Gold and silver prices today: Silver jumps ₹1,100 to ₹2.65 lakh/kg, gold drops to ₹1.61 lakh/10gm. Check latest MCX rates, global market update, and expert insights.
Gold and silver prices witnessed significant fluctuations today, sending investors and buyers into a frenzy. Silver jumped by ₹1,140 to reach ₹2,65,350 per kilogram, while gold declined by ₹500, settling at ₹1,61,102 per 10 grams, according to the latest MCX data.
MCX Gold and Silver Rates Today
On the Multi Commodity Exchange (MCX), gold and silver saw sharp movements, impacting buyers and jewelers alike. April delivery gold dropped by ₹496 or 0.31%, trading at ₹1,61,102 per 10 grams across 7,587 lots. Silver, set for 5 March expiry, rose to ₹2,65,350 per kilogram amid heavy trading.
This market volatility has heightened investor attention, especially during the wedding season when demand for gold and silver usually surges. Experts cite global buying trends, the demand for safe-haven assets, and geopolitical uncertainties as major factors influencing the precious metals market.
also read:- Gold and Silver Prices Today: 23 February 2026 Update…
Government and RBI Monitoring Prices
Finance Minister Nirmala Sitharaman and RBI Governor Sanjay Malhotra have confirmed that the government and the central bank are closely monitoring gold and silver prices and imports. The Finance Minister noted that international market trends and global factors have led to sharp price movements, affecting domestic rates.
Global Market Update
Despite gains in India, international gold and silver prices declined on Tuesday. COMEX gold fell from a three-week high due to a strong U.S. dollar, tariff uncertainties, and U.S.-Iran tensions. Spot gold dropped 1.5% to $5,150.38 per ounce, while April futures fell 1.1% to $5,170.70 per ounce.
Silver also faced a sharp decline, with spot silver falling 3.1% to $85.50 per ounce after hitting a two-week high the previous day.
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