Rates of precious metals in futures continued their upward trend on Monday, August 10, 2026, as weaker-than-expected US Jobs data reduced expectations for Interest rate hikes in the past week. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 27 or 0.36 per cent at Rs 1,51,793 per 10 grams against the previous close of Rs 1,51,820. However, it later picked up momentum and touched an intraday high of Rs 1,52,982, a gain of Rs 1,162, or 0.76 per cent. Last seen, it was trading at Rs 1,52,765 with a gain of Rs 945 or 0.62 per cent. In between, it touched the low of Rs 1,51,461.
On the MCX, the yellow metal futures for December 2026 were up by Rs 1,084 or 0.71 per cent to trade at Rs 1,54,271 per 10 grams in business turnover of 7,881 lots.
“MCX Gold is trading above Rs 151,500, facing resistance near its recent seven-week high after a sharp breakout. Immediate resistance is placed at Rs 1,52,000–1,52,600 near previous highs, and a decisive move above could push toward Rs 1,53,000–1,53,500. Immediate support is seen at Rs 1,51,500–1,51,000, followed by stronger support at Rs 1,50,000–1,49,500. Price continues to hold comfortably above all the major moving averages (20/50/100/200 EMA), highlighting a strong improvement in the medium-term trend, though RSI has moved into overbought territory, reflecting possible near-term pressure. Bias remains constructive above Rs 1,52,000, whereas a decline below Rs 1,51,000 may invite short-term profit booking,” said Ponmudi R, CEO of Enrich Money.
Silver Price On MCX
However, the silver futures, maturing on September 4, 2026, opened in the green. It began the trading session at Rs 2,31,799 against the previous close of Rs 2,31,466, a gain of Rs 333 or 0.95 per cent. It later touched the intraday high of Rs 2,35,221, a gain of Rs 3,755 or 1.62 per cent. Last seen, it was trading at Rs 2,34,713 with a gain of Rs 3,247 or 1.40 per cent.
Gold Price in the International Market
In the international market, the COMEX gold price gained 0.31 per cent to approximately USD 4,380.5 per troy ounce. The spot gold price at 12:50 pm was USD 4,355.07 per ounce, up by USD 13.60 or 0.31 per cent.
Check Gold, Silver Prices In Major Cities
Gold price in Delhi
In Delhi, the 24-carat gold price was quoted at Rs 1,52,120 per 10 grams. For 22-carat gold, the consumer would have to spend Rs 1,39,450 per 10 grams.
Gold price in Mumbai
In Mumbai, 24-carat gold was available at Rs 1,51,970 per 10 grams, while 22-carat gold stood at Rs 1,39,300 per 10 grams.
Gold price in Kolkata
The 24-carat gold price in Kolkata today was Rs 1,51,970 per 10 grams, while the rate for 22-carat gold was Rs 1,39,300 per 10 grams.
Gold price in Chennai
In Chennai, the 24-carat gold was available for Rs 1,52,180 per 10 grams. For 22-carat gold, the rate was Rs 1,39,500 per 10 grams.
Silver prices in Delhi
The price of silver per kg in the national capital was Rs 2,45,000.
Silver price in Mumbai
In Mumbai, the consumer would have to pay Rs 2,45,000 per kg today to buy the precious metal.
Silver price in Kolkata
In Kolkata, the price of 1 kg of silver stood at Rs 2,45,000.
Silver price in Chennai
In Chennai, the price of the precious metal stood at Rs 2,50,000 per kg.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
