Gold, silver rate today LIVE 24 March 2026: Gold, silver prices rebound; are they following the stock market?
Gold, silver rate crash today LIVE: Gold and silver prices opened under pressure as the WTI crude oil prices recovered during the early morning session on Tuesday
Gold, silver rate crash today LIVE: Following the recovery in the WTI crude oil and the US dollar rates, the gold and silver prices opened with downside pressure during the early morning deals on Tuesday. The WTI crude oil price today opened with an upside gap and reached an intraday high of $91.67 per barrel, logging a gain of more than 4%. The US Dollar Index surged by around 0.25% but remains close to the 99 level. This put the precious metals under pressure. The COMEX gold rate today opened with a downside gap and touched an intraday low of $4,362.61/oz, losing over one per cent against its previous day's close. Likewise, the COMEX silver rate today opened lower and touched an intraday low of $66.953/oz, logging more than 2.50% loss against its previous day's close.
On Monday, the gold and silver prices recovered after taking a sharp beating on Monday, March 23, after US President Donald Trump signalled a thaw in the Middle East conflict.
Gold prices tumbled as much as 10% in the domestic futures market on the MCX to below ₹130,000 per 10 grams. However, they recovered and were trading 4% lower. Meanwhile, silver futures tanked almost 12% and slipped below ₹2,00,000 lakh at day's low and were also off lows and trading down 3%.
Trump said he had asked the Department of Defence to postpone "any and all" military strikes against Iranian power plants and energy infrastructure for five days, suggesting a thaw in Middle East tensions.
If there is any meaningful de-escalation in geopolitical tensions and clarity on rate cuts, gold could witness a sharp recovery, with $5000 not ruled out on the upside, said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities. Request you to please incorporate his views in your story.
Is it wise to buy gold and silver ETFs?
Amid highly volatile gold and silver prices, it is better to invest in the gold and silver ETFs as the prices are still high and one can invest in gold and silver from small amount, which means nothing in the physical bullion retail market.
— Anuj Gupta, a SEBI-registered market expert
Are gold and silver prices following equities?
The recovery in the Indian stock market today was broad-based, with all sectors ending in positive territory. Travel and tourism stocks, which had been sharply under pressure in recent sessions, staged a strong rebound, gaining nearly 4% as hopes of a temporary pause in geopolitical tensions lifted sentiment. Autos, banking, media, and IT stocks also posted solid gains of 2–3%, reflecting a relief-driven bounce rather than aggressive risk-on positioning.
Precious metals mirrored this trend, with both gold and silver recovering in the second half after a weak opening, stabilising near previous levels as markets awaited clearer directional cues.
— Ponmudi R, CEO of Enrich Money
Why are gold and silver prices falling?
That said, gold and silver prices have erased 2026 gains amid the Middle East conflict. The steep decline is being attributed to rising inflation concerns and a surge in crude oil prices, which have weighed on the global economic outlook. Additionally, a stronger US dollar and higher bond yields have triggered liquidity-driven selling, reducing gold’s appeal as a safe-haven asset.
Analysts note that the sell-off has been driven largely by forced liquidation and cash-raising by institutional investors, particularly from the Gulf region. In times of heightened uncertainty, investors often sell highly liquid assets like gold to raise cash, rather than holding them as safe havens.
This should not be interpreted as a failure of gold as a hedge, but rather as a phase where liquidity stress temporarily overrides its defensive appeal, said Anindya Banerjee, Head of Commodity and Currency Research, Kotak Securities.
Track this space for LIVE updates on gold, silver prices crash today
Gold, silver rate today LIVE 24 March 2026: Is it wise to buy gold, silver ETFs?
Amid highly volatile gold and silver prices, it is better to invest in the gold and silver ETFs as the prices are still high and one can invest in gold and silver from small amount, which means nothing in the physical bullion retail market.
— Anuj Gupta, a SEBI-registered market expert
Gold, silver rate today LIVE 24 March 2026: Are gold and silver prices following equity markets?
The recovery in the Indian stock market today was broad-based, with all sectors ending in positive territory. Travel and tourism stocks, which had been sharply under pressure in recent sessions, staged a strong rebound, gaining nearly 4% as hopes of a temporary pause in geopolitical tensions lifted sentiment. Autos, banking, media, and IT stocks also posted solid gains of 2–3%, reflecting a relief-driven bounce rather than aggressive risk-on positioning.
Precious metals mirrored this trend, with both gold and silver recovering in the second half after a weak opening, stabilising near previous levels as markets awaited clearer directional cues.
— Ponmudi R, CEO of Enrich Money
Gold, silver rate today LIVE 24 March 2026: Outlook for gold price today
Gold remained highly volatile, with prices recovering from a weak opening near ₹136500 to around ₹140000, largely driven by short covering and easing geopolitical risk sentiment. The rebound comes after reports that US President Donald Trump has advised halting further military action against Iran, raising hopes of possible de-escalation.
