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Silver Price Crash – Gold Now ₹38,000 Cheaper Than Lifetime High & Silver Drop ₹5000 on Feb 17

Priyanka Singh
February 17, 2026 at 10:07 AM IST · 2 min read

Gold-Silver Price Crash: Gold and silver prices are constantly fluctuating. Gold rates change daily, making these precious metals cheaper daily. After a significant drop on Monday, silver prices rose again on Tuesday. Silver prices fell by more than 4,600 rupees as soon as the market opened on the Multi-Commodity Exchange. Gold prices have also declined. Silver is now more than 180,000 rupees cheaper than its high, while gold is more than 38,000 rupees cheaper.

Sone and Silver Rate
If you’re considering buying gold or silver for a wedding, you have a great opportunity. Gold and silver prices declined as soon as the market opened on Tuesday, February 17th. The price of silver on MCX fell by nearly 5,000 rupees to 235,000 rupees per kg. Meanwhile, gold has fallen by ₹1,170 to ₹1.53 lakh per 10 grams.

Silver has become cheaper since the market opened on MCX on Tuesday, the second trading day of the week, pleasing customers immensely. Silver, expiring on March 5th, closed at ₹2,39,891 per kg on Monday. On Tuesday, gold, expiring on April 2nd, fell from its previous close of ₹1,54,760 to ₹1,53,550 per 10 grams. The MCX Gold Rate has fallen by ₹1,210.

How much cheaper has gold become from its high?

The gold rate reached a lifetime high on January 29th. The 10-gram 24 Karat Gold Rate had reached a high of ₹1,93,096. Gold has fallen by ₹38,336 per 10 grams since its high.

Gold Price in Delhi
24 carat 10 grams gold price – ₹1,56,580
22 carat 10 grams gold price – ₹1,43,540
18 carat 10 grams gold price – ₹1,17,470

Gold Price in Mumbai
24 carat 10 grams gold price – ₹1,56,430
22 carat 10 grams gold price – ₹1,43,390
18 carat 10 grams gold price – ₹1,17,320

Gold Rates in Kolkata
24 carat 10 grams gold price – ₹1,56,430
22 carat 10 grams gold price – ₹1,43,390
18 carat 10 grams gold price – ₹1,17,320

Gold Rates in Chennai
24 Carat Gold Price for 10 grams – ₹1,57,520
22 Carat Gold Price for 10 grams – ₹1,44,390
18 Carat Gold Price for 10 grams – ₹1,23,490

Gold Price in Bengaluru
24 Carat Gold Price for 10 grams – ₹1,56,430
22 Carat Gold Price for 10 grams – ₹1,43,390
18 Carat Gold Price for 10 grams – ₹1,17,320

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