Gold Silver Rate Today (Aug 10): Gold and silver prices were moving higher in the domestic futures market on Monday. At MCX, gold climbed past ₹1.52 lakh for 10 grams, while MCX silver moved above ₹2.34 lakh per kg during the afternoon stretch. The precious metals seemed to get a push from shifting views on the US Federal Reserve interest rate path after the US jobs data came in weaker than expected.
MCX Gold, Silver Rates Today
According to afternoon market data, MCX gold October futures were trading at ₹1,52,685 per 10 grams, gaining ₹865 or 0.57%.
Meanwhile, MCX silver September futures rose ₹3,174, or 1.37%, to ₹2,34,640 per kg.
Analysts see a positive near-term setup for both metals. MCX gold has support around ₹1,52,000 and resistance near ₹1,54,000, while silver has support around ₹2,33,500 and resistance around ₹2,36,500.
Gold and Silver Rates Today: MCX Gold, Silver Prices and City-Wise Rates on August 8
Gold Silver Rate Today (Aug 10)
- Delhi: ₹1,51,190
- Mumbai: ₹1,51,450
- Bengaluru: ₹1,51,570
- Kolkata: ₹1,51,250
- Hyderabad: ₹1,52,020
- Chennai: ₹1,52,220
Silver Rate
According to market data, the latest 999-fine silver rates on August 10 were:
- Delhi: ₹2,32,200/kg
- Mumbai: ₹2,32,600
- Bengaluru: ₹2,32,790
- Kolkata: ₹2,32,300
- Hyderabad: ₹2,34,300
- Chennai: ₹2,34,610
Gold Price Outlook
Market analysts remain constructive on gold in the near term. According to Jigar Trivedi of IndusInd Securities, cited by NDTV Profit, ₹1,52,000 is an important support level for MCX gold, while ₹1,54,000 is the immediate resistance. For silver, the corresponding levels are ₹2,33,500 support and ₹2,36,500 resistance.
However, bullion prices remain sensitive to US economic data, the dollar, interest-rate expectations and geopolitical developments.
