Gold, Silver Rates Today Live Updates: Gold And Silver MCX On Upward Rally; Is This The Right Time To Hold Or Sell?
Published on: Feb. 5, 2026, 7:49 a.m. | Source: Times Now
Gold Silver Rates Today Live Updates: Gold and silver prices on the Multi Commodity Exchange of India (MCX) showed their upward momentum, with 24-carat gold trading 0.22 per cent higher at Rs 1,53,390 per 10 grams and silver MCX trading at Rs 2,70,549 per kg, up by Rs 1,699, marking a gain of 0.63 per centMeanwhile, on Wednesday as well, Gold MCX and silver MCX prices continued their upward march, tracking firm cues from international bullion markets. Gold futures on MCX saw a strong start to the session, with April contracts opening nearly 3 per cent higher at Rs 1,58,420 per 10 grams compared with the previous close of Rs 1,53,809. Buying momentum remained strong through the session, pushing prices to an intraday peak of Rs 1,60,755 per 10 grams, reflecting a sharp rise of over 4.5 per cent.Meanwhile, Silver futures outpaced gold in percentage terms, registering a steep rise on MCX. March contracts opened higher by Rs 10,000, or around 3.7 per cent, at Rs 2,78,015 per kilogram versus the previous close of Rs 2,68,015. The white metal extended gains during intraday trade, climbing nearly 6 per cent to touch a high of Rs 2,84,094 per kg.International Bullion Markets Stay FirmIn global markets, gold and silver traded higher on Comex, with prices rebounding strongly after recent fluctuations. Spot gold rose 2.8 per cent to $5,076.01 per ounce, building on the previous session’s massive rally—the strongest single-day gain since late 2008. US gold futures for April delivery were also higher, trading above $5,090 per ounce.Silver prices overseas followed a similar trend, with spot silver climbing 5 per cent to $89.38 per ounce. Despite recent sharp corrections, the broader trend remains volatile as traders react to geopolitical developments, currency movements, and shifting expectations around US monetary policy., Business News, Times Now
