Gold and Silver Prices Surge on February 11: Silver Jumps ₹8,000, Gold Also Gains on MCX

New Delhi: Gold and silver prices witnessed a sharp rise in early trade on Wednesday, February 11, 2026, as strong buying momentum lifted bullion rates on the Multi Commodity Exchange (MCX). The market opened with a major spike, with silver soaring by more than ₹8,000 per kg, while gold gained over ₹1,600 per 10 grams.

Silver Price Today on MCX

Silver futures for March 5 delivery closed in the previous session at ₹2,52,548 per kg. On Wednesday morning, it opened sharply higher at ₹2,57,938 per kg.

In early trading, silver touched:

• High: ₹2,60,838 per kg
• Low: ₹2,57,938 per kg

By 9:30 AM, silver was trading at around ₹2,60,000 per kg, up by ₹7,452 (2.95%), reflecting strong bullish sentiment.

Gold Price Today on MCX

Gold futures for April 2 delivery ended the previous session at ₹1,56,803 per 10 grams. It opened higher at ₹1,58,436 per 10 grams.

In early trade, gold recorded:

• High: ₹1,58,436 per 10 grams
• Low: ₹1,57,808 per 10 grams

At around 9:30 AM, gold was trading at approximately ₹1,57,977 per 10 grams, up by ₹1,174 (0.75%).

International Market Supports Rally

The upward movement in domestic bullion prices was supported by rising global trends. Internationally, gold and silver gained due to a decline in US Treasury bond yields, which boosted demand for safe-haven assets.

In the global market:

• Spot Gold: up 0.3% at $5,038.73 per ounce
• US Gold Futures: up 0.6% at $5,060.60 per ounce
• Spot Silver: up 1% at $81.49 per ounce

Silver had fallen more than 3% in the previous session, making Wednesday’s rebound significant.

Gold and Silver Rates in Major Indian Cities

Delhi

• 24-carat gold: ₹15,792 per gram / ₹1,57,917 per 10 grams
• 22-carat gold: ₹14,476 per gram / ₹1,44,757 per 10 grams
• Silver: ₹2,598 per 10 grams / ₹2,59,840 per kg

Mumbai

• 22-carat gold: ₹1,14,448 per 8 grams
• 24-carat gold: ₹1,27,033 per 8 grams

Chennai

• 22-carat gold: ₹1,16,632 per 8 grams
• 24-carat gold: ₹1,27,240 per 8 grams

Hyderabad

• 22-carat gold: ₹1,16,448 per 8 grams
• 24-carat gold: ₹1,27,032 per 8 grams

Market Outlook

With global uncertainties and weakening US bond yields, investors are once again turning towards precious metals. Experts believe that if international momentum continues, gold and silver may remain firm in the coming sessions, although short-term volatility cannot be ruled out.