Gold and silver prices fell on Monday. According to the Bullion website, silver prices fell by ₹7,940 to ₹2.38 lakh per kg. Gold prices fell by ₹1,250 to ₹1.55 lakh per 10 grams.
Gold and silver prices on MCX
In the last trading session, silver with March expiry jumped ₹7,280 (3.08%) to ₹2,43,715 per kg.
Gold with April expiry rose ₹2,819 (1.84%) to close at ₹1,55,655 per 10 grams.
This sharp rise in prices has revived a buying trend in the market, although the high prices have also made buyers cautious.
Gold and Silver Prices in the International Market
On the other hand, the global market witnessed mild profit-booking on Monday, February 16. Spot gold fell about 0.27% to $5,033 per ounce during Asian trading, while spot silver fell more than 2% to $76.34 per ounce.
Reasons for Fluctuations
According to experts, a 0.2% decline in the US Consumer Price Index (CPI) in January has somewhat eased concerns about inflation and strengthened expectations of an interest rate cut by the Federal Reserve. Lower interest rates are generally considered positive for non-yielding assets like gold and silver.
Gold reached a record high above $5,600 per ounce in late January, but a sharp sell-off in early February caused prices to fall below $4,500. Currently, gold has recovered almost half of its losses amid volatile trading, due to which there is uncertainty about the future direction of the market.
The controversy surrounding the inclusion of Pakistani spinner Abrar Ahmed in the Sunrisers Leeds
On Saturday, February 28, 2026, the US and Israel launched attacks on Tehran, the capital of Iran
French President Macron's recent visit to India was in the news for several reasons. During his v
West Asia Crisis: America orders its citizens to immediately leave these countries; issues warning
Following the Israeli and US attacks and Iran's retaliatory strikes, tensions are rising across W
The Central Government has proposed amendments to the Information Technology (Intermediary Guidel
The Board of Control for Cricket in India (BCCI) released the schedule for Team India’s 202
Recently, YouTuber Anurag Dobhal posted a video on social media accusing his family, stating that
Even today, many people in our country buy gold and silver for traditional purposes. Those who st
Less than 48 hours before the commencement of the US-Israeli attack on Iran, Israeli Prime Minist
Nayara Energy, one of the country’s largest private fuel retailers, hiked the prices of pet
