On Tuesday, 17 February 2026, gold and silver prices in India closed lower as profit-booking intensified and global cues turned subdued. Both metals experienced downward pressure from a firmer U.S. dollar and thin trading volumes amid holiday closures in major Asian markets, leading to a risk-off environment for bullion. Domestic retail rates for 24 K and 22 K gold ended the session weaker, while silver’s correction deepened its recent downtrend. Global bullion also eased on improved geopolitical sentiment and a stronger greenback.Market Close Prices (Retail – India, 17 Feb 2026) City24 K Gold (₹/10g)22 K Gold (₹/10g)Silver (₹/kg)Delhi1,56,4301,43,3902,60,000Mumbai1,56,4301,43,3902,60,000Chennai1,57,520*1,44,390*2,65,000*Bengaluru1,56,4301,43,3902,60,000Hyderabad1,56,4301,43,3902,65,000Kolkata1,56,4301,43,3902,60,000 Approximate city variation. Retail prices reflect closing rates; local levies and jeweller premiums may differ.Intraday Movement & Price DirectionGold opened on a weaker footing and extended losses through the session, reflecting profit-taking after recent rallies and a lack of strong support from global bullion markets. Prices tested intraday lows near ₹1.53-1.54 lakh/10 g before closing near retail levels shown above. MCX futures for gold slipped about 0.8%-1.0%, indicating persistent selling pressure during the day. Silver showed greater volatility, with MCX futures down around 2% and physical silver markets seeing a sharper drop in kilogram rates, underscoring broader weakness in white metal sentiment.Gold… Read MoreStartupTalky- Business News, Insights and Stories
