Gold, Silver Rates Highlights: COMEX silver jumps over 5%, gold above $5,000/oz

After strong profit-taking ahead of Wednesday's close, gold and silver prices opened with a large upside gap on Thursday. The COMEX gold is up over 1.25% and trading above the psychological $5,000/oz.

The COMEX silver rate today opened with big upside and gained over 5% during the early morning session in the Asian trade. The white metal is trading above $88/oz.

After a profit-booking trigger at the intraday high, gold and silver prices erase their Wednesday's gains. At COMEX, the gold price turned red by losing around $200/oz from today's high of $5,113.50/oz. On MCX, gold price lost around ₹8,000 from today's high of ₹1,60,755 and turned red by a sizeable margin from yesterday's close.

Likewise, the COMEX silver price lost around $7.50/oz from its high of around $92/oz today. The MCX silver rate is down by around ₹21,000 from today's high of ₹2,91,390 per kg. However, the silver price is still green in India and in the international market.

After the profit-booking trigger at higher levels, the COMEX gold price tumbled from higher levels. The precious yellow metal is trading around $4,913/oz, 4200 below the intraday high of $5,113.50/oz.

This rally is short-lived. Those who held positions at higher levels on Friday morning and are still holding them are advised to book their profit/loss on this rebound and exit. These rebounds should be treated as dead-cat bounces, where the fall will be greater than the rebound.

— Amit Goel, Chief Global Strategist at PACE 360

I personally believe that gold and silver prices have topped out last Friday morning when both the precious metals climbed to a new peak before sharp selling triggered. However, if gold rates today or in the coming one to two sessions break above $5,400 per ounce on a closing basis, we can expect the precious yellow metal to climb to a new peak. Likewise, if the silver rate today or in the next one to two sessions breaks above $95 per ounce mark on a closing basis, then we can expect the precious white metal to hit a new peak, provided it remains above $95 per ounce levels without coming below this psychological mark.

— Amit Goel, Chief Global Strategist at PACE 360

After hitting an intraday high of ₹2,91,390 per kg, the precious white metal failed to sustain at higher levels after the profit-booking trigger. Currently, MCX silver rate is around ₹2,73,500 per kg, which is ₹18,000 below the intraday high.

Gold and silver prices today came under the profit-booking trigger and retraced from today's high. After hitting an intraday high of ₹2,60,755 per 10 gm, the MCX gold rate failed to sustain at higher levels after the profit-taking trigger. Currently, the MCX gold rate is around ₹1,53,642 per 10 gm, around ₹7,000 below today's high.

Gold prices dropped 0.49% or ₹751 per 10 grams to ₹153,058 per 10 grams as of 9:34 p.m. (IST) on Wednesday, compared to ₹153,809 per 10 grams, according to the MCX data.

Silver prices on the Multi-Commodity Exchange (MCX) were trading 2.72% or ₹7,301/kg higher at ₹275,316/kg, compared to ₹268,015/kg according to the exchange data.

Global investment giant, Goldman Sachs, said that it saw significant upside risk to its $5,400 year-end forecast for gold on central banks maintaining their recent pace of accumulation alongside private investors stepping up gold ETF purchases.

Multi-Commodity Exchange (MCX) data showed that the gold prices for the April contract were trading 3.46% or ₹5,322 per 10 grams higher at ₹159,131 per 10 grams as of 6:14 p.m. (IST), compared to ₹153,809 per 10 grams at the previous commodity market close.

While MCX silver prices were trading 5.96% or ₹15,985/kg higher at ₹284,000/kg as of 6:15 p.m. (IST) on Wednesday, compared to ₹268,015/kg at the previous market close, according to the exchange data.

This rally is short-lived. Those who held positions at higher levels on Friday morning and are still holding them are advised to book their profit/loss on this rebound and exit. These rebounds should be treated as dead-cat bounces, where the fall will be greater than the rebound.

— Amit Goel, Chief Global Strategist at PACE 360

I personally believe that gold and silver prices topped out last Friday morning, when both precious metals reached new highs before sharp selling was triggered. However, if gold rates today or in the coming one to two sessions break above $5,400 per ounce on a closing basis, we can expect the precious yellow metal to climb to a new peak. Likewise, if the silver rate today or in the next one to two sessions breaks above the $ 95-per-ounce mark on a closing basis, then we can expect the precious white metal to hit a new peak, provided it remains above $95 per ounce without falling below this psychological mark.

