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Reading: Gold drops by Rs 10,153, silver crashes 6% on MCX | Check city-wise rates
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Home » Blog » Gold drops by Rs 10,153, silver crashes 6% on MCX | Check city-wise rates
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Gold drops by Rs 10,153, silver crashes 6% on MCX | Check city-wise rates

Times Desk
Last updated: January 30, 2026 4:40 am
Times Desk
Published: January 30, 2026
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Gold Price Today, Gold MCX Rate:

Mumbai:

Rates of precious metals in futures trade tumbled on Friday, January 30, 2026, with silver and gold falling nearly 6 per cent on rumours the Federal Reserve could get a more hawkish chair and a strong rise in the dollar index. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,504 at Rs 1,67,899 per 10 grams against the previous close of Rs 1,69,403. It dropped further to hit the low of Rs 1,59,250, a drop of Rs 10,153 or 5.99 per cent. As of last seen, the precious metal futures were trading at Rs 1,7,01, down Rs 1,602 or 0.95 per cent. 

On the MCX, the yellow metal futures for April 2026 were down by Rs 998 or 0.54 per cent to trade at Rs 1,82,964 per 10 grams in business turnover of 3022 lots. 





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