Gold, Silver Tumble on MCX as Silver Drops to New Lows – Key Updates for Investors
Over the years the gold market has been perceived as a solid security against inflation. Investors increasingly consider it to be an essential part of their investments.
Gold and silver prices in India ease after touching record highs on the MCX amid global market cues.
The price of gold in 24-carat form in India was Rs 1,54,750 per gram in decline of Rs 1,770, or
1.130 percent, at 10:20 am according to India Bullions. At the same time the silver price in India
was valued at Rs 2,37,820 per kilogram, a decrease of by Rs 8,240, or 3.350 percent.
In the MCX gold rate February 16 2026, the gold futures for April hit an all-time record high of
1,55,100 Rs. At 10.23 am the price was the price of Rs 1,54,534. This was down 0.87 percent.
Silver futures for March reached the record high of 2,38,489. At 10.23 am the prices were Rs
2,37,155. This was down 2.95 percent.
In the past it has been viewed as a reliable hedge against inflation. Investors increasingly
consider it to be an important part in their investment portfolios.
Global Trends and US Data Drive Silver, Gold Outlook
The gold and silver price today in India generally changes in accordance with international
market patterns and local demand patterns as well as exchange rates that are linked with those of
the United States.
Market experts are of the opinion that the prices of precious metals could experience an increase.
This could be due to the waning confidence of investors in the dollar-based asset class and lower
retail sales data coming from the US which has led to renewed interest in safe investment
avenues.
