Bhubaneswar, Feb 19: Initially reported to be in the ‘red zone’, the precious white metal – popularly known as Silver – reportedly recovered on MCX (Multi Commodity Exchange of India Limited) today (February 19).
Experts view that the strengthening of the US $ (Dollar) has a negative impact on the prices of precious metals like gold, silver, etc. Such a scenario emerged out of the latest policy meeting of the US Federal Reserve (USFR) as well as the release of the USFR policy meeting’s minutes. Adding fuel to the fire is the ongoing geopolitical tensions between the Trump regime in the USA and Ayatollah Khomeini-led Islamic Republic of Iran. Notwithstanding that, the falling rate of Silver reportedly recovered on the MCX today.
As per reports, the price of silver fell around 0.07% to its day’s low of ₹2,42,439 per kg in opening deals on MCX but later recovered 1.4% to its day’s high of ₹2,45,999 per kg.
Similarly, the price of yellow metal (gold) also fell around 0.04% to ₹ 1,55,116 per 10 grams in early deals but later recovered 0.8% to day’s high of ₹ 1,56,312.
According to the media reports say: “As of February 18, 2026, the spot silver price is fluctuating, with recent quotes around $73-$76 USD per ounce, depending on