THE TIMES OF INDIA | Apr 01, 2026, 08:51:54 IST
Gold, Silver Rate Today Live Updates: Where are gold, and silver prices headed in the coming weeks? Gold has declined by more than 11% in March, marking its sharpest monthly drop since October 2008. The fall has been driven by expectations of tighter monetary policy and a stronger dollar, which has gained safe-haven appeal since the Iran conflict began on February 28, 2026. Market participants have largely ruled out the possibility of a US Federal Reserve rate cut this year, compared with earlier expectations of two reductions prior to the conflict, according to FedWatch data.
Check this live coverage on gold, and silver prices by TOI:
Silver Rate Today: Spot silver drops
Spot silver declined 0.8% to $74.53 per ounce, platinum rose 0.7% to $1,963.22, and palladium gained 0.6% to $1,484.84.
Gold Rate Today: What could provide support
Trump said that Tehran is not required to reach an agreement for the conflict to de-escalate. He is expected to address the nation later in the day with an update on the situation.
Global equity and bond markets strengthened on hopes that tensions in the Middle East could ease.
“Should geopolitical tensions de-escalate further, then expectations for Fed easing could return. In such a scenario, real yields can ease, providing support for gold,” said Christopher Wong, a strategist at OCBC.
Gold Rate Today: Why upside is limited
“Talks that the US might wrap up the war in two to three weeks even if the Strait (of Hormuz) is not reopened reinvigorated the US equity markets and pulled gold higher along with it,” said Marex analyst Edward Meir.
“However, the upside (to gold prices) is being limited due to the fact that interest rates can move higher if inflationary expectations reignite,” Meir said.
Gold Price Today: Spot gold rises 0.4%
Spot gold rose 0.4% to $4,685.79 per ounce as of 0228 GMT, after earlier hitting a peak of $4,723.21, its strongest level since March 20. US gold futures for April delivery advanced 0.8% to $4,713.40.
The dollar index slipped 0.2%, making dollar-priced commodities more affordable for investors using other currencies.
Gold Rate Today: International gold prices move up
Gold prices moved up modestly on Wednesday, touching their highest level in nearly a fortnight, as a softer US dollar provided support after US President Donald Trump indicated that the conflict with Iran could ease within the next two to three weeks.
Gold, Silver Rate Today Live Updates: Analysts are of the view that gold has not lost its safe haven appeal, but with crude oil prices rising above $100 per barrel and chances of a US Federal Reserve rate cut fading in the near future due to inflationary pressures, gold is likely to see capped gains. Gold typically performs better in a low interest rate environment as it does not yield returns. However, the long-term outlook for both gold and silver appears to be intact for now, feel commodity experts. Over the next few days, the direction of the yellow metal will be decided mainly by how long the US-Iran conflict continues.
(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