However, the upside remains capped, as the broader macro environment remains unsupportive. Despite temporary relief, markets continue to factor in inflation risks from elevated crude prices and uncertainty around the interest rate trajectory, which keeps gold sentiment fragile.
On the domestic front, gold is holding strong support near ₹135000, while resistance is placed around ₹142000. Price action is expected to remain highly sensitive to geopolitical headlines, with volatility likely to persist as markets react to any further developments in the ongoing conflict.
— Jateen Trivedi, VP Research — Commodity & Currency at LKP Securities
Gold, silver rate today LIVE 24 March 2026: Why did gold prices rebound?
Gold prices rebounded from a low of $4,098 after a tweet from former President Trump indicated positive developments regarding Iran and that its power infrastructure would not be targeted for five days. This news triggered a sharp decline in the Dollar Index and oil prices, providing support to gold at lower levels. However, the daily chart suggests the near-term trend remains bearish, as prices continue to trade below the 9-day EMA, signalling potential further weakness.
— Axis Securities
Gold, silver rate today LIVE 24 March 2026: Gold, silver turn green paring morning losses
After a gap-down opening during the early morning deals, the gold and silver prices witnessed value buying at lower levels. Now, gold and silver prices are trading green in India and internationally. The COMEX gold rate is around $4,450/oz after hitting an intraday high of $4,482/oz.
Likewise, the COMEX silver price is currently around $70/oz after climbing to an intraday high of $70.730/oz.
Gold, silver rate crash today LIVE: Axis Securities commentary on silver price movement
Comex Silver witnessed extreme volatility in the last session, rallying from a low of $61 to around $70, driven by hopes of a potential diplomatic breakthrough between the US and Iran, which sparked a broad recovery across precious metals. The US announcement of a five-day pause in planned strikes on Iranian energy infrastructure provided a crucial boost for non-yielding assets. While Tehran has dismissed reports of productive talks, the US move signals a growing focus on curbing energy-driven inflation, which has been weighing on global risk appetite.
— Axis Securities
Gold, silver rate crash today LIVE: US-Iran war news
The environment remains far from stable, with markets continuing to be highly event-driven, especially after senior Iranian officials categorically denied President Trump’s remarks on back-channel negotiations. In this context, investors should closely monitor oil prices, the rupee, and FII flows, as these continue to influence domestic market sentiment. While the near-term tone has turned positive, the sustainability of this move will depend on stability across these variables, as well as any meaningful diplomatic breakthrough toward easing tensions in the Middle East. This appears to be a relief rally phase rather than a confirmed trend reversal.
Gold, silver rate crash today LIVE: Why USD vs INR movement matters?
USD/INR is trading above 93.8, continuing its upward trajectory and reflecting sustained pressure on the rupee. The structure remains bullish with higher highs and higher lows. A move above 94.00 can push the pair toward 94.1 and potentially new highs. Immediate support is seen at 92.9–93.2. The rupee is likely to remain under pressure amid strong dollar demand and global uncertainty.
— Ponmudi R, CEO at Enrich Money
Gold, silver rate crash today LIVE: Oil price in focus
US Oil is trading above $91 with a mildly positive structure supported by geopolitical factors.
The $92–$93.5 zone is immediate resistance. A breakout above $94 can extend the rally toward $98–$100 and potentially $102–$103. On the downside, $88–$90 acts as support, followed by stronger support at $84–$86. The bias remains buy-on-dips as long as support holds.
MCX Crude Oil opened with a gap-up and is trading above ₹8,640, indicating improving short-term momentum. Sustaining above ₹8,800 is critical for continuation toward ₹9,200 to ₹9,600. Beyond this, a retest of previous highs is possible. On the downside, ₹8,300 is the immediate support. A break below this can drag prices toward ₹7,900 to ₹8,000. The outlook remains cautiously positive.
— Ponmudi R, CEO of Enrich Money
Gold, silver rate crash today LIVE: Outlook for MCX silver price today
MCX Silver is trading in the ₹2,15,000– ₹2,20,000 range after a sharp gap-down, reflecting continued selling pressure. Immediate resistance is seen at ₹2,24,000– ₹2,28,000. A move above ₹2,30,000 can trigger recovery toward ₹2,34,000– ₹2,38,000. On the downside, a break below ₹2,12,000– ₹2,14,000 can accelerate the fall toward ₹2,08,000– ₹2,10,000, and further toward ₹2,00,000– ₹2,05,000. The bias remains bearish.
Ponmudi R, CEO at Enrich Money
Gold, silver rate crash today LIVE: Why is silver price nosediving?