— Amit Goel, Chief Global Strategist at PACE 360

MCX Silver witnessed a sharp correction earlier but has since stabilised and turned higher on fresh buying interest. Prices are currently trading near key structural levels in the ₹2,74,000– ₹2,88,000 range after rebounding from last week’s low near ₹2,25,000. The correction has helped reset momentum, with dips attracting buyers and the broader uptrend remaining intact as long as major supports hold. The ₹2,20,000– ₹2,35,000 zone remains a strong structural base. Immediate resistance is seen at ₹2,90,000– ₹3,00,000, with potential extension toward ₹3,25,000 if momentum sustains. Dips continue to offer accumulation opportunities for positional participants.

— Ponmudi R, CEO at Enrich Money

COMEX Silver is consolidating within the $79–$90 zone after testing record highs above $121.6. The metal has regained upward momentum and continues to trade within its broader rising structure. Importantly, prices are holding above key moving averages, suggesting healthy consolidation rather than trend exhaustion. Support is placed at $74–$80, while a sustained breakout above $100–$105 could trigger the next impulsive move toward $116–$121 over the intermediate term. Structural supply deficits and steady industrial demand continue to underpin the bullish bias.

— Ponmudi R, CEO at Enrich Money

Silver and gold could witness continued upside rallies, but these gold-silver ratio levels serve as a pivot point for rotating holdings from silver into gold, as gold is relatively cheaper at GSR levels of 60 or below. The "mean reversion" expected the ratio to rise again from 42 levels, which indeed happened. The outcome was with a sacrifice of Silver’s price crash, and now it’s time for Gold to outperform Silver in the coming months.

— NS Ramaswamy, Head of Research at Ventura Securities

MCX Gold futures are trading near key structural levels within the ₹1,52,000– ₹1,60,000 range after correcting from record highs near ₹1,80,779. Following the decline, prices have stabilised and turned higher, with buying interest clearly visible on dips. The rising channel structure remains intact, indicating that the corrective phase has largely been absorbed. A sustained hold above ₹1,68,000 could revive upside momentum toward ₹1,80,000, keeping the medium-term outlook constructive despite ongoing near-term volatility.

— Ponmudi R, CEO at Enrich Money

Strong buying interest continues to emerge in the $4,600–$4,800 support band, reinforcing this zone as a critical demand base. A sustained consolidation above $5,000 could set the stage for the next leg higher, while a decisive breakout above $5,100–$5,200 would reopen upside toward prior peaks.

— Ponmudi R, CEO at Enrich Money

COMEX Gold is trading near the $5,000–$5,100 reference zone after cooling off from the sharp spike above $5,000. The recent decline has helped reset momentum indicators, allowing the broader uptrend to gradually re-emerge. Prices have stabilised, reclaimed key moving averages, and are now signalling trend resumption rather than exhaustion.

— Ponmudi R, CEO at Enrich Money

Markets are now focused on US ADP non-farm payrolls data and final services PMI readings from major global economies. However, the primary focus remains on Friday’s official US jobs report for signals on the timing of the next Federal Reserve rate cut. CME FedWatch currently shows no easing priced in until May, with June reflecting just a 44.1% probability of a 25bp cut versus a 44.9% chance of rates being held unchanged.

— Kaynat Chainwala, AVP — Commodity Research at Kotak Securities

Spot gold extended gains for a second consecutive session today, surging above $5,050/oz after rebounding sharply from lows below $4,500/oz hit last week. The rally was supported by a softer dollar and aggressive dip-buying following a brutal sell-off that had pushed prices nearly 20% below record highs. Spot silver also advanced, climbing above $90/oz after a recent sell-off that had left prices more than 40% below record levels. This follows yesterday’s strong rebound, when spot gold jumped more than 6% to settle above $4,945/oz, its largest single-day gain since November 2008, while silver surged 7.5% to $85.2/oz.

— Kaynat Chainwala, AVP — Commodity Research at Kotak Securities

Gold and silver prices rebounded from their recent lows, climbing back above $5,000 and $87 respectively, after two consecutive sessions of sharp selling. Markets have largely absorbed the nomination of Kevin Warsh as the new Fed Chairman. Safe-haven buying strengthened amid rising geopolitical tensions, after U.S. forces shot down an Iranian drone, although diplomatic talks are still expected to continue. Support also came from a partial U.S. government shutdown and profit-taking in the dollar index from its highs.

Extending the earlly morning gains, the MCX silver price is currently quoting over 6% upside at ₹2,84,.359 per kg.

Gold, Silver Rates Today LIVE: Domestic gold and silver prices in major Indian cities reflect broad strength, with both metals seeing solid upticks after recent declines that followed heavy profit booking. The softer US dollar and renewed inflows into bullion contracts are supporting the rally, although volatility remains elevated. Near‑term consolidation around current levels could continue as markets balance technical factors with macro cues, said Gaurav Garg, Research Analyst at Lemonn Markets Desk.

