Gold, Silver Prices Surge Over 6% on MCX; Check Latest 22k, 24k Rates Today

Business
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News18•03-02-2026, 09:44
Gold, Silver Prices Surge Over 6% on MCX; Check Latest 22k, 24k Rates Today
- •Gold and silver prices rebounded significantly on Tuesday after a sharp selloff due to a strengthening US dollar and easing geopolitical tensions.
- •In India, prices surged amidst a US-India trade deal, with the Trump administration lowering tariffs on Indian goods to 18%.
- •On MCX, gold futures rose 2.86% to Rs 1,48,106 per 10 grams, while silver futures gained 6.6% to Rs 2.51 per kg.
- •COMEX saw gold futures jump 3.88% to $4,833.10 per ounce and silver futures increase 6% to $83.020 per ounce.
- •Despite the futures surge, spot market prices for gold and silver fell, with silver dropping almost Rs 20,000 per kg.
Why It Matters: Gold and silver prices saw a significant rebound on MCX and COMEX, influenced by trade deals and market dynamics.
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