Silver Prices Witness Sharp Decline, Gold Edges Higher in Latest Market Update
In a notable shift in the precious metals market, silver prices experienced a significant drop of approximately 2%, settling at Rs 2.5 lakh per kilogram. Concurrently, gold prices showed a modest upward movement, increasing by Rs 700 per 10 grams. This data, released by the All India Sarafa Association, highlights the divergent trends affecting these key commodities.
Detailed Breakdown of Silver's Price Movement
The white metal, silver, depreciated by Rs 5,000, which translates to a decline of 1.96 percent. On Friday, silver was trading at Rs 2,55,000 per kilogram, but it has now fallen to Rs 2,50,000 per kilogram. It is important to note that these prices are inclusive of all applicable taxes, providing a comprehensive view of the market conditions.
Gold's Steady Advance Amid Market Volatility
While silver faced downward pressure, gold managed to secure gains, advancing by Rs 700 per 10 grams. This increase reflects a relatively stable demand for gold, even as other precious metals like silver experience fluctuations. The contrasting performance between gold and silver underscores the complex dynamics at play in the commodity markets.
Market Implications and Future Outlook
The recent price movements have significant implications for investors and traders involved in the precious metals sector. The decline in silver prices could be attributed to various factors, including changes in industrial demand or shifts in global economic indicators. On the other hand, gold's resilience may be driven by its traditional role as a safe-haven asset during times of uncertainty.
Key Points to Consider:
- Silver prices dropped by Rs 5,000, or 1.96%, to Rs 2.5 lakh per kg.
- Gold prices increased by Rs 700 per 10 grams, showing a positive trend.
- All prices reported are inclusive of taxes, as per the All India Sarafa Association.
- The data was updated on 16 February 2026, at 14:36 IST.
Market participants are advised to monitor these trends closely, as they could influence investment strategies and economic forecasts in the coming days.
