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Gold prices on Friday (February 27, 2026) rose ₹890 to ₹1,60,599 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher by ₹890, or 0.56%, at ₹1,60,599 per 10 grams in a business turnover of 7,735 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.26% to $5,199.66 per ounce in New York.
“Gold prices remained largely range-bound on Friday, with upside capped by a firmer U.S. dollar and mixed global cues, while safe-haven demand amid geopolitical uncertainty continued to underpin sentiment,” Gaurav Garg, research analyst at Lemonn Markets Desk, said.
Silver climbs over 3% in futures trade to ₹2.67 lakh/kg on renewed safe-haven buying
Silver prices climbed more than 3% to ₹2.67 lakh per kilogram in the futures trade on Friday, tracking renewed safe-haven buying amid escalating geopolitical tensions and uncertainty over U.S. trade policy.
On the Multi Commodity Exchange, the white metal for March delivery surged ₹8,231, or 3.17%, to ₹2,67,900 per kg in a business turnover of 3,352 lots.
“Silver, in contrast, outperformed and advanced sharply, with MCX futures moving into the upper Rs 2.6-2.7 lakh per kg range amid heightened geopolitical tensions and renewed safe-haven buying,” Mr. Garg said.
He added that market sentiment remained cautious ahead of key U.S. economic data release and the next round of talks between the U.S.-Iran. Expectations of strong industrial demand for silver, particularly from solar and electronic sectors, also continued to support prices.
In the overseas market, Comex silver futures increased $1.82, or 2.06%, to $90.11 per ounce.
Published – February 27, 2026 05:08 pm IST
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