New Delhi, India — February 23, 2026
Gold and silver prices extended gains on Monday, with silver surging ₹14,530 and gold climbing to ₹1.60 lakh per 10 grams, reflecting strong investor demand amid global economic uncertainty.
According to market data, silver prices rose sharply to ₹2.67 lakh per kilogram, marking one of the steepest recent single-session gains. Gold also advanced ₹2,680, reaching ₹1.60 lakh per 10 grams in the domestic market.
Global Market Trends
International markets mirrored the upward momentum. Spot gold was trading at $5,027.13 per ounce, while gold futures on COMEX rose 1.94% to $5,179 per ounce.
Silver prices also recorded significant gains globally, rising 5.42% to $86.805 per ounce.
Tariff Concerns and Safe-Haven Demand
Analysts attribute the rally to growing global economic uncertainty and heightened geopolitical tensions. Trade concerns linked to tariff measures announced during the administration of Donald Trump have contributed to volatility in global markets, strengthening demand for safe-haven assets such as gold and silver.
Ongoing tensions in West Asia have further supported precious metal prices, as investors shift toward lower-risk investment options.
Market Outlook
Market experts suggest that, given current global conditions and investor caution, bullish momentum in gold and silver may continue through the week. Retail and institutional investors are closely watching price movements to assess whether gold could test new record highs or experience short-term volatility.
Financial analysts advise investors to monitor global economic indicators, currency movements, and geopolitical developments, as these factors are expected to influence the next phase of price action.
