Gold rates and silver rates in India dropped sharply on April 13, following weak global cues after US-Iran talks failed, keeping the ongoing Middle East crisis on the edge. Spot gold price dropped by 2% to trade below $4,700 per ounce, and Spot Silver plunged by nearly 2% to trade below $75 per ounce.
MCX gold price tumbled by over Rs 1,100 or nearly 1% to struggle around Rs 1,51,500 per 10 grams mark. MCX silver plummeted by nearly 2% to trade around Rs 2,38,600 per 1Kg level.
On the other hand, crude oil prices climbed by nearly 7% to 9% to trade above 100 mark. US WTI crude is near $105 per barrel and Brent Crude is above $102 per barrel. The dollar climbed as well above 99 mark, recovering part of last week's losses.
The fear of global energy crisis has taken a toll among investors after failed talks between US and Iran, and the continued blockade on Strait of Hormuz.
The restrictions will apply only to vessels entering or leaving Iranian ports starting at 10 a.m. Eastern Time. Negotiations in Pakistan failed to produce an agreement, with the US accusing Tehran of refusing to curb its nuclear ambitions, while Iran reportedly sought control of the strait, war reparations, a regional ceasefire, and access to frozen overseas assets. The effective shutdown of the critical shipping route has driven energy prices sharply higher and intensified inflation risks, reinforcing expectations that central banks may delay rate cuts or even tighten policy further. This dynamic has weighed on gold, leaving it down more than 10% since the conflict began, as per Trading Economics.
LIVE Feed
Apr 13, 2026, 1:56 pm IST
Silver Rates Today Live: MCX Silver Outlook
MCX Silver opened with a gap down and is currently hovering above ₹2,38,000, with safe-haven demand and strength in industrial metals offering only limited support amid elevated volatility. Resistance is placed at ₹2,40,000, and any recovery toward this level is likely to face selling pressure. On the downside, a decisive break below ₹2,37,000 could accelerate selling toward the ₹2,35,000–₹2,33,000 range. While the overall tone remains cautious, with macro factors offering limited support, while momentum appears weak and lacks conviction to sustain any meaningful recovery: Ponmudi R, CEO of Enrich Money.
Apr 13, 2026, 1:56 pm IST
Gold Rates Today Live: MCX Gold Price Outlook Ahead
MCX Gold opened with a mild gap down and is trading within ₹1,51,500-₹1,52,000 range with limited buying interest at lower levels, though momentum remains gradual and unconfirmed. A sustained move above ₹1,54,000 could revive momentum toward ₹1,55,000. On the downside, a break below ₹1,51,000 may extend weakness toward ₹1,50,000 and further to ₹1,48,000. The bias remains slightly cautious, with macro factors offering limited support; however, momentum continues to lack conviction, and failure to hold key support levels could weaken the trend further: Ponmudi R, CEO of Enrich Money.
Silver is trading below the level, reflecting a weak undertone with price action lacking conviction despite limited support from industrial demand. Failure to reclaim may keep selling pressure intact, while a decisive break below could accelerate the decline toward –. On the upside, a sustained move above may help revive momentum and extend prices toward the – range: Ponmudi R, CEO of Enrich Money.
Apr 13, 2026, 1:56 pm IST
Gold Rates Today Live: COMEX Gold Outlook Ahead
COMEX Gold is trading within the ,700–,750 range, holding above key moving averages but with limited upside momentum and a cautious undertone. A break below ,650 could accelerate selling toward ,600–,570 and further to ,530–,500. On the upside, a move above ,750–,770 may push prices toward ,800–,830, with potential extension to ,900. Overall, the structure remains weak, with downside risks prevailing, while any recovery is likely to face resistance at higher levels: Ponmudi R, CEO of Enrich Money.
Apr 13, 2026, 11:19 am IST
Gold Rates Today Live Updates: How US CPI Impacts Gold?
The March CPI report revealed headline inflation jumping to 3.3% (the highest since May’24), driven by a massive 10.9% spike in energy costs. While high inflation often supports gold as a hedge, it has also tempered expectations for aggressive Fed rate cuts, keeping the Fed funds rate projections steady in the 3.50%–3.75% range: Axis Securities.
Apr 13, 2026, 10:17 am IST
Gold Rates & Silver Rates Today Live: Energy Crisis At Hormuz Impacts Precious Metals
US announced that, effective immediately, the US navy ships will prevent ships that are using the Strait of Hormuz while accusing Iran for extorting them. US President Donald Trump stated that US will implement a blockade of all maritime traffic from Iran ports with effect from 10 am of April 14. Vessels will be allowed from non-Iranian ports. The latest move is to stop Iran from selling any oil and gas through their ports, which would impact the Islamic regime gravely.
The talks in Islamabad between US and Iran with Pakistan being the mediator, became an utter failure. Both Iranian officials and US Vice President JD Vance have stated that their significant differences remain. Vance said, "We haven't seen that yet. We hope that we will."US needs IRAN's commitment to never develop a nuclear weapon.
Apr 13, 2026, 10:16 am IST
Commodity Market Live Updates: Crude Oil Prices Rally
US WTI Crude Oil Futures jumped by 9.3% to trade around 5 per barrel on Monday, recovering losses from last week. Meanwhile, Brent Crude jumped by 8% to trade around 3 per barrel.
Apr 13, 2026, 9:41 am IST
Silver Rates Today Live: Spot Silver Plunged By 3%
Spot silver price nosedived by 3% to hit below per ounce mark, giving up gains of last week. This comes after US announced to block Strait of Hormuz to stop Iran from selling oil and gas. This has worsened global energy crisis situation.
Apr 13, 2026, 9:39 am IST
Gold Rates Today Live: Spot Gold Erases ,700
Spot gold price nosedived by 2% to trade below ,700 per ounce. This comes after US and Iran's much-awaited talks failed. Also, the blockade at Strait of Hormuz continued, keeping global energy crisis concerns heightened.
Apr 13, 2026, 9:36 am IST
Silver Rates Today Live Updates: MCX Silver Crashes Over 2%
MCX silver price took the worst hit on April 13. At the time of writing, silver traded at Rs 2,38,245 per 1Kg, down by Rs 5,029 or 2.07%. The silver has touched an intraday low of Rs 2,37,190 per 1kg.
Apr 13, 2026, 9:35 am IST
Gold Rates Today Live: MCX Gold Falls 1%
In the early trade, MCX gold rate plunged by more than Rs 1,100 or 0.73% to struggle around Rs 1,51,500. The bullion has touched an intraday low of Rs 1,51,457 per 10 grams. At the time of writing, MCX gold traded at Rs 1,51,850 per 10 grams, down by Rs 802 or 0.53%.
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