Gold Prices Ease, Silver Gains in February 13 Trade

Precious metals traded mixed in India on February 13, with gold prices edging lower while silver posted modest gains. On the Multi Commodity Exchange (MCX), gold fell ₹10 to ₹1,58,390 per 10 grams, extending its recent decline amid global market pressures. In contrast, silver rose ₹100 to ₹2,95,100 per kilogram, supported by industrial demand and investor interest.

Market experts attribute the dip in gold to a stronger US dollar and weak international bullion prices, while silver’s resilience reflects optimism in industrial consumption. Traders remain cautious, with short-term consolidation expected as global economic data continues to influence sentiment.

Key Highlights

• Gold Price: Down ₹10, trading at ₹1,58,390 per 10 grams.
• Silver Price: Up ₹100, trading at ₹2,95,100 per kilogram.
• Global Factors: Weak bullion prices, stronger US dollar weigh on gold.
• Investor Sentiment: Silver supported by industrial demand and cautious optimism.
• Outlook: Range-bound trade expected; global cues and rupee movement remain key drivers.

This mixed trend underscores the importance of global market signals in shaping India’s bullion trade, with investors advised to monitor both international prices and domestic currency fluctuations.

Sources: News24 Business, GoldPriceIndia, Economic Times, Moneycontrol