Gold and silver prices suffered significant losses on the MCX in the intraday session on Tuesday, February 17. MCX gold April futures dropped to ₹1,51,244 per 10 grams during the session, falling by more than ₹3,500, or over 2%. On the other hand, MCX silver March contracts suffered a bigger loss of over ₹10,500, or 4.4%, to ₹2,29,352 per kg. Why are gold, silver prices falling? Gold and silver prices are experiencing heightened volatility.

Source: Mint February 17, 2026 19:40 UTC