COMEX Silver is holding above $64 after a corrective phase, but continues to trade with a bearish undertone. Industrial demand is offering limited support, but momentum remains weak.
The $68–$70 zone is a strong resistance band. A breakout above $70 is required for a bullish reversal toward $72–$74. Failure to hold above $65 can push prices toward $64–$61, with deeper support at $57–$59. The trend remains weak unless resistance is broken.
— Ponmudi R, CEO of Enrich Money
Gold, silver rate crash today LIVE: Why is silver price falling faster than gold?
Due to renewed inflation fears, the market is expecting a dip in the industrial demand for silver. As silver has around 60% of its demand in industry, the white metal is falling faster than gold.
— Amit Goel, Chief Global Strategist at PACE 360
Gold, silver rate crash today LIVE: White metal slips despite de-escalation in geopolitical tension
MCX silver prices extended their decline, cracking 4.21% or ₹9,474 at ₹215,693 per kg, while MCX gold also slipped 1.77% or ₹2,460 to ₹136,800 per 10 grams.
In the global market, Spot silver declined by 2.9% to $67.11 per ounce, while Spot gold dropped 1.6% to $4,335.18 per ounce, according to the data from 0227 GMT. The metal reached its lowest point since November 24 on Monday.
Gold, silver rate crash today LIVE: Triggers for gold price today
The gold price decline is largely driven by rising inflation risks, which are altering expectations around the rate-cut cycle, with markets now pricing in a more prolonged, higher-interest-rate environment. Additionally, persistent geopolitical tensions in Western Asia are keeping crude prices elevated, further reinforcing inflation concerns and weighing on gold sentiment.
— Jateen Trivedi, VP Research — Commodity & Currency at LKP Securities
Gold, silver rate crash today LIVE: Outlook for the COMEX gold price today?
Despite gold’s traditional safe-haven appeal, the current macro setup—strong dollar and higher yields is exerting downward pressure on prices,” the LKP Securities expert said, adding, “From a technical and macro perspective, downside levels of $4000 and $3600 remain open in the short term. However, if there is any meaningful de-escalation in geopolitical tensions and clarity on rate cuts, gold could witness a sharp recovery, with $5,000 not ruled out on the upside.
— Jateen Trivedi, VP Research — Commodity & Currency at LKP Securities
Gold, silver rate crash today LIVE: Why is gold price falling today?
Despite the de-escalation in the US-Iran war, Anuj Gupta, a SEBI-registered market expert, said, “Despite de-escalation in the US-Iran war, the US dollar is strong because inflation concern is still there. This is due to the devastation of oil infrastructure in the Middle East. Despite the de-escalation in the Middle East crisis, recovery will take time, and the market believes that the US Federal Reserve and other Central Banks may not cut interest rates in the near term.
In fact, the US Fed and other central banks may offload their gold reserves, which they have accumulated to counter Trump's tariffs. That's why gold prices are falling despite the de-escalation in the US-Iran war.
— Anuj Gupta, a SEBI-registered market expert
Gold, silver rate crash today LIVE: Outlook for the MCX gold price today
MCX gold rate today is in a broader range of ₹1,28,000 to ₹1,40,000. On breaking above ₹1,40,000, we can expect the precious metal to touch ₹1,45,000 and ₹1,50,000 per 10 gm levels. On the downside, if it breaks below the ₹1,28,000 level, we can expect gold prices in India to come close to the ₹1,20,000 per 10 gm level.
— Anuj Gupta, a SEBI-registered market expert
Gold, silver rate crash today LIVE: Yellow metal opens lower on MCX
Despite de-escalation in the US-Iran war, the MCX gold rate today opened with a gap down at ₹1,38,411 per 10 fm and touched an intraday low of ₹1,36,762, logging around 2% intraday loss on Tuesday. In the international market, the COMEX gold rate today had a weak opening during the early morning session in the Asian markets today. The COMEX gold rate is currently around $4,375/oz, nearly 1.5% below yesterday's close.
Gold, silver rate crash today LIVE: Why are gold, silver prices falling?
That said, gold and silver prices have erased 2026 gains amid the Middle East conflict. The steep decline is being attributed to rising inflation concerns and a surge in crude oil prices, which have weighed on the global economic outlook. Additionally, a stronger US dollar and higher bond yields have triggered liquidity-driven selling, reducing gold’s appeal as a safe-haven asset.
— Anuj Gupta, a SEBI-registered market expert
Gold, silver price today LIVE: Outlook for the COMEX silver price today
The COMEX silver rate today has crucial support placed at $62/oz. On breaking below this support on a closing basis, the precious metal may approach its next support at $55/oz. On the upper side, the precious metal is facing a hurdle at $70. However, the silver rate today is expected to remain in a broader $63 to $78 per ounce range.
— Anuj Gupta, a SEBI-registered market expert