Gold And Silver Prices Rise Again: Should Investors Buy Or Wait?
Gold And Silver Prices Rise Again: Should Investors Buy Or Wait?
Bullion prices rebounded sharply in domestic and global markets, but analysts caution that volatility may continue due to US policy signals and geopolitical developments.
Gold and silver prices climbed again on Wednesday, February 18, recovering from the sharp decline seen a day earlier. The rebound was recorded across both Indian and international markets, though experts say the near-term outlook remains uncertain due to global economic cues and shifting geopolitical signals.
On the Multi Commodity Exchange (MCX), gold futures for April 2026 delivery rose by ₹1,885, gaining around 1.2% to trade near ₹1.53 lakh per 10 grams. Silver futures for March 2026 also jumped strongly, rising ₹4,556 or nearly 2% to settle around ₹2.33 lakh per kilogram.
Internationally, spot gold recovered after two sessions of decline and moved back towards $4,940 per ounce, while silver rose to around $76 per ounce.
Market analysts say the movement is being influenced by mixed signals from the US Federal Reserve. While some officials have suggested interest rates may remain steady, others have indicated that rate cuts could be possible if inflation moves closer to the 2% target. Such uncertainty often supports demand for safe-haven assets like gold.
Geopolitical cues have also played a role. Gold prices had come under pressure earlier after Iran signalled general agreement on the principles of a potential nuclear understanding with the United States, easing tensions temporarily. Low liquidity in Asian markets during holiday trading also contributed to sharper price swings.
Technically, experts note that gold has found support around $4,850 on CME, but charts still indicate short-term weakness unless prices decisively break above the $5,000 level. Silver remains more volatile because it is driven by both investment flows and industrial demand.
For investors, analysts suggest that staggered buying may be safer than lump-sum entry at current elevated levels. Common investment options include gold and silver ETFs, sovereign gold bonds, and certified physical bullion, with tax and liquidity factors needing consideration.
Gold Prices In Major Cities (February 18, per gram)
Delhi: 24K ₹15,434 | 22K ₹14,149
Mumbai: 24K ₹15,419 | 22K ₹14,134
Kolkata: 24K ₹15,419 | 22K ₹14,134
Chennai: 24K ₹15,621 | 22K ₹14,319
Silver Prices (February 18)
Silver 999: ₹2,59,900 per kg in major cities including Delhi, Mumbai, Kolkata and Chennai.
The recovery comes after bullion prices fell sharply on February 17 due to weak global cues and currency movements, highlighting that precious metals may remain volatile in the near term.
Disclaimer: This article is for information only and not investment advice. Readers should consult financial experts before making buying or selling decisions.
