Gold and Silver Prices in India End Mixed on 24 February 2026 Market Close: Gold Consolidates, Silver Fluctuates

Gold and silver prices in India ended mixed to slightly lower on 24 February 2026, reflecting subdued global cues and profit‑booking late in the session. Gold eased marginally, while silver showed intraday volatility, consolidating after an earlier rally. The US dollar’s strength and global trade uncertainties were key factors shaping the metals’ closing levels.

Market Close Gold and Silver Prices (Retail Spot /Indicative)

Prices are indicative closing retail spot rates; local rates may vary by dealer, taxes, and making charges.

Intraday Movement & Price Direction

Gold opened at around ₹1,61,000 per 10 g in most cities and drifted lower by ₹200-700, reflecting mild profit-booking. Silver, however, began near ₹2,63,500 per kg, rallied up to ₹3,00,000 intraday in some markets, before easing to ₹2,63,728, showing fluctuations of ~₹36,000 intraday (~13.7%).

Overall, gold displayed steady decline with limited volatility, while silver’s intraday swings were more pronounced, pointing to higher short-term trading activity.

Gold Rate Analysis: Consolidation with Marginal Retreat

• Opening vs Closing: Gold opened at ~₹1,61,000 (24K) and closed at ₹1,60,800 in Delhi, a fall of ₹200 (~0.12%). Similar minor drops were seen across other cities.
• Safe‑Haven Demand: Despite minor easing, investors maintained interest in gold amid global uncertainties, limiting sharper declines.
• Currency Impact: The US dollar index remained firm, keeping gold mildly pressured in rupee terms.
• Global Benchmark: COMEX gold slipped ~$4-5/oz intraday, influencing domestic prices.
• Resistance Levels: Gold remains below ₹1,61,500-1,62,000, showing consolidation near multi-week highs.

Numerical Insight: Gold’s intraday range in Delhi was ₹1,60,600-1,61,000, highlighting a modest 0.25% volatility, much lower than silver.

Silver Rate Analysis: Volatility Dominates

• Opening vs Closing: Silver opened at ₹2,63,500, spiked to ₹3,00,000 intraday, and retraced to ₹2,63,728 by close.
• Relative Volatility: Intraday price movement was ~₹36,500 (~13.7%), compared to gold’s ~₹400 (~0.25%).
• Industrial Demand Influence: Price swings reflect sensitivity to global industrial cues and short-term speculative positioning.
• Under/Outperformance: While gold saw minor losses, silver briefly outperformed due to speculative spikes before giving back gains.

Numerical Insight: The silver intraday high of ₹3,00,000 versus the close at ₹2,63,728 signals a significant retracement (~12%), highlighting stronger short-term swings.

Key Factors Driving Prices Today

• Global Dollar Strength: A firm dollar pressured gold and limited upside for silver.
• Tariff & Trade Uncertainty: Ongoing global trade concerns provided intermittent safe-haven demand.
• Silver Volatility & Recovery: Intraday speculative activity drove sharp swings before consolidation.

What Today’s Close Signals for the Market

Today’s session suggests a phase of consolidation after recent rallies. Gold’s modest decline points to digesting gains, while silver’s retracement highlights short-term market swings. Overall, volatility is tempering for gold but remains elevated for silver.

Verdict for Investors

Investors should note cautious consolidation in domestic bullion markets. Gold’s minor retreat indicates limited near-term directional momentum, whereas silver remains highly sensitive to intraday speculative flows. Monitoring global cues, particularly US dollar movements and macroeconomic data, will remain essential to anticipate potential shifts in precious metal pricing.

This analysis is for informational purposes and does not constitute investment advice.

Gold and Silver Prices in India Jump at Market Close on 23 February 2026; Silver Surges 6% Intraday

Gold closes near ₹1,59,420/10 g and silver at ₹2,74,900/kg in India on 23 February 2026, with silver surging over 6% intraday. Market close analysis included.

StartupTalky- Business News, Insights and StoriesStartupTalky News