Gold and Silver Price Today: Let’s See If Gold And Silver Is Still Affordable?
Gold and silver prices opened on a softer note on February 17, 2026, as profit-booking pressure weighed on MCX futures, while global market conditions and developments around the India–US trade deal remained uncertain. Domestic bullion rates saw a slight decline, though prices in major cities stayed elevated, prompting investors and buyers to reassess affordability and near-term market trends.
Gold and Silver Price On Mcx Amid India–US Trade Deal
Gold Prices hold on MCX: Gold futures on the Multi Commodity Exchange (MCX) traded lower on February 17, 2026, reflecting subdued sentiment in early trade. The standard gold contract declined 0.71% to ₹1,53,666 per 10 grams, while Gold Mini contracts also slipped. The downturn signals mild profit-booking pressure amid cautious global commodity trends.
MCX Gold Market Snapshot (9:05 AM IST)
- Gold (Standard)
- Last Traded Price (LTP): ₹1,53,666
- Change: -₹1,094 (-0.71%)
- Day’s High: ₹1,53,787
- Day’s Low: ₹1,53,550
- Previous Close: ₹1,54,760
- Gold Mini (GOLDM)
- Last Traded Price (LTP): ₹1,52,957
- Change: -₹914 (-0.59%)
- Day’s High: ₹1,53,680
- Day’s Low: ₹1,52,092
- Previous Close: ₹1,53,871
Silver Futures Trumbles on MCX: Silver futures on the Multi Commodity Exchange (MCX) traded lower on February 17, 2026, amid continued selling pressure in precious metals. The most active March 5, 2026 contract declined 1.88%, or ₹4,498, to ₹2,35,393 per kilogram. The weakness reflects cautious market sentiment and profit-booking activity in early trade.
MCX Silver Market Snapshot
- Last Traded Price (LTP): ₹2,35,393 per kg
- Change: -₹4,498 (-1.88%)
- Previous Close: ₹2,39,891
- Day’s High: ₹2,36,656
- Day’s Low: ₹2,35,206
- Expiry Date: March 5, 2026
18K, 22K, 24K Gold Rate in Major Cities
| City | 18K Gold | 22K Gold (Standard) | 24K Gold (Pure) |
|---|---|---|---|
| Chennai | ₹1,23,500 | ₹1,44,400 | ₹1,57,530 |
| Delhi | ₹1,17,470 | ₹1,43,540 | ₹1,56,580 |
| Mumbai | ₹1,16,180 | ₹1,42,000 | ₹1,54,910 |
| Kolkata | ₹1,17,320 | ₹1,43,390 | ₹1,56,430 |
| Bangalore | ₹1,17,320 | ₹1,43,390 | ₹1,56,430 |
| Hyderabad | ₹1,17,320 | ₹1,43,390 | ₹1,56,430 |
| Kerala | ₹1,17,320 | ₹1,43,390 | ₹1,56,430 |
| Pune | ₹1,17,320 | ₹1,43,390 | ₹1,56,430 |
Silver Price In Major Cities
| City | Price per 10 Grams (₹) | Price per 1 Kilogram (₹) |
|---|---|---|
| Mumbai | ₹2,679 | ₹2,67,900 |
| Delhi | ₹2,679 | ₹2,67,900 |
| Kolkata | ₹2,679 | ₹2,67,900 |
| Bangalore | ₹2,679 | ₹2,67,900 |
| Pune | ₹2,679 | ₹2,67,900 |
| Chennai | ₹2,649 | ₹2,64,900 |
| Hyderabad | ₹2,649 | ₹2,64,900 |
| Kerala | ₹2,649 | ₹2,64,900 |
Note: Prices indicated are for 999 purity silver and may exclude GST and making charges.
Gold Prices Around the World in INR: Where Is Buying Most Affordable?
Gold Prices in International Markets
| Country | Local Currency Price (in words & code) | Equivalent in INR (Approx.) |
|---|---|---|
| Dubai, UAE | 6,020 UAE Dirhams (AED) | ₹1,48,793 |
| United States | 1,635 US Dollars (USD) | ₹1,48,361 |
| Canada | 2,255 Canadian Dollars (CAD) | ₹1,50,017 |
| Ireland (Europe) | 1,515 Euros (EUR) | ₹1,62,793 |
| Pakistan | 4,62,450 Pakistani Rupees (PKR) | ₹1,49,885 |
| Bangladesh | 2,04,500 Bangladeshi Taka (BDT) | ₹1,51,520 |
(With Inputs from good returns and mcx)
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