Today’s Gold and Silver Rate: On the occasion of Valentine’s Day, there was a strong rise in the prices of gold and silver on Friday. On MCX, silver price jumped by about Rs 8,110 to Rs 2,44,545 per kg, while gold rose by Rs 3,266.
Price of gold and silver in domestic market
In the capital Delhi, the price of 24 carat gold increased to around Rs 1,57,900 per 10 grams, while in Mumbai it reached around Rs 1,57,750 per 10 grams. Earlier, a day earlier, the price of gold in Delhi’s bullion market had fallen by about Rs 2,400 (about 1.5%) to Rs 1,58,500 per 10 grams. At the same time, the price of silver fell by Rs 13,500 to Rs 2.55 lakh per kg.
Condition of gold and silver in international market
Precious metals also remained strong in the global market. Spot gold is trading around $4,968 an ounce, while COMEX gold closed at around $5,046 an ounce, registering an intraday gain of about 2%. Similarly, the price of silver also jumped by more than 3% to around $ 77.96 an ounce.
US economic data affected safe investments
According to experts, the US Consumer Price Index (CPI) being lower than expected put pressure on the dollar and investors increased purchases of gold and silver as safe investments. US inflation stood at 2.40% in January 2026, below the market forecast of 2.50%, although it was 0.30% higher than in December 2025.
Experts’ estimates regarding gold and silver
Analysts believe that despite the recent decline, the long-term bull run in precious metals continues. According to brokerage firm MK Wealth, favorable global macroeconomic conditions, structural demand and changing preferences of investors may support gold and silver for the next 3-5 years.
JPMorgan estimates that the price of gold could reach $6,300 an ounce by the end of 2026. Experts have advised investors to hold gold and silver to maintain portfolio diversification and make phased investments during the downturn, as the current volatility is being seen as a correction amid a long-term bullish trend.
