Gold Plunges Below ₹1.55 Lakh, Silver Dips Over 3% Amid Global Cues

Commodities
C
CNBC TV18•16-02-2026, 12:13
Gold Plunges Below ₹1.55 Lakh, Silver Dips Over 3% Amid Global Cues
- •Gold futures for April 2026 delivery fell nearly 1%, slipping below ₹1.55 lakh per 10 grams on MCX.
- •Silver futures for March 2026 delivery dropped over 3%, trading below ₹2.37 lakh per kg.
- •International gold prices fell 1.1% to $4,994.60 per ounce, while silver declined 3.8% to $75.04 per ounce.
- •Correction attributed to profit-booking and thin global trade due to US and Chinese holidays.
- •Analysts expect continued volatility, with focus on US macroeconomic indicators and geopolitical tensions.
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