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Gold Rate Today LIVE: Gold and silver prices on Multi Commodity Exchange of India (MCX) opened higher on Wednesday, following gains in international precious metal prices, driven by safe-haven buying.

MCX gold rate today for April futures contracts opened higher by ₹1,008, or 0.63%, at ₹1,60,977 per 10 grams as against its previous close of ₹1,59,969 level.

MCX silver rate today for March futures contracts opened higher by ₹5,200, or 2%, at ₹2,65,944 per kilogram as compared to its previous close of ₹2,60,744 level.

Gold and silver prices rallied on Wednesday, supported by safe-haven demand amid uncertainty over Trump tariffs and sustained geopolitical tensions in the Middle East ahead of the US-Iran nuclear talks.

Spot gold price rose 0.5% to $5,174.76 per ounce, after falling 1% in the previous session as investors booked profits after gold hit a three-week high earlier in the day. US gold futures for April delivery gained 0.3% to $5,192.20. Spot silver price rose 1% to $88.23 per ounce, after hitting a more than two-week high on Monday.

Meanwhile, two US Federal Reserve officials signaled no near-term appetite to change the setting of central bank interest rate policy.

On the geopolitical front, Iran and the US will hold a third round of nuclear talks on Thursday in Geneva.

Among other commodities, spot platinum price rallied 2.1% to $2,212.72 per ounce, while palladium price gained 1.4% to $1,793.68.

Stay tuned to our Gold Rate Today Live Blog for the latest updates.

Gold ETFs gain amid a rally in MCX gold prices. Edelweiss Gold ETF, Growwgold ETF, and Angel One Gold ETF, among others rose.

Total COMEX silver inventories as of February 20 stood at 366.25 million ounces, down nearly 31% from approximately 532 million ounces in October 2025. Registered silver stocks have slipped below the critical 90 million ounce mark to 88,191,059.264 ounces, while eligible inventories declined to 278,065,980.223 ounces, official data showed. Inventories have been on a consistent downward trajectory since October last year.

MCX silver futures are trading around ₹2,60,000 – ₹2,80,000 following consolidation. While the long-term bullish framework remains intact, short-term momentum reflects corrective undertones. Key support is placed at ₹2,25,000 – ₹2,35,000. A sustained hold above this region could trigger recovery toward ₹3,00,000 – ₹3,25,000. Dips toward strong support zones may offer accumulation opportunities for positional traders, though a decisive breakdown below these levels could accelerate downside pressure, said Ponmudi R, CEO of Enrich Money.

According to Ajay Kedia, the view of MCX silver price today remains positive. MCX silver rate may face resistance at ₹2,72,100 per kg level, while support is seen at ₹2,62,730 level.

The trend for MCX gold rate today remains positive, said Ajay Kedia, Director of Kedia Advisory. According to him, MCX gold price may face resistance at ₹1,62,450 per 10 grams level, while support is placed at ₹1,59,000 level.

While short-term price action in MCX gold reflects consolidation with a mild upward bias, the broader structure remains supportive above long-term support zones. Strong demand is visible in the ₹1,45,000 – ₹1,55,000 band. A sustained hold above this base, followed by a breakout above ₹1,65,000, may revive upside momentum toward ₹1,70,000 – ₹1,75,000, keeping the medium-term outlook constructive, said Ponmudi R, CEO of Enrich Money.

The key forces that lifted silver prices in 2025 are expected to continue supporting the market in 2026. Strong industrial demand driven by rapid digitalization, AI expansion, and growth in data centers and IT infrastructure, is boosting the need for silver-intensive computing and electrical systems. At the same time, tight physical supply, geopolitical instability, US trade policy uncertainty, and concerns over Federal Reserve independence are sustaining bullion’s safe haven appeal. Meanwhile, strength in gold should help cushion downside risks for silver, even as elevated price volatility remains likely in the near term, said Geojit Investments Limited.

MCX gold rate was up by ₹707, or 0.44%, at ₹1,60,676 per 10 grams. It hit a high of ₹1,61,072 level, rising as much as 0.68%. MCX silver price was trading higher by ₹5,757, or 2.21%, at ₹2,66,501 per kg. Silver price jumped as much as 2.77% to ₹2,67,990 level.

Gold Rate Today LIVE: Gold and silver prices on Multi Commodity Exchange of India (MCX) opened higher on Wednesday, following gains in international precious metal prices, driven by safe-haven buying.

MCX gold rate today for April futures contracts opened higher by ₹1,008, or 0.63%, at ₹1,60,977 per 10 grams as against its previous close of ₹1,59,969 level.

MCX silver rate today for March futures contracts opened higher by ₹5,200, or 2%, at ₹2,65,944 per kilogram as compared to its previous close of ₹2,60,744 level.

Gold Rate Today LIVE: Among other commodities, spot platinum price rallied 2.1% to $2,212.72 per ounce, while palladium price gained 1.4% to $1,793.68.

Gold Rate Today LIVE: Spot silver price rose 1% to $88.23 per ounce, after hitting a more than two-week high on Monday.

Gold Rate Today LIVE: Spot gold price rose 0.5% to $5,174.76 per ounce, after falling 1% in the previous session as investors booked profits after gold hit a three-week high earlier in the day. US gold futures for April delivery gained 0.3% to $5,192.20.

Gold Rate Today LIVE: Gold and silver prices rallied on Wednesday, supported by safe-haven demand amid uncertainty over US tariffs and sustained geopolitical tensions in the Middle East ahead of the US-Iran nuclear talks.

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