Today's gold and silver rate LIVE: Following better-than-expected US CPI statistics, gold and silver prices rise as the US dollar declines.
Today's live gold and silver rate: At the moment, the MCX's gold prices are trading in a narrow range between ₹1,50,000 and ₹158,000. Additionally, silver MCX futures are trading close to the Rs2,70,000–₹2,35,000 range.
Gold and silver rate today LIVE: Gold and silver prices bounced back strongly on Friday after the softer-than-expected US CPI data. Defying the market expectations of 2.50%, the US Bureau of Labor Statistics reported the US CPI inflation of 2.40% in January 2026, putting the US Dollar (USD) under pressure. However, this is 0.30% higher than the December 2025 CPI inflation. This triggered buying in the precious metals. The COMEX gold rate finished at $5,046.30/oz, logging an intraday gain of around 2%. The MCX gold rate ended at ₹1,56,200 per 10 gm, around ₹24,500 below the record high of ₹1,80,779 per 10 gm.
- Likewise, the COMEX silver price finished at $77.964/oz, logging an intraday gain of over 3%. The MCX silver rate ended at ₹2,44,999 per kg, around ₹1,75,000 below the record high of ₹4,20,048 per kg.
- Currently, gold prices on the MCX hover in a tight range of around ₹1,50,000 to ₹1,58,000. And silver MCX futures are trading near the ₹2,35,000 – ₹2,70,000 zone.
- Gold and silver price outlook
- Recent corrections have wiped out a large portion of earlier gains, yet analysts see the pullbacks as opportunities within what many view as an extended multi‑year bull market for precious metals.
- Domestic brokerage Emkay Wealth recently opined that gold and silver are in a 3-5 year bull run, supported by favourable macroeconomic conditions, structural demand trends, and shifting investor preferences.
- Emkay Wealth recommended that the existing investors continue holding gold and silver as part of a diversified portfolio. Any incremental additions should be made gradually and preferably during periods of correction, it is advised.
- The Bureau of Labour Statistics reported US CPI inflation for January 2026 at 2.40%, which is better than the expected 2.50%. However, it is 0.30% higher than the December 2025 US CPI inflation.
- Underlying US inflation accelerated slightly at the start of the year, in line with expectations, as a pickup in services costs more than offset stable goods prices.
- The core consumer price index, which excludes often-volatile food and energy costs, increased 0.3% from December, the most since August, according to Bureau of Labor Statistics data out Friday. At the same time, the core CPI rose from a year ago by the least since 2021.
- The slight pickup in inflation reflected higher prices for airline fares, personal care, recreation, medical care and communication. However, prices of used cars and trucks, household furnishings and auto insurance decreased last month.
- The U.S. Labor Department on Wednesday (local time) reported strong jobs data for January 2026, with employers adding 130,000 jobs last month and the unemployment rate declining to 4.3%,
- The data released shows a strong start to 2026 as compared to the slowed growth witnessed in the previous year, when job gains averaged just 15,000 a month, down from the initially reported 49,000 pace. The Bureau of Labor Statistics report also suggests that the market is finding its footing after witnessing a year marked by rising unemployment and minimal hiring.
- Gold and silver rate today LIVE: Other findings of the US CPI data
- Alongside recent indications of a stabilizing labor market, Federal Reserve officials will likely want to see further inflation progress before lowering interest rates. Traders see roughly even odds the central bank will next lower borrowing costs at their June meeting after three straight cuts in late 2025.
- Gold and silver rate today LIVE: US reports better-than-expected inflation data
- The Bureau of Labour Statistics reported US CPI inflation for January 2026 at 2.40%, which is better than the expected 2.50%.
- Underlying US inflation accelerated slightly at the start of the year, in line with expectations, as a pickup in services costs more than offset stable goods prices.
- The core consumer price index, which excludes often-volatile food and energy costs, increased 0.3% from December, the most since August, according to Bureau of Labor Statistics data out Friday. At the same time the core CPI rose from a year ago by the least since 2021.
- Gold and silver rate today LIVE: Nifty 50 vs Gold — here's what these assets delivered
- Indian equities, measured by the Nifty 50 TRI, delivered compounded annualised returns of 12.6% over 20 years, translating into a 10.7x return on invested capital.
- However, over 20 years, the yellow metal has delivered a compounded annual return of 15.6%, the highest among all asset classes, and multiplied investments by a remarkable 18.3 times.
- Gold and silver rate today LIVE: Gold beats Nifty 50, real estate and fixed income across 1, 5, 10 and 20 years.
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