Gold, Silver Rates Today LIVE: Gold, silver ETFs fall up to 7% amid drop in bullion prices

Silver prices on the Multi-Commodity Exchange (MCX) were trading ₹5,283/kg or 2.16% lower at ₹239,077/kg as of 10:53 p.m. (IST) during Tuesday's commodity market session, compared to ₹244,360/kg at the previous market close.

Gold prices were trading ₹1,171 per 10 grams or 0.75% lower at ₹154,724 per 10 grams as of 10:50 p.m. (IST) during Tuesday's commodity market session, compared to ₹155,895 per 10 grams at the previous market close, as per the Multi-Commodity Exchange (MCX) data.

Kaynat Chainwala, AVP of Commodity Research at Kotak Securities, said that the global commodity market investors are now focusing on the upcoming key economic data releases, as the COMEX gold and silver rates recover from earlier lows.

“Currently, gold and silver have recovered from earlier lows and are trading near $5,025/oz and $77/oz respectively. Traders are now focusing on upcoming key data releases, particularly the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures Price Index, scheduled for February 20, as a softer reading could further strengthen expectations of a potential rate cut in June,” said the expert.

The expert also said that the market investors will also monitor the FOMC meeting minutes, U.S. advance GDP data for December, and flash PMI readings from major global economies for further cues.

“COMEX Gold and Silver saw mild profit booking and slipped to $4,981/oz and $74.5/oz earlier today as traders locked in gains from Friday's rally, fueled by softer U.S. inflation and retail sales data alongside a resilient labour market, which strengthened bets on a more accommodative Fed path,” said Chainwala.

Silver prices on the Multi-Commodity Exchange (MCX) were trading ₹7,360/kg or 3.01% lower at ₹237,000/kg as of 9:38 p.m. (IST) during Tuesday's commodity market session, compared to ₹244,360/kg at the previous market close.

Gold prices on the Multi-Commodity Exchange (MCX) were trading ₹1,181 per 10 grams or 0.76% lower at ₹154,714 per 10 grams as of 9:19 p.m. (IST) during Tuesday's commodity market session, compared to ₹155,895 per 10 grams at the previous market close, as per the official data.

Ross Maxwell, Global Strategy Operations Lead, VT Markets, suggested that investors who are holding large positions can look for partial profit-taking on rallies while keeping a strategic core position on silver in the commodity market.

“Investors who already hold large positions can look for partial profit-taking on rallies while keeping a strategic core position, as silvers historically has short-term sharp spikes followed by extended consolidations,” said Maxwell.

“For current investors, holding a core allocation for long-term exposure makes sense, but holding in the expectation of another parabolic move this year may lead to over-exposure,” said the market expert.

“Accumulation on pullbacks, diversification of holdings across bullion, low-cost funds, and strong mining equities, whilst retaining some liquidity for opportunistic additions during macro shocks that create short-term volatility, can improve risk exposure and reward opportunities,” said Maxwell.

Commodity market expert predicts that the industrial demand for solar, electronics, and electrification will play a major role in the upside of silver prices. However, this demand is currently steady, and the current inventory is capping commodity prices.

“Industrial demand from solar, electronics, and electrification will also play a key element, but this is currently steady rather than explosive, and current inventories and recycling flows can cap price spikes,” said Ross Maxwell, Global Strategy Operations Lead, VT Markets.

The expert also said that key factors that can limit upside include persistent higher-for-longer interest rates, which raise the opportunity cost of holding non-yielding assets, resilient equity markets that draw capital away from safe havens, and any slowdown in global manufacturing that reduces industrial demand.

Ross Maxwell, Global Strategy Operations Lead, VT Markets, suggests that the silver prices can hit a new record high in 2026, but it is unlikely unless there are strong triggers creating the right environment for the commodity rally.

The commodity market expert said that a combination of falling real interest rates, a weaker USD, and a shift toward monetary easing across central banks has the potential to still fuel the silver prices upwards from current levels.

“After the recent correction in silver prices, reaching new record highs this year is certainly possible, but I think unlikely unless there is a strong convergence of factors to create the right environment. Silver tends to lag gold in early stages of precious-metal rallies and then outperform in later, more speculative phases which is something we have already seen. A combination of falling real interest rates, a weaker USD, and a clear shift toward monetary easing by major central banks could still see upward movement on silver prices,” said Ross Maxwell.

