Gold Slips 0.67% to Rs 1,53,722: Is Now the Right Time to Invest?

M
Moneycontrol•17-02-2026, 10:40
Gold Slips 0.67% to Rs 1,53,722: Is Now the Right Time to Invest?
- •Gold's spot price on Comex dipped, then recovered slightly to $4,977 per ounce, still down 1.36%.
- •Domestic futures on MCX traded at Rs 1,53,722 per 10 grams, a 0.67% decline from its previous close.
- •IBJA pegged standard gold at Rs 1,54,098 for 10 grams (999 purity), up 0.87% from its previous close.
- •Analysts suggest gold's near-term trend is volatile, likely range-bound between Rs 1,52,000 and Rs 1,57,000.
- •Prices are down due to a firmer dollar, thin liquidity from holidays, and caution ahead of economic cues.
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