Silver Price Today: Know the price before going to the goldsmith’s shop, has silver slipped again or is it touching the sky?
Silver Rate Today | Sliver Price Today | Today’s Silver Price: There was a slight decline in the price of silver on Monday, February 16, 2026 due to better than expected inflation data in the US due to the rise in the US dollar. According to the information, the rate of silver on MCX has fallen by 3.3% to ₹ 2,36,100 per kg. Meanwhile, in the international market, spot silver fell 0.6% to $76.92 an ounce after gaining 3% on Friday.
price of silver
Let us tell you that the US dollar index has increased on Monday. The dollar index rose 0.10% to 97, making greenback-backed bullion costlier for buyers in foreign currencies. Meanwhile, data released by the Labor Department on Friday showed that the US Consumer Price Index (CPI) rose 0.2% in January, below economists’ expectations of a 0.3% increase after gaining 0.3% without change in December. Low inflation figures usually increase expectations of interest rate cuts.
what is the condition of gold
On the other hand, gold also declined today. MCX Gold April contract fell by 0.74% to ₹ 1,54,743 per 10 grams. Meanwhile, in the international market, spot gold fell 0.4% to $5,020.10 an ounce by 0111 GMT after gaining 2.5% in the previous session. US gold futures for April delivery fell 0.1% to $5,039.50 an ounce. Other precious metals also fell. Spot platinum fell 0.4% to $2,054.35 an ounce, while palladium rose 0.4% to $1,692.23.
What should investors do?
According to Gaurav Garg of Lemon Markets Desk, after last year’s sharp rally, 2026 will see a corrective phase of fluctuations in gold and silver, although the big bullish trend of many years remains. Garg said, “On MCX, gold is consolidating around ₹1.55-1.58 lakh per 10g, while silver has shown sharp two-way moves near ₹2.41 lakh/kg despite being below the earlier peak. Global prices remain very high year-on-year, reflecting the strength of the previous rally. Volatility Strong US dollar, Fed rate-cut expectations “The change is happening due to macro data surprises and heavy profit-booking.”
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