisions. On April 29, the US Federal Reserve has kept key interest rates unchanged for the fifth consecutive policy in a row at 3.5% to 3.75%. However, in the April 29th meeting, the FOMC committee's split in opinion reached an 8-4 vote, the highest level of dissent since 1992. Many had also anticipated that this would be Jerome Powell's last policy. But Powell has announced that he will stay on Fed board as governor.

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Apr 30, 2026, 6:17 pm IST

Forex Market Live Updates: Rupee At Fresh Record Lows

The Indian rupee fell to around 95.1 per dollar, marking a fresh record low as mounting external pressures continued to strain currency markets. The currency is now heading toward its third straight weekly loss despite central bank efforts to curb speculation. The dollar’s renewed strength, driven by signals from Federal Reserve officials, has kept US yields elevated, maintaining its appeal to investors even as rates were left unchanged, as per Trading Economics.

Apr 30, 2026, 6:16 pm IST

Forex Market Live Updates: US Dollar Still Holds Around 99 Mark

The dollar index hovered near 99 on Thursday, sustaining recent gains after the Federal Reserve kept its policy rate unchanged as expected but adopted a more hawkish tone amid growing inflation concerns. Four policymakers also dissented from the decision, arguing the Fed should no longer signal a bias toward easing, underscoring rising internal divisions over the policy outlook as uncertainty increases due to the Iran conflict, as per Trading Economics.

Apr 30, 2026, 6:15 pm IST

Commodity Market Live Updates: Crude Oil Prices Fall

Crude oil prices pulled away from their early gains. In the evening, US WTI Crude dropped by more than 1% to trade around 5.7 per barrel, while Brent Crude also slipped by nearly 1% to trade around 9.7 per barrel. According to Axios, the briefing from US Central Command chief Admiral Brad Cooper signals that renewed combat operations are being seriously considered, with a plan for a short and intense wave of strikes reportedly under review.

Apr 30, 2026, 6:13 pm IST

Silver Rates Today Live Updates: Spot Silver Gains 3%

Spot silver recovered modestly from its 3-week lows and traded higher by 3-3.5% to around per ounce. Investors are monitoring geopolitical developments at Middle East. As per reports, US military is likely to brief President Donald Trump about potential action to take against Iran, while US naval blockade will continue at Strait of Hormuz. Iran has accused US of forcing them into submission via economic pressure.

Apr 30, 2026, 6:13 pm IST

Gold Rates Today Live Updates: Spot Gold Surges Above ,630

Gold climbed toward ,600 an ounce on Thursday, rebounding modestly from one-month lows as investors monitored geopolitical developments following reports that the US military would brief President Donald Trump on potential action against Iran, as per Trading Economics.

Apr 30, 2026, 6:08 pm IST

Silver Rates Today Live Updates: MCX Silver Price Skyrockets

MCX silver price further extended its rally to reach near Rs 2.41 lakh levels. Silver touched an intraday high of Rs 2,40,876 per 1Kg in the evening session. Currently, it is trading at Rs 2,40,372 per 1Kg, higher by Rs 7,172 or 3.08%.

Apr 30, 2026, 6:08 pm IST

Gold Rates Today Live Updates: MCX Gold Makes Big Jump

In the evening session, MCX gold price rallied by a whopping Rs 2,544 or 1.71% to trade at Rs 1,51,594 per 10 grams. The bullion is near its intraday high of Rs 1,51,890 per 10 grams.

Apr 30, 2026, 12:15 pm IST

Gold Rates & Silver Rates Today Live: Check How US Fed Rates Have Moved

The Fed kept the federal funds rate unchanged at the 3.5%–3.75% target range for a third consecutive meeting in April 2026, in line with expectations, as per Trading Economics. For April 2026 policy, there was a sharp dissent among FOMC members. 8 out of 12 FOMC members voted for pause in key rates. This split of 8-4 in FOMC policy decision, is the highest level of dissent since October 1992.

Apr 30, 2026, 12:11 pm IST

Gold & Silver Rates Live Updates: Fed Rates Kept Steady

FOMC's policy decisions are with an objective of achieving maximum employment and inflation rate of 2% for the longer run. However, the ongoing West Asia war has brought more uncertainty to the global environment, especially to inflation. Accordingly, to ensure its objectives are achieved, Fed has decided to hold rates at 3.25% and 3.75%. It needs to be noted that Fed has kept its rates unchanged since the December 2025 policy.

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Apr 30, 2026, 12:10 pm IST

Silver Rates Today Live Updates: Spot Silver Rises 2%

Silver traded around an ounce on Thursday, hovering at three-week lows as surging energy costs intensified inflation worries and strengthened expectations that major central banks may need to raise interest rates, as per Trading Economics. Spot silver is currently up by 1.7%.

Apr 30, 2026, 12:09 pm IST

Gold Rates Today Live Updates: Spot Gold Trades Near ,550

Gold traded between ,550 to ,580 per ounce on Thursday, racing towards its one-month lows owing to intensified surge in energy costs which has escalated inflation worries and strengthened expectations that major central banks may likely to hike interest rates ahead in 2026.

Apr 30, 2026, 12:07 pm IST

Silver Rates Today Live Updates: What Is MCX Silver Price Outlook?

Trading Ideas:
# Silver trading range for the day is 227865-241465.
# Silver dropped as stalled US-Iran peace talks and the ongoing closure of the Strait of Hormuz fueled concerns over rising inflation.
# President Donald Trump said Iran has called on the US to lift its naval blockade of the strait while negotiations to end the conflict continue.
# US housing starts rose 10.8% month-on-month to a seasonally adjusted annual rate of 1.502 million in March 2026

Technically, the market is undergoing long liquidation, with open interest plunging 40.42% to 1,603, signaling exit of bullish positions. Silver is currently finding support at ₹230,530, with further downside risk toward ₹227,865 if this level breaks. On the upside, resistance is seen at ₹237,330, and a sustained move above this could drive prices toward ₹241,465 in the near term: Kedia Advisory.

Apr 30, 2026, 12:07 pm IST

Gold Rates Today Live Updates: Trading Ideas For MCX Gold Price

Trading Ideas:
# Gold trading range for the day is 145935-153085.
# Gold prices fell as inflation ‌worries tied to the ongoing conflict in the Middle East clouded the outlook for monetary.
# The Fed held the funds rate steady at 3.5%–3.75% for a third meeting, as the outlook for the rest of the year remains uncertain.
# Global gold demand rose 2% year-on-year to 1,230.9 metric tons in the first quarter of 2026

Technically, the market is witnessing fresh selling pressure, with open interest rising 3.78% to 9,539, signaling new short positions. Gold has immediate support at ₹147,495, with a downside risk toward ₹145,935. On the upside, resistance is seen at ₹151,070, and a breakout above this level could push prices toward ₹153,085: Kedia Advisory.

Apr 30, 2026, 12:02 pm IST

Silver Rates Today Live Updates: MCX Silver Extends Rally

MCX silver price extended its rally on April 30, outperforming gold in the process. On the last day of the month, MCX silver currently traded at Rs 2.37 lakh per 1Kg, up by Rs 3,800 or 1.63%.

Apr 30, 2026, 11:59 am IST

Gold Rates Today Live Updates: MCX Gold Price Reclaims Rs 1.50 Lakh

After hitting an intraday low of Rs 1,49,069 per 10 grams in the opening bell of April 30, MCX gold price has reclaimed its Rs 1.50 lakh mark, making a significant recovery. At the time of writing, MCX gold traded at Rs 1,50,19 per 10 grams, which is near its intraday high of Rs 1,50,168 per 10 grams.