Gold, Silver Recover on MCX After Early Weakness; Commodity Earnings Today

M
Moneycontrol•19-02-2026, 11:23
Gold, Silver Recover on MCX After Early Weakness; Commodity Earnings Today
- •Gold and silver prices on MCX initially fell due to a stronger dollar but later recovered.
- •MCX and NSE withdrew additional margins on gold (3%) and silver (7%) futures contracts, supporting prices.
- •MCX Gold April futures are up 0.17% at 156,033 rupees/10 grams; Silver March futures up 0.16% at 244,668 rupees/kg.
- •Dollar index rose to a one-week high, making dollar-backed bullion more expensive; Lunar New Year holidays reduced liquidity.
- •Experts recommend buying MCX Copper (target 1200) and MCX Gold (target 156500) for earning opportunities.
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