Gold Silver Price Today Hike: Today, on February 20, there was a huge jump in the prices of gold and silver. A boom was seen from the global market to the domestic futures market. Interestingly, silver once again saw a higher rise than gold. Know the latest updates in the live blog of Jagran Business
Gold Silver Price Today Hike: Due to increasing tension between Iran and America (Iran US Tension), there is a rise in the prices of gold and silver. In the global market COMEX, gold is trading above $ 5030 per ounce (gold price today). While silver is trading at $ 78 per ounce (silver price today) with an increase of 1.31 percent.
On the domestic futures market, on Multi Commodity Exchange (MCX), gold for delivery in April 2026 is trading at Rs 1,55,836 (gold rate today) per 10 grams with an increase of 0.66 percent i.e. about Rs 1017. While silver rose by 1.68 percent, the price increased by Rs 4057 to Rs 2,45,450 (silver rate today) per kg.
Why did the prices of gold and silver rise today from the global market to the domestic futures market? Know the moment-to-moment updates in the live blog of Jagran Business.
Gold increased to Rs 1.56 lakh per 10 grams
On Friday, gold prices rose 0.89 percent to Rs 1,56,200 per 10 grams in futures trade due to increased demand for safe haven assets and strong global trend due to the latest escalating geopolitical tension between America and Iran. On MCX, the price of gold for delivery in April 2026 increased by Rs 1,381 to Rs 1,56,200 per 10 grams.
During trading, 7,362 lots were traded. In the international market, Comex gold futures for April delivery rose $49.55, or 1 percent, at $5,046.95 an ounce. Harish V, Head of Research (Commodity), Geojit Investments Limited, said gold rose above $5,000 due to strong demand for safe haven investments amid rising US-Iran tensions.
US-Iran Tension: Silver rises due to increase in demand for safe investment assets
On Friday, the price of silver rose by Rs 8021 to Rs 2,49,414 per kg in futures trade due to the strengthening trend in global markets amid increasing tension between America and Iran. During trading, 5,754 lots were traded on MCX. In the overseas market, Comex silver futures continued to rise for the third straight day, rising $1.23, or 1.6 percent, at $78.87 an ounce.
Gold Price Today: What is the price of 24, 22 and 18 carat gold on IBJA?
Gold Price Today IBJA: According to the 5 pm rates of India Bullion and Jewelers Association, there was a slight rise of Rs 496 in 24 carat gold and the price increased to Rs 1,55,066 per 10 grams. Last day this price was Rs 1,54,570.
22 carat gold became costlier by Rs 454 to Rs 1,42,040 per 10 grams. Its price on Thursday was Rs 1,41,586. 18 carat gold became cheaper by Rs 99 and reached Rs 1,15,829. Whereas last day its price was Rs 1,15,928.
Which country has how much reserve gold?
Gold Price: From 24 carat to 10 carat, what are the latest rates?
Gold Price Crash: Gold becomes cheaper by Rs 37000 from all time high
Gold Price Today: Gold on MCX made an all-time high on January 29 by reaching Rs 1.93 lakh per 10 grams. After which it has become cheaper by about Rs 37000 till now.
On MCX, gold for April delivery is trading with a rise of 0.96 percent today. Till the time of writing the news, it rose by Rs 1488 and the price increased to Rs 1,56,307 per 10 grams.
During trading, the high level of gold was Rs 1,56,607 and the low level was Rs 1,54,890. During the last trading session it had closed at Rs 1,54,819.
Silver Price Crash: Silver became cheaper by ₹ 1.70 lakh in 22 days
Silver Price Today: Silver on MCX had made a record of all time high on January 29 and the price had crossed Rs 4.20 lakh. However, the very next day there was a huge fall in silver, which continues. Since then, silver has become cheaper by Rs 1.70 lakh.
Till the time of writing the news, there was a rise of 3.95 percent in silver and the price increased by Rs 9539 to Rs 2,50,932 per kg.
Gold Demand: For the first time in the world, gold demand crossed 5000 tonnes.
Worldwide, annual demand for gold crossed the 5,000 tonne mark for the first time, rising 1% to 5,002 tonnes last year. According to the WGC, increased investment activity increased aggregate demand. However, jewelery sales declined.
Indians bought 710 tonnes of gold in a year, including 280 tonnes of coins and bars.
India is a big importer of gold. To meet the domestic consumption, India has to import gold on a large scale. However, according to the World Gold Council (WGC), due to continuous growth, gold consumption in India is expected to decline by 11% in the year 2025.
However, demand for gold coins and bars rose 17% as investors viewed the yellow metal as a safe investment amid global uncertainties. WGC data shows that last year Indians bought 710.9 tonnes of gold, which included 280.4 tonnes of coins and bars.
Gold Price Hike: Gold became costlier by Rs 1600
Gold Price Hike: On MCX, silver for delivery in April 2026 rose by 1.06 percent and the price increased by Rs 1640 to Rs 1,56,459 per 10 grams. During trading its high level was Rs 1,56,607 and low level was Rs 1,54,890. During the last trading session it had closed at Rs 1,54,819.
Silver Price Hike: Stormy rise in silver before 3 o'clock
Silver Price Hike: There was a sudden stormy rise in silver before 3 o'clock in the afternoon. On MCX, it jumped by 4.35 percent and the price increased by Rs 10,507 to Rs 2,51,900 per kg. Till the time of writing the news, its high level was Rs 2,52,067 and low level was Rs 2,41,245. Whereas during the last trading session it had closed at Rs 1,41,393.
Gold Investment: Where is India among the world's 10 largest gold consumers?
According to Investopedia's data for the year 2024, India and China have the highest consumption of gold. These two countries remain the largest consumers of gold. Global demand for gold jewelery is about 50% of the total demand for this precious metal.
Silver Price Hike: Why did silver prices rise?
The price of silver went above $78 an ounce on Friday. That marks its first weekly gain in four weeks. Silver rose due to increasing tensions between America and Iran.
US President Donald Trump warned Iran to make a nuclear deal, otherwise it will have to face consequences. Iran threatened to attack American targets.
Trading remained low due to Lunar New Year holiday in Asia. First there was a sharp rise and then fall in silver due to Chinese speculators. Now investors are keeping an eye on US economic data and Federal Open Market Commodity (FOMC) minutes.
Gold Silver Price: What are the prices of 24K, 22K and 18 carat gold in your city?
Gold Silver Price Hike Reason: What is the reason for increase in the price of gold and silver?
The reason for the rise in gold and silver is increase in buying in safe investments due to increasing tension between America and Iran. Globally, gold and silver are considered safe investments, whenever conflict or tension increases in the world, a rise in these two precious metals is seen.
Gold Rate Today: What are the latest silver rates in your city?
Gold Silver Price IBJA: Slight fall in gold, but rise in silver
Gold Silver Price: There was a slight decline of Rs 132 in 24 carat gold on India Bullion and Jewelers Association and the price became Rs 1,54,438 per 10 grams. Whereas last day this price was Rs 1,54,570. Apart from this, there was a slight rise of Rs 792 in silver and the price became Rs 2,45,564 per kg. Its price on the last trading day was Rs 2,55,772.
Gold Silver Price Comex: What is the condition of the global market?
Gold Silver Price: Gold is trading with a rise of 0.73 percent on COMEX. By the time the news was written, it had increased by $ 36.50 and the price reached $ 5034 per ounce. During the last trading session it closed at $ 5015 an ounce. Whereas Jandi is trading at $ 78.75 per ounce with an increase of 1.44 percent i.e. $ 1.16.