Gold Price Today: In the domestic market, gold and silver futures on the Multi-Commodity Exchange of India (MCX) moved lower on Monday, mirroring weakness in global bullion prices and supported by a stronger US dollar. Sentiment was further pressured by profit booking after the sharp gains recorded last week. MCX gold for April delivery began the session 0.57% lower at ₹1,54,999 per 10 grams, down from its previous close of ₹1,55,895. Similarly, MCX silver for March delivery opened ₹5,871 or 2.4% lower at ₹2,38,489 per kg compared to the earlier close of ₹2,44,360.
Globally, COMEX bullion prices also softened due to mild profit taking, even after softer US inflation data had earlier propelled gold past the $5,000-per-ounce level. In Asian trading hours on Monday, spot gold slipped about 0.27% to $5,033 per ounce, while spot silver fell more than 2.08% to $76.34 per ounce, indicating a cautious undertone in the market following the recent upswing.
Gold Price Today: IBJA Prices for 16-02-2026
The India Bullion and Jewellers Association (IBJA) does not publish data on Saturday and Sunday. The price below was noted down on the morning of 16th February 2026.
According to the IIBJA rates, the gold price opened with a growth of ₹1315, Silver declined by ₹2949, and platinum showed a decline of ₹434 this morning, when compared to last evening’s closing prices.
Disclaimer: The prices mentioned above do not include GST.
Gold Price Today: Prices of Sarafe Bazaar for 16-02-2026
This morning heavy decline was seen in all the prices of gold, silver, and platinum in Sarafa Bazaar.
Gold Price Today: Prices of Various Cities for 16-02-2026
GOLD PRICE TODAY: FAQs
1. Why did gold and silver prices fall on MCX today?
Gold and silver futures on the Multi Commodity Exchange of India (MCX) declined due to weakness in global bullion markets and a stronger US dollar. Additionally, traders booked profits after last week’s sharp rally, adding pressure on prices.
2. What were the opening prices of MCX gold and silver?
MCX gold for April delivery opened 0.57% lower at ₹1,54,999 per 10 grams, compared to its previous close of ₹1,55,895.
MCX silver for March delivery fell ₹5,871 (2.4%) to ₹2,38,489 per kg, down from ₹2,44,360.
3. How did global bullion prices perform?
On the global front, bullion prices on COMEX also softened due to mild profit-taking. In Asian trade, spot gold slipped 0.27% to $5,033 per ounce, while spot silver dropped over 2.08% to $76.34 per ounce.
4. What role did the US dollar play in the price movement?
A stronger US dollar makes gold and silver more expensive for holders of other currencies, reducing demand. This currency strength contributed to the downward movement in both domestic and global bullion prices.
5. Why is profit booking impacting the bullion market?
After gold crossed the $5,000 per ounce mark following softer US inflation data, traders locked in gains from the recent rally. This profit-taking led to a temporary pullback in prices despite supportive macroeconomic cues.
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