3 months ago
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Precious metals prices declined much than 5% successful the nationalist superior connected Friday (February 13, 2026), with metallic declining to ₹2.55 lakh per kilogram, portion golden dropped to ₹1.58 lakh per 10 grams amid subdued request successful the section market.
According to the All India Sarafa Association, the achromatic metallic slumped ₹13,500, oregon 5.03%, to ₹2,55,000 per kilogram (inclusive of each taxes). It ended level astatine ₹2,68,500 per kg connected Thursday (February 12, 2026).
Gold of 99.9% purity besides dived ₹2,400, oregon 1.5%, to ₹1,58,500 per 10 grams (inclusive of each taxes) from the erstwhile adjacent of ₹1,60,900 per 10 grams.
“Gold and metallic fell sharply connected Friday [February 13, 2026] amid a broader marketplace sell-off and remained nether unit connected Friday [February 13, 2026], arsenic investors adopted a cautious stance up of the highly anticipated U.S. user ostentation data,” Saumil Gandhi, elder analyst, commodities astatine HDFC Securities, said.
In the planetary market, spot metallic gained $2.01, oregon 3%, to $77.30 per ounce, portion golden was trading astir 1% higher astatine $4,968.40 per ounce.
“Silver has rebounded to commercialized adjacent $79 per ounce, portion golden has besides recovered to $4,990 per ounce arsenic markets crook their absorption to upcoming U.S. Consumer Price Index [CPI] data,” Kaynat Chainwala, AVP commodity research, Kotak Securities, said.
She added that softer ostentation readings could revive expectations of argumentation easing and supply much-needed stableness to bullion prices portion persistent ostentation and a resilient labour marketplace could support the Federal Reserve connected a “higher-for-longer” trajectory, keeping prices nether pressure.
Meanwhile, easing geopolitical tensions, peculiarly astir Russia-Ukraine and renewed U.S.-Iran atomic discussions, person dampened safe-haven demand.
“On Thursday [February 12, 2026], metallic faced further unit from anemic U.S. existing location income and concerns implicit softer Chinese concern request up of the Lunar New Year shutdown,” Ms. Chainwala said.
