Silver, gold prices: Silver tumbles Rs 15,000 on MCX, gold slips below Rs 1.5 lakh; should you buy?

Feb 6, 2026 - 17:00
Silver, gold prices: Silver tumbles Rs 15,000 on MCX, gold slips below Rs 1.5 lakh; should you buy?

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Gold and silver prices plummeted on the MCX Friday, driven by weak global sentiment and a stronger dollar. Silver futures saw a sharp 6% drop, while gold futures fell 2%. International markets showed mixed trends. Increased margin requirements on the MCX added to the volatility, prompting traders to cut positions. Experts advise caution amid high price swings.

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