Gold Rate Today (17 Feb 2026):On Tuesday domestic commodity markets experienced a drop in gold and silver prices which resulted in Multi Commodity Exchange (MCX) futures declining by 2.5% due to low trading activity and strong US dollar performance.
Latest MCX Prices (17 February 2026)
As per the latest available data from financial news platforms:
- Gold (MCX): Around ₹1,53,707 per 10 grams, down about ₹1,053 (0.68%) in early trade.
- Silver (MCX): Around ₹2,37,035 per kg, falling about ₹2,856 (1.19%).
In another intraday update, gold traded near ₹1,54,601 per 10 grams while silver hovered around ₹2,39,346 per kg, showing continued volatility during the session.
Meanwhile, spot bullion estimates suggested gold near ₹1,55,230 per 10 grams and silver about ₹2,41,260 per kg in the broader Indian market.
Gold Rate Today (17 Feb 2026) City-Wise
The following rates are as per 10 grams of gold.
- Mumbai: Rs 1,54,950
- Delhi: Rs 1,54,680
- Bengaluru: Rs 1,55,070
- Chennai: Rs 1,55,400
- Hyderabad: Rs 1,55,190
- Kolkata: Rs 1,54,740
Silver Rates City-Wise
The following rates are as per 1 kg
- Mumbai: Rs 2,40,820
- Delhi: Rs 2,40,400
- Bengaluru: Rs 2,41,010
- Chennai: Rs 2,41,520
- Hyderabad: Rs 2,41,200
- Kolkata: Rs 2,40,500
Why Gold and Silver Prices Fell?
Stronger US dollar: Precious metals typically move inversely to the dollar so a firm currency reduces global demand.
Thin international trading volumes: The market experienced higher price fluctuations because international markets were closed which decreased market liquidity.
Profit-booking after recent highs: Traders bought in gains following strong rallies in previous sessions.
The financial market reports showed that bullion prices respond to US interest-rate expectations and inflation data and geopolitical events.
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Silver Sees Sharper Volatility Than Gold
Silver has experienced particularly sharp corrections in February, falling significantly from earlier peaks. Analysts say silver tends to move more aggressively than gold because it has both investment demand and industrial usage, making it more sensitive to economic expectations.
Market Outlook: What Investors Should Watch?
The experts recommend that investors should monitor three specific factors which include US Federal Reserve policy signals, bond yields and dollar index movement, and global geopolitical tensions, and industrial demand trends for silver.
Financial advisors generally recommend avoiding panic decisions during volatile phases. Instead of making panic decisions financial experts suggest that investors should use staggered buying and long-term allocation strategies which provide safer options for their gold and silver investments which they use to protect their wealth and hedge against inflation.