Gold prices were trading ₹630 per 10 grams or 0.4% lower at ₹155,265 per 10 grams as of 4:49 p.m. (IST) as of Tuesday's commodity market session, compared to ₹155,895 per 10 grams at the previous market close, according to the MCX data.

Silver prices on the Multi-Commodity Exchange (MCX) were trading ₹3,660/kg or 1.5% lower at ₹240,700/kg as of 4:10 p.m. (IST) during Tuesday's commodity market session, compared to ₹244,360/kg at the previous market close.

Gold, Silver Rates Today LIVE: Gold and silver prices are entering a prolonged three- to five-year bull cycle, supported by favourable macroeconomic conditions, structural demand trends, and shifting investor preferences, according to Emkay Wealth Management’s latest report. “Analysis of historical price behaviour over the past three decades suggests that such breakout phases typically persist for three to five years. Investors who allocated to gold over the past 12 to 18 months have already benefited from strong gains, which have been further enhanced for Indian investors by the depreciation of the rupee against the US dollar,” the report said.

Gold, Silver Rates Today LIVE: Volatility in precious metals often reflects who is setting the marginal price. With the Shanghai Futures Exchange closed for holidays, price discovery temporarily shifts toward the COMEX, where paper positioning dominates short-term flows. That matters because physical buffers are already thin. SHFE silver inventories have collapsed from over 3,000 tonnes at the 2021 peak to roughly 350 tonnes recently — the lowest levels in nearly a decade. On the US side, COMEX registered (deliverable) silver stocks are hovering around 90–95 million ounces, a modest float relative to total open interest. In such a setup, thin liquidity combined with aggressive futures positioning can amplify downside volatility when China is shut, said Harshal Dasani, Business Head at INVasset PMS.

Gold, Silver Rates Today LIVE: In other commodities, spot platinum price shed 0.4% to $2,054.35 per ounce, while palladium prices rose 0.4% to $1,692.2.

Gold, Silver Rates Today LIVE: With Shanghai Futures Exchange vaults depleted and COMEX registered stocks not excessive, physical availability of silver remains constrained. This means that while paper selling may attempt to curb prices during Shanghai closures, every sharp dip is likely to be bought back aggressively. Gold, backed by deeper above-ground reserves, may remain relatively steadier, but silver’s tighter vault dynamics suggest volatility may expand briefly on the downside, yet remain structurally supported rather than trend-breaking, said Harshal Dasani, Business Head at INVasset PMS.

Gold, Silver Rates Today LIVE: Gold ETFs and Silver ETFs fell as much as 7% on profit booking after a sharp rally in the previous session, amid a decline in gold and silver futures on the MCX.

Kotak Silver ETF, Edelweiss Silver ETF, ICICI Prudential Silver ETF, Aditya Birla Sun Life Silver ETF, Bandhan Silver ETF, and 360 ONE Silver ETF fell up to 7%.

Gold, Silver Rates Today LIVE: Gold prices in the international market dipped below $5,000 an ounce, as traders booked profits after a gain in the previous session spurred by mild US inflation data. Spot gold price fell 1% to $4,989.64 an ounce, while silver price dropped 1.8% to $76.03 an ounce.

Gold, Silver Rates Today LIVE: Silver price has been the topic of intense discussion over the last few weeks. 2026 started out with a continuation of the stunning gains seen in 2025... but then came the reversal. And what a reversal it was. The silver price experienced the sharpest crash in its history, almost 40% in just one week. But, will silver price rise again? Read here

Gold, Silver Rates Today LIVE: Comex gold price is currently consolidating in the short term near current levels continuing to trade above key moving averages, suggesting the correction is maturing. Strong buying interest is visible in the $4,500 – $4,700 support band, and sustained stability above this zone could set the stage for renewed upside momentum. A breakout above $5,200 – $5,300 would open the path toward a retest of record highs, said Ponmudi R, CEO of Enrich Money.

