What are the key silver gold rates to watch on MCX today?

Gold hovers near ₹1.56 lakh per 10g, with ₹1.61 lakh as breakout confirmation and ₹1.70 lakh as the next objective. Silver trades around ₹2.53 lakh per kg, with a potential path toward ₹3.0 lakh if resistance breaks. Wait for daily closes to confirm direction.

Why do city gold rates differ from MCX futures?

City prices include import duty, GST, making charges, and jeweller margins. MCX reflects standardized contracts, hedging demand, and quick reactions to the rupee and global cues. These frictions create short-term gaps. As inventories turn over and demand adjusts, the spread usually narrows.

How should traders manage risk around breakout attempts?

Use smaller sizes until a daily close confirms the move. Scale in on strength and pre-set exit rules. Consider options to limit downside on volatile days. Avoid chasing intraday spikes without confirmation. Reassess if momentum fades or closes slip back below recent resistance levels.

Is now a good time for jewellers to hedge?

If inventory exposure is high, staggered hedges can help. Add partial coverage on strength and review after each daily close. This reduces timing risk while keeping upside potential. Track the rupee, import costs, and consumer demand to fine-tune hedge ratios across the month.

Global Market Insights

Gold & Silver in India Today, February 22: MCX Rally Signs, Breakout Watch

ByHuzaifa Zahoor February 22, 2026February 22, 2026

Silver gold rates are in focus today for India as MCX gold trades near ₹1.56 lakh per 10g and silver holds around ₹2.53 lakh per kg. A sustained move above ₹1.61 lakh could open ₹1.70 lakh, while silver may stretch toward ₹3.0 lakh if resistance breaks. We track MCX gold price, silver price today, and gold rate India to spot clean entries. Domestic futures show strength as some city retail quotes eased this week, keeping a rally watch live for traders, jewellers, and hedgers on February 22, 2026.