Categories: Business

Gold And Silver Prices Slip on MCX: Domestic Rates Stay Elevated- Check Latest Prices in Your City and Across Global Markets

Gold and silver prices eased on February 17 amid profit-booking on MCX and cautious global cues. While futures declined, elevated retail rates across major cities kept affordability concerns and investor interest firmly in focus.

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Published by Aishwarya Samant
Last updated: February 17, 2026 11:56:50 IST

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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