Gold, Silver Rate Today (Feb 27) – Live Updates: MCX silver surges past 3%, gold Rs 1.60 lakh; key drivers today

Gold and silver traded higher in the evening session on February 27. MCX gold rose 0.46 percent to Rs 1,60,442 per 10 grams at 17:57 IST, while MCX silver advanced 2.46 percent to Rs 2,74,551 per kilogram. On the global front, Comex gold was up 0.21 percent at $5,205.10 per ounce, and Comex silver gained 3.07 percent to $89.66 per ounce.

Gold and silver remained firm in late trade on February 27. MCX gold was trading at Rs 1,60,295 per 10 grams, up 0.37 percent at 17:17 IST, while MCX silver rose 2.30 percent to Rs 2,74,122 per kilogram. Globally, Comex gold was largely unchanged at $5,194.00 per ounce, whereas Comex silver gained 2.87 percent to $89.49 per ounce.

Gold and silver continued to trade higher in the evening session on February 27. MCX gold stood at Rs 1,60,201 per 10 grams, up 0.31 percent at 16:47 IST, while MCX silver climbed 2.35 percent to Rs 2,74,251 per kilogram. On the global front, Comex gold was nearly flat, down 0.01 percent at $5,193.90 per ounce, whereas Comex silver advanced 2.87 percent to $89.49 per ounce.

Gold and silver traded in the green during the late afternoon session on February 27. MCX gold was at Rs 1,60,101 per 10 grams, up 0.25 percent at 16:06 IST, while MCX silver advanced 2.18 percent to Rs 2,73,800 per kilogram. Globally, Comex gold inched down 0.02 percent to $5,193.30 per ounce, whereas Comex silver remained firm, rising 3.08 percent to $89.68 per ounce.

Domestic bullion traded higher in the afternoon session on February 27. MCX gold was at Rs 1,60,229 per 10 grams, up 0.33 percent at 15:22 IST, while MCX silver surged 2.55 percent to Rs 2,74,776 per kilogram. On the global front, Comex gold edged up 0.07 percent to $5,198 per ounce, and Comex silver gained 3.22 percent to $89.80 per ounce.

Gold traded marginally higher on the MCX at Rs 1,60,208 per 10 grams, rising 0.31% as of 14:45 IST, while silver gained 2.44% to Rs 2,74,500 per kilogram. On the Comex, gold was nearly flat at $5,192.80 per ounce, down 0.03%, whereas silver advanced 2.85% to $89.480 per ounce, reflecting continued volatility in the precious metals space.

Gold and silver traded in a narrow range on February 27, holding firm as easing US Treasury yields and persistent geopolitical tensions supported safe-haven demand, according to the Augmont Bullion Daily Report. Benchmark 10-year yields have slipped toward 4%, while falling real yields have reduced the opportunity cost of holding bullion. Meanwhile, the latest US–Iran nuclear talks ended without a breakthrough and the US stepped up military deployment in the region, keeping risk sentiment elevated. On the policy front, mixed signals from Federal Reserve officials — including comments from Austan Goolsbee and Stephen Miran — have kept rate-cut expectations uncertain, leaving precious metals in a consolidation phase.

Gold and silver traded higher in the afternoon session on February 27. MCX gold was at Rs 1,60,170 per 10 grams at 13:29 IST, up Rs 461 or 0.29 percent from the previous close of Rs 1,59,709. MCX silver outperformed, rising Rs 7,397 or 2.76 percent to Rs 2,75,350 per kilogram. On Comex, gold edged up 0.02 percent to $5,195.10 per ounce, while silver rallied 3.61 percent to $90.140 per ounce.

According to the Augmont Bullion Daily Report published on February 27, 2026, gold prices are currently consolidating after achieving the $5,200 (~Rs 1,60,000) target, indicating base formation for the next bullish leg toward $5,300 (~Rs 1,63,000) and $5,400 (~Rs 1,66,000). Silver has also entered a consolidation phase after touching the $90 (~Rs 2,74,000) mark and is seen preparing for a potential move toward the next resistance levels of $92 (~Rs 2,80,000) and $93 (~Rs 2,85,000), suggesting the broader uptrend remains intact.

David Tait, CEO of the World Gold Council, noted that gold investment surged significantly last year and that global demand is expected to remain resilient. A  substantial portion of incremental flows is likely to come through ETFs. While gold could face downside pressure if the US delivers strong GDP growth with moderate inflation, investment demand for the metal remains structurally strong.

In India, where central bank purchases are rising in line with those of Western peers, ETFs remain a preferred investment route even as global investors explore gold-backed stablecoins and tokens. Though regulatory efforts pave the way to ease regulatory norms, gold is still not recognised as a high-quality liquid asset, and it is emphasised that digitalisation will shape the future of gold investing.

David Tait, CEO of the World Gold Council, was speaking at the News18 Rising Bharat Summit 2026.

Silver prices of domestic futures on MCX crossed 3 percent to Rs 2,67,455 per kilogram, while gold holds its position at Rs 1.58 lakh, up 0.36 percent on February 27, as of 12:04 pm.  Geopolitical concerns, central bank buying, deregulation in China, and the growth of ETFs in India continue to support safe-haven demand for precious metals.

Silver prices of domestic futures jumped 2.9 per cent to Rs 2,67,200 on MCX, while gold crossed Rs 1.58 lakh, up 0.45 per cent on February 27, as of 11:24 am. Geopolitical events, US policy, the US dollar, and supply concerns continue to support precious metals.

Silver prices of domestic futures jumped 2.38 percent to Rs 2,65,860 on MCX, while gold held near Rs 1.58 lakh,  up 0.15 percent from its previous close in the early trade.  Prices climbed to Rs 2,66,800 per kilogram in the previous session, prompting profit-booking and a correction.  It mirrors international spot silver, which was up 3.11 percent at $89.70 per ounce, while gold traded at $5,202 per ounce.  Strong US dollar and geopolitical events continue to support the safe-haven.

Gold and silver prices on MCX surged marginally on February 27, mirroring international rates amid a strong US dollar and geopolitical concerns supporting the safe-haven.  The domestic futures gold on MCX opened the session at Rs 1,57,928 per 10 grams of 24-carat purity, up 0.22 percent from the previous close. Silver also recovered 0.01 percent at Rs 2,59,700 per kilogram. Uncertainty surrounding US trade policy, worries about slowing growth in major global economies, and US-Iran tensions kept investors tilted toward safe-haven assets, enabling bullion to recoup much of its late-January losses.

On Comex, spot gold dropped from $5,200 levels to $5,199 per ounce as of 3:09 am GMT, though it's a gain of 0.11 percent over the past 24 hours. Silver, on the other hand, stood at $89.46 per ounce during the early trade, up 2.83 percent. Market participants are now watching how precious metals perform on the MCX.

Gold and silver edged higher on February 27, amid geopolitical tension. On Comex, spot gold surged 0.20 percent over the past 24 hours to just above $5,204 per ounce in early trade. Silver price also rose near $90 per ounce. In the domestic market, gold futures on MCX settled at Rs 1,57,825 per 10 grams (24-carat), down 0.69 percent from the previous close. Silver futures ended at Rs 2,59,700, higher by 0.01 percent.