Gold, Silver Rates Today LIVE: MCX gold price was trading lower by ₹1,094, or 0.70%, at ₹1,54,801 per 10 grams. MCX silver price was down by ₹6,770, or 2.77%, at ₹2,37,590 per kg.

Gold, Silver Rates Today LIVE: For MCX silver price, Ponmudi R said that while the long-term bullish structure remains intact, the steep pullback has pushed prices below major moving averages, indicating short-term bearish pressure and an ongoing corrective phase.

Strong buying interest is evident in the ₹2,25,000 – ₹2,60,000 support band, aligned with prior swing lows and longer-term structural support. A sustained hold above this base, followed by a decisive recovery, could revive upward momentum toward ₹3,00,000 – ₹3,25,000. Dips toward support continue to offer accumulation opportunities for positional traders, though a decisive break below these levels could accelerate downside pressure and extend the correction, said Ponmudi R.

Gold, Silver Rates Today LIVE: While MCX gold prices are currently consolidating in the short term near current levels, the broader uptrend structure remains supportive, with prices holding above important long-term support zones. Strong buying interest is seen in the ₹1,45,000 – ₹1,50,000 support area. A sustained hold above this base, followed by a breakout above ₹1,60,800, could revive upside momentum toward ₹1,65,000 – ₹1,75,000, keeping the medium-term outlook positive despite ongoing volatility, said Ponmudi R, CEO of Enrich Money.

Gold, Silver Rates Today LIVE: According to Ajay Kedia, the view for MCX silver rate today remains negative. MCX silver price may find support at ₹2,28,800 per kg level, while resistance is placed at ₹2,43,650 level.

Gold, Silver Rates Today LIVE: The trend for MCX gold rate today remains negative. According to Ajay Kedia, Director, Kedia Advisory, MCX gold price may find support at ₹1,52,000 per 10 grams, while resistance is seen at ₹1,58,640 level.

Gold, Silver Rates Today LIVE: Silver inventories on the Shanghai Futures Exchange (SHFE) rose to around 353.559 tonnes on February 13, up from 349.633 tonnes a day earlier, as per CEIC data. The exchange’s silver inventories had fallen to 318.546 tonnes on February 9 — the lowest level since 2015. Silver inventories are still down more than 88% from the record high of 3,091.112 tonnes recorded on January 12, 2021. Read here

Gold, Silver Rates Today LIVE: MCX silver price for March contracts opened lower by ₹5,871, or 2.4% at ₹2,38,489 per kg on Monday, as against its previous close of ₹2,44,360 level. MCX silver rate fell by ₹7,473, or 3.06%, to trade at ₹2,36,887 level.

Gold, Silver Rates Today LIVE: MCX gold rate for April futures contracts opened 0.57% lower at ₹1,54,999 per 10 grams on Monday as against its previous close of ₹1,55,895 level. MCX gold price was trading lower by ₹1,060, or 0.68%, at ₹1,54,835 per 10 grams level.

Gold, Silver Rates Today LIVE: Geopolitical risks remain in focus, including renewed nuclear discussions between the US and Iran and US-led Ukraine peace negotiations. Ongoing uncertainty, central bank purchases, and bond and currency outflows continue to underpin bullion prices, said Ajay Kedia, Director, Kedia Advisory.

According to him, gold prices may find support at $4,920 level and resistance at $5,080 level, while MCX gold prices may get support at ₹1,52,000 and resistance at ₹1,58,000.

He believes as long as gold prices are trading below $5,040 level, the trend remains weak, and the prices can again test $4,976 - $4,952. The key above $5,020 will be at $5,040.

Gold, Silver Rates Today LIVE: The US dollar index rose, making greenback-priced bullion more expensive for holders of other currencies. The dollar index, which measures the US currency against six major peers, was steady at 96.959 after dropping 0.8% last week.

Gold, Silver Rates Today LIVE: Spot gold price fell 0.4% to $5,020.10 per ounce, after gaining 2.5% in the previous session. US gold futures for April delivery lost 0.1% to $5,039.50 per ounce. Spot silver price declined 0.6% at $76.92 per ounce, after a 3% rise on Friday.

Gold, Silver Rates Today LIVE: Gold and silver prices traded lower in the international market on Monday as the US dollar firmed and investors opted for profit booking after strong gains last week.