Friday, March 6, 2026
Google search engine
HomeEnglishGold Price Today: Gold, Silver Open Strong on MCX Today; Key Highlights...

Gold Price Today: Gold, Silver Open Strong on MCX Today; Key Highlights from Trump’s State of the Union Speech

Gold Price Today: On Wednesday, February 25, 2026, gold and silver prices opened on a strong note on the Multi-Commodity Exchange (MCX), tracking firm global cues at the start of the trading session. At the market open, MCX gold for April futures surged ₹1,008, or 0.63%, to ₹1,60,977 per 10 grams, compared to its previous close of ₹1,59,969. Meanwhile, MCX silver for March futures jumped ₹5,200, or 2%, to ₹2,65,944 per kilogram against the earlier close of ₹2,60,744, reflecting sharp buying interest in bullion contracts.

In the international market, precious metals also traded at higher prices. Spot gold climbed 0.48% to $5,202 per ounce, while spot silver advanced nearly 0.96% to $88.25 per ounce, lending further support to domestic bullion prices at the opening bell.

For Expert Views on Gold and Silver Prices Watch Our Youtube Channel- (1.77 Lakh Subscribers, 30 Million Views)

GOLD PRICE TODAY: MAJOR EVENTS OF THE DAY (25th Feb, 2026)

Key Events of the Day
Wednesday, February 25, 2026
01:45 AM – Fed President Susan Collins Speech

Highlights of Trump’s State of the Union Speech
The State of the Union is an annual constitutional address delivered by the US President to a joint session of Congress, where the president reports on the nation’s condition and sets out legislative and economic goals.

Donald Trump used the nationally televised speech to outline his administration’s policy priorities and frame the political narrative ahead of a crucial election year.

  • Trump revived references to the possibility of a third presidential term while discussing his administration’s effort to reduce drug prices.
  • He said most countries want to maintain trade deals with the United States, despite ongoing tariff disputes.
  • Trump described the Supreme Court’s decision striking down his tariff as “very unfortunate” and signaled he would pursue alternative trade measures.
  • He stated that the new tariff would be complex and could be implemented without Congressional approval.
  • He suggested that tariffs could eventually replace income tax, arguing they would shift the financial burden away from American Citizens.
  • Trump said technology companies have agreed to cover their own electricity costs for the energy-intensive centers to prevent higher power bills for consumers.
  • He claimed the United States has received more than 80 million barrels of oil from Venezuela, calling the country a new partner.
  • He praised declining prices and economic progress even as some data continued to show elevated living costs.
  • He stated that they are attempting to resolve the conflict with Iran through diplomatic means.
  • Trump also stated that America dont want Iran to have nuclear weapons. 

GOLD PRICE TODAY: EXPERT OPINIONS
Manoj Kumar Jain, Director Prithvi Finmart, a senior financial market expert, said:
On Tuesday, gold and silver were settled on a mixed note in the international markets. Gold April futures contracts were settled at $5,176.30 per troy ounce, down by 0.94%, while silver March futures contracts were settled at $87.506 per troy ounce, up by 1.08%.

Domestic markets were settled on a weaker note. Gold April futures contract settled at Rs1,59,969 per 10 grams with a loss of 1.01% and silver March futures contract settled at Rs2,60,744 per kilogram with a loss of 1.73%.

Gold and silver prices show profit-taking from their high in a highly volatile session ahead of U.S. President Trump’s speech. Gold prices slipped from a 3-week high, while silver showed some uptick after the reopening of the Chinese markets. The U.S. President’s global tariff of 10% came into effect from Monday and increased uncertainty in global trade once again.

Markets are also looking cautious ahead of the U.S. and Iran scheduled talks on 26th February at Geneva on the nuclear deal. The dollar index is also trading steady above 97 marks and limiting gains of both precious metals. However, U.S. tariff uncertainty and geopolitical tensions could support the prices of precious metals.

Manoj Kumar Jain View for Today (For Gold and Silver) | 25/02/2026

“We are experiencing very high price volatility in both precious metals, but silver prices could hold their support level of USD 68.00 per troy ounce, and gold prices could also hold their support level of USD 4,880 per troy ounce on a closing basis this week.

We expect gold and silver prices to remain volatile this week amid volatility in the dollar index, US-Iran tensions, and ahead of the Trump speech. Gold has support at USD 5122-5084, while resistance is at USD 5220-5264 per troy ounce, and silver has support at USD 84.80-82.00, while resistance is at USD 90.00-92.40 per troy ounce in today’s session.

At MCX, gold is having support at Rs 158800-Rs 156300 and resistance at Rs 161400- Rs 163000, while silver is having support at Rs 254400-Rs 248800 and resistance at Rs 266000-Rs 271000. We suggest buying gold on dips around Rs 159000-Rs 157000 range with a stop loss below Rs 155500 for the targets of Rs 161000-Rs 162500.”

Kedia Commodity View for Today (For Gold) | 25/02/2026

Technically, the market is under fresh selling pressure, with open interest rising 3.11%. Support is seen at Rs 1,58,425, below which prices may test Rs 1,56,880. Resistance stands at Rs 1,61,375, with a move above targeting Rs 1,62,780.”

Kedia Commodity View for Today (For Silver) | 25/02/2026

“Technically, the market is witnessing long liquidation, with open interest falling 21.93%. Immediate support is seen at Rs 2,53,450, with a break below targeting Rs 2,46,160. Resistance stands at Rs 2,68,080, and a move above could test Rs 2,75,420.

GOLD PRICE TODAY: FAQs
1. What were the MCX gold and silver opening prices today?
At the market open on February 25, 2026, MCX gold April futures opened at ₹1,60,977 per 10 grams, up 0.63%, while silver March futures opened at ₹2,65,944 per kilogram, up 2%.

2. How did international bullion prices perform?
Spot gold rose 0.48% to $5,202 per ounce, and spot silver gained nearly 0.96% to $88.25 per ounce during Asian trading hours.

3. What major global factors are influencing gold and silver prices?
Key drivers include US tariff uncertainty, ongoing US-Iran nuclear talks, volatility in the dollar index above 97, and geopolitical tensions highlighted during Trump’s State of the Union speech.

4. What are the key support and resistance levels for gold and silver?
Gold has support at $5,122–$5,084 and resistance at $5,220–$5,264 per ounce. On MCX, gold support is seen at ₹1,58,800–₹1,56,300 and resistance at ₹1,61,400–₹1,63,000. Silver support stands at $84.80–$82.00 internationally and ₹2,54,400–₹2,48,800 on MCX.

5. What is the expert trading strategy for today?
Experts suggest buying gold on dips around ₹1,59,000–₹1,57,000 with a stop loss below ₹1,55,500, targeting ₹1,61,000–₹1,62,500, amid expected high volatility this week.

Gold Price Today Digital Media Network
Facebook Page (100K Followers)- https://www.facebook.com/Goldsilverpricetoday
Facebook group of (80K Jewellers Member – Sunar Jewellers Ekta – https://www.facebook.com/groups/goldsilverpricenews
Website (100000 Users)- https://goldpricetoday.co.in/
Instagram (46 K Followers)- https://www.instagram.com/goldpricetodaynews/
X- https://twitter.com/today_gold
Telegram Group (2000 Members)- https://telegram.me/goldsilverprice
Magazine (20000 Digital Subscribers): Gold Silver News For Magazine Subscription Contact +919111435279
Whatsapp News(25000 Members): +918448469588

RELATED ARTICLES
- Advertisment -
Google search engine

Most Popular