Feb 16 • 07:36 UTC 🇮🇳 India Aaj Tak (Hindi)

Silver Prices Drop Close to 3000... Gold Prices Increase

Silver prices have dropped significantly while gold prices have seen an increase, according to the India Bullion and Jewelers Association.

On February 16, 2026, silver prices experienced a notable drop, whereas gold prices witnessed an increase. According to the India Bullion and Jewelers Association (IBJA), the price of 22-carat gold rose from ₹139,933 to ₹141,137 per 10 grams between February 13 and the current date. This change in pricing reflects fluctuations in the bullion market that often occur due to various economic factors.

The IBJA has also highlighted that gold and silver prices announced by the central government do not include weekends and public holidays, which can lead to significant price adjustments on trading days. Today's report indicated that silver prices per kilo saw a decrease of ₹2,949, showcasing a sharp change for investors and consumers alike. This drop highlights the trends in the metal markets and the investor response to potential market conditions.

As gold continues to rise, jewelry makers and investors are likely to assess their buying strategies and inventory management in response to these changing prices. This fluctuation creates opportunities as well as challenges in the precious metals market, affecting both the local and national economy. Understanding these trends is crucial for stakeholders in the industry, from retailers to consumers who may be looking to invest or purchase.

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