Gold, Silver Rates Today LIVE: The US dollar edged down against the euro as a delay in releasing key jobs data due to a partial government shutdown added to uncertainty over the Federal Reserve’s policy path, Reuters reported. Meanwhile, the Japanese currency was on track for its fourth straight daily fall versus the greenback ahead of national elections.

The dollar index, which measures the greenback against six major currencies, was roughly unchanged at 97.33. The euro was 0.13% stronger at $1.1833, Sterling rose 0.2% to $1.3727. The yen was 0.44% softer at 156.43 per dollar, its weakest since January 23.

Gold, Silver Rates Today LIVE: Goldman Sachs said that it saw significant upside risk to its $5,400 year-end forecast for gold on central banks maintaining their recent pace of accumulation alongside private investors stepping up gold ETF purchases.

Gold, Silver Rates Today LIVE: Spot silver price rose 5% to $89.38 an ounce. It touched a record high of $121.64 on Thursday but fell to a month-low at $71.33 on Monday having registered a record single-session price wipe-out of 27% on Friday.

Gold, Silver Rates Today LIVE: Gold prices bounced back to near $5,100 on safe-haven demand as renewed geopolitical tensions between the US and Iran added to the yellow metal’s appeal a day after it posted its best day in over 17 years.

Spot gold price shot up 2.8% to $5,076.01 per ounce, after surging 5.9% on Tuesday, its biggest daily gain since November 2008. Bullion scaled a record high of $5,594.82 last Thursday. US gold futures for April delivery climbed 3.3% to $5,097.20 per ounce.

Gold, Silver Rates Today LIVE: MCX gold rate was trading higher by ₹5,994, or 3.90%, at ₹1,59,803 per 10 grams level. Yellow metal on MCX hit an intraday high of ₹1,60,755 level. MCX silver price was at ₹2,82,399 per kg, up by ₹14,384, or 5.37%. Silver price touched an intraday high of ₹2,84,094 level.

Gold, Silver Rates Today LIVE: China’s four largest gold-backed exchange-traded funds saw combined outflows of nearly $1 billion on Tuesday, according to data compiled by Bloomberg — the biggest ever one-day decline and a sign of how investor confidence has been rattled. Last week, the same ETFs were notching record inflows.

Gold, Silver Rates Today LIVE: When the gold-silver ratio drops below 60, it’s time to book profits in silver or rebalance portfolios to avoid a sharper drop due to higher volatility. A gold-silver ratio of 60 or below is where gold appears to be better positioned for risk-reward. One should commence accumulation.

From the high GSR levels of 109 during August 2025 the sentiments were indicative for a GSR correction. The market sentiment of the falling GSR towards 60 levels strengthened the fundamentals of a strong industrial demand. The overvaluations occurred with sharp decline from GSR 60 to GSR 46 levels leading to a crash. Trading Strategies - The 80/60 Rule: A common strategy is to buy silver when the ratio is above 80 and rotate into gold when it falls below 60, said NS Ramaswamy - Head of Research - Ventura Securities.

Gold, Silver Rates Today LIVE: At present gold-silver ratio (GSR) ranges around 60, recovering from 46, after a period of extreme volatility and crash in the bullion pack. Silver was indeed in an overbought zone while typically signaling that silver significantly outperformed gold and is now trading in the Gold Silver Ratio’s historical long term average range of 60-65 with just a moderate overbought levels for silver. Silver and Gold could witness continued upside rallies, but these GSR levels serve as a pivot point to rotate holdings from Silver into Gold, as gold is relatively cheaper when compared at GSR levels of 60 or below. The "mean reversion" expected the ratio to rise again from 46 levels, which indeed happened. The outcome was with a sacrifice of Silver’s price crash and now it’s time for gold to outperform Silver in the coming months, said NS Ramaswamy - Head of Research - Ventura Securities.

Gold, Silver Rates Today LIVE: Comex silver price is consolidating within the $79–$90 zone after testing record highs above $121.6. The metal has regained upward momentum and continues to trade within its broader rising structure. Importantly, prices are holding above key moving averages, suggesting healthy consolidation rather than trend exhaustion. Support is placed at $74–$80, while a sustained breakout above $100–$105 could trigger the next impulsive move toward $116–$121 over the intermediate term. Structural supply deficits and steady industrial demand continue to underpin the bullish bias, said Ponmudi R, CEO of Enrich Money.

Gold, Silver Rates Today LIVE: Comex gold price is trading near the $5,000–$5,100 reference zone after cooling off from the sharp spike above $5,000. The recent decline has helped reset momentum indicators, allowing the broader uptrend to gradually re-emerge. Prices have stabilised, reclaimed key moving averages, and are now signalling trend resumption rather than exhaustion. Strong buying interest continues to emerge in the $4,600–$4,800 support band, reinforcing this zone as a critical demand base, said Ponmudi R, CEO of Enrich Money.

According to him, a sustained consolidation above $5,000 could set the stage for the next leg higher, while a decisive breakout above $5,100–$5,200 would reopen upside toward prior peaks.

Gold, Silver Rates Today LIVE: The recent correction in MCX silver price has helped reset momentum, with dips attracting buyers and the broader uptrend remaining intact as long as major supports hold. The ₹2,20,000 – ₹2,35,000 zone remains a strong structural base. Immediate resistance is seen at ₹2,90,000 – ₹3,00,000, with potential extension toward ₹3,25,000 if momentum sustains. Dips continue to offer accumulation opportunities for positional participants, said Ponmudi R, CEO of Enrich Money.

Gold, Silver Rates Today LIVE: Gold price has support at $4,855 - $4,775, while resistance at $5,060 - $5,150. Silver price has support at $79.80 - $74.75, while resistance is at $89.15 - $94.80. MCX gold rate has support at ₹1,47,650 - ₹1,45,310, while resistance at ₹1,52,850 - ₹1,55,950. MCX silver price has support at ₹2,59,810 - ₹2,52,170, while resistance at ₹2,74,810 - ₹2,80,470 level, said Rahul Kalantri, VP Commodities, Mehta Equities Ltd.

Gold, Silver Rates Today LIVE: MCX gold rate was trading higher by ₹5,883, or 3.82%, at ₹1,59,692 per 10 grams level. MCX silver price was up by ₹14,448, or 5.39%, at ₹2,82,463 per kilogram.

Gold, Silver Rates Today LIVE: MCX gold price has stabilised and turned higher, with buying interest clearly visible on dips. The rising channel structure remains intact, indicating that the corrective phase has largely been absorbed. A sustained hold above ₹1,68,000 could revive upside momentum toward ₹1,80,000, keeping the medium-term outlook constructive despite ongoing near-term volatility, said Ponmudi R, CEO of Enrich Money.

Gold, Silver Rates Today LIVE: Rising geopolitical tensions over US-Iran conflict also supported gold prices. The US military said it shot down an Iranian drone that “aggressively” approached the Abraham Lincoln aircraft carrier in the Arabian Sea.

Gold, Silver Rates Today LIVE: According to Ajay Kedia, the view for MCX silver price today remains positive. He noted that MCX silver rate today may face resistance at ₹3,00,000 level, and support is seen at ₹2,71,600 level.

Gold, Silver Rates Today LIVE: The trend for MCX gold rate today remains positive, said Ajay Kedia, Director, Kedia Advisory. According to him, key resistance of MCX gold price today is placed at ₹1,63,795 level, and support is seen at ₹1,57,690 level.

Gold, Silver Rates Today LIVE: MCX silver price for March futures contracts opened higher by ₹10,000, or 3.73%, at ₹2,78,015 per kilogram as against its previous close of ₹2,68,015 level. The white metal price jumped as much as 6% to an intraday high of ₹2,84,094 level. MCX silver price was trading higher by ₹12,191, or 4.55%, at ₹2,80,206 per kg.

Gold, Silver Rates Today LIVE: MCX gold rate for April futures contracts opened 3% higher at ₹1,58,420 per 10 grams as against its previous close of ₹1,53,809 level.

Gold, Silver Rates Today LIVE: MCX gold rate rises above ₹1.59 lakh per 10 grams; silver price jumps 4%

Gold, Silver Rates Today LIVE: Gold prices climbed back above the key $5,000 per ounce level, building on a more than 6% surge in the previous session, the biggest daily gain since 2008. According to Jigar Trivedi, Senior Research Analyst at IndusInd Securities, MCX gold rate for April futures is likely to appreciate to ₹1,58,000 per 10 grams.

Gold, Silver Rates Today LIVE: The US dollar fell against most major currencies except the yen, as traders consolidated recent gains fuelled by upbeat US data and expectations of a less-dovish Federal Reserve. A weaker dollar makes greenback-priced bullion more affordable for holders of other currencies.

Gold, Silver Rates Today LIVE: Spot silver price rose 2.1% to $86.92 an ounce. Silver price has declined more than 28% from its record high level of $121.64 hit on Thursday.

Gold, Silver Rates Today LIVE: Spot gold rate rose 2.2% at $5,044.74 per ounce, after gaining 5.9% on Tuesday, its biggest daily gain since November 2008. The yellow metal scaled a record high of $5,594.82 last Thursday. US gold futures for April delivery rallied 2.7% to $5,067.0 per ounce.

Gold, Silver Rates Today LIVE: Gold and silver prices extended rally on Wednesday, supported by a softer US dollar. Gold prices rose more than 2% after clocking its best day since 2008 in the previous session.