New Delhi, India — February 17, 2026
👉 Key Trigger: Mixed U.S. economic data + rate-cut uncertainty
Gold & Silver Prices Crash Today
📉 Gold: ₹1,230 down
📉 Silver: ₹4,830 down
📊 Global trend: Both metals fall for second session
📉 Silver drops nearly 3% internationally
Gold and Silver Rates Today
Domestic bullion markets recorded notable losses:
Gold fell ₹1,230 to ₹1.54 lakh per 10 grams
Silver dropped ₹4,830 to ₹2.36 lakh per kilogram
In early trading on the Multi Commodity Exchange, silver slipped ₹4,131 to about ₹2.40 lakh/kg, while gold declined ₹1,145 to around ₹1.54 lakh per 10 grams.
Global Market Trend
International bullion prices also weakened for the second straight session:
Spot gold slipped 0.43% to below $4,992 per ounce
Spot silver fell nearly 3% to about $74.24 per ounce
Analysts attribute the decline to mixed U.S. economic indicators that have altered expectations about future monetary policy.
Why Prices Are Falling
Recent U.S. data showed lower-than-expected inflation alongside stronger-than-forecast employment growth, creating uncertainty about interest rate direction from the Federal Reserve.
Markets currently expect the Fed to keep rates unchanged in its March 18 meeting, though traders are pricing in potential rate cuts by mid-2026. Typically, lower interest rates support gold prices, but policy uncertainty has kept bullion under pressure.
What Investors Are Watching Next
Market participants are closely tracking:
Federal Reserve meeting minutes
Fourth-quarter GDP data
Core PCE price index (Fed’s preferred inflation gauge)
These indicators could shape expectations for monetary policy and influence bullion trends.
Global Factors Impacting Sentiment
Geopolitical signals also affected investor sentiment after an Iranian diplomat suggested willingness to pursue a nuclear agreement with the United States that could bring economic benefits.
Trading volumes remained thin as U.S. markets were closed for Presidents Day, while several Asian markets were shut for Lunar New Year holidays, leading to increased price swings.
