Gold and Silver Prices Show Fresh Strength on MCX — Is the Bullish Trend Returning?
After sharp swings in recent weeks, gold and silver prices have once again shown signs of strength on the MCX, reviving discussions around a possible bullish phase. While the prices are still below their peak levels, the latest movement suggests a recovery pattern that investors are closely watching.
Gold and silver price levels have remained above their long-term averages, indicating that the broader trend is still positive despite short-term corrections. Market participants are now trying to understand whether this upward movement signals renewed momentum or a temporary rebound after volatility.
Gold and Silver Price Levels Remain Elevated on MCX
Gold and silver prices in the market also rose on Monday. Silver rates reached rare levels near ₹2,61,167 per kilogram, while gold rates stood around ₹1,57,108 per ten grams. These prices remain above average levels on MCX, suggesting a bullish or upward trend even after falling from peak zones.
This correction phase is being viewed as a healthy sign rather than a reversal. For the economy and long-term investors, such phases often bring stability after sharp rallies.
MCX Sees Recovery After Last Week’s Volatility
On 9 February 2026, silver prices for nearly one kilogram were around ₹2,57,210, while gold prices were close to ₹1,57,360 per ten grams on MCX. After noticeable fluctuations during the previous week, prices moved higher during the evening session, reflecting renewed buying interest.
This recovery highlights how quickly sentiment can shift in the precious metals market once selling pressure eases.
Gold and Silver ETF Prices Reflect Strong Recovery
Gold and silver ETF prices also showed improvement. Silver ETF prices rose to around ₹2,64,885 per kilogram, reflecting a recovery of nearly 10 to 11 percent from recent lows. Gold ETF prices gained nearly 3 percent compared to last week and trading close to ₹1,58,500 per ten grams.
ETF movements often mirror broader investor confidence, and the recent rise indicates that interest in precious metals remains intact.
Global Cues and Trade Developments Influence Prices
Following India–US trade developments, both the dollar and rupee showed strength. Similar trends were reflected in gold and silver prices across national and international markets, influencing investor sentiment.
Positive Impact of Rising and Falling Prices
Investors who entered the market over the last four years benefited by booking profits near peak levels. The recent decline has again created opportunities to buy at lower prices and wait for the next cycle.
Negative Impact of Buying at Peak Levels
On the other hand, those who bought gold and silver during fear of missing out or greed at higher levels are facing losses, especially in intraday trading. Rational decision-making remains critical.
Gold vs Silver: Which Is Better Now?
Silver prices have risen faster than gold since 2025, showing nearly 200 percent growth. However, silver is more volatile and falls sharply compared to gold. Gold remains a long-term safe-haven asset, while silver depends heavily on supply and demand.
Long-Term Outlook Remains Constructive
Silver remains affordable for many Indian investors, and falling prices offer buying opportunities — provided liquidity is available. Despite short-term neutrality, the broader outlook suggests investment remains favorable for the long term.
What’s your view on the current gold and silver prices—recovery ahead or more consolidation? Share your thoughts and stay tuned for more market updates.
Disclaimer: This article is published for informational purposes only. Readers are advised to verify details from official sources before making any decisions. The website is not responsible for any loss or damage arising from the use of this information.
