Understanding the Latest Trends in Gold and Silver Prices – February 2026
As we approach early April and March 2026, investors and traders are keeping a close eye on precious metals, particularly gold and silver. These metals have historically been safe havens in uncertain economic times and continue to attract attention due to their intrinsic value and ability to hedge against inflation.
Current Market Snapshot MCX
Based on the latest data from February 23, 2026, both gold and silver prices are showing promising upward momentum:
| Commodity | Expiry | Last Traded Price (LTP) | Absolute Change | Change (%) | Volume | Date |
|---|---|---|---|---|---|---|
| Gold | 02 APR 26 | ₹159,375 | +₹2,499 | +1.59% | 2,149 | 23-Feb-2026 15:07 |
| Silver | 05 MAR 26 | ₹264,900 | +₹11,956 | +4.73% | 3,866 | 23-Feb-2026 15:07 |
What Does This Mean for Investors?
Gold – Steady Growth
Gold is trading at ₹159,375 per unit with a steady increase of ₹2,499, representing a 1.59% rise. This steady gain indicates that gold continues to hold its value and appeal as a reliable investment during times of market volatility. Investors who view gold as a long-term hedge against inflation and currency fluctuations will find this trend reassuring.
Silver – Strong Surge
Silver, on the other hand, is experiencing a more significant surge, with its price rising by ₹11,956 or 4.73% to ₹264,900 per unit. The volume traded in silver is also higher than gold, with 3,866 contracts changing hands compared to 2,149 for gold. This suggests heightened interest and activity in the silver market, possibly driven by industrial demand or speculative trading.
Key Factors Driving Price Movements
- Global Economic Conditions: Uncertainty in global markets often drives investors towards precious metals as safe assets.
- Inflation Fears: Rising inflation concerns increase demand for gold and silver as stores of value.
- Industrial Demand: Silver’s price often reflects industrial demand, especially from electronics and solar industries, which could explain its sharper price increase.
- Market Sentiment: Positive market sentiment and higher trading volumes indicate growing investor confidence.
Conclusion
The current price trends for gold and silver indicate strong investor interest and confidence in precious metals as reliable assets in a fluctuating economic environment. While gold shows steady, moderate growth, silver is currently leading with a sharper price increase and higher trading volume.
For investors looking to diversify their portfolios, keeping an eye on these metals and understanding the factors influencing their prices can provide valuable insights for making informed decisions.
Check today’s silver price
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