Gold-Silver Rate: Gold and silver prices rose for the second consecutive day, gold became costlier by Rs 203, silver also rose.
Gold-Silver Price Today 19 Feb: For the last few days, continuous fluctuations are being seen in the prices of gold and silver. Experts believe that the increasing tension between America and Iran may affect the prices of gold and silver. As tensions increase, investors turn to safe-havens, which may lead to a rise in gold and silver prices.
Today on February 19, there was movement again in the bullion market in the morning. In early trade on the Multi Commodity Exchange (MCX), both gold and silver were trading in the green. Gold with expiry of April 2026 rose by Rs 203 (0.13%) to Rs 1,55,964 per 10 grams. At the same time, the price of silver with expiry of March 5, 2026 was trading at Rs 2,45,397 per kg with an increase of Rs 1,129 (0.46%).
Correction after all time high
Till 09:17 am, buyers were seen dominating the market. However, after some time, the price of gold fell by Rs 74 to Rs 1,55,687 per 10 grams and silver fell by Rs 1,748 to Rs 2,42,520 per kg. Experts say that this correction is a normal process after all-time high. If this momentum continues in the coming few days, gold and silver may move towards their highest levels. But if prices do not stabilize, the market may again see fluctuations.
Decision to remove extra margin on gold and silver
A big news for investors is that MCX has removed the additional margin applicable on gold and silver futures trading. Now the additional margin of 3% on gold and 7% on silver will not be applicable. This simply means that traders will have to deposit less money than before to create a position in the market. This will increase cash flow in the market and make trading easier for small investors.
Also read: Share Market: Great rise in the share market, Sensex opened strongly at 83969 and Nifty at 25873 levels.
Experts say that at present the market trend is very important. If this rise in prices continues for a few sessions, investors may get a chance to make long-term profits. At the same time, the possibility of market fluctuations cannot be ignored. It is clear from today’s trading that both gold and silver remain safe and attractive options in the eyes of investors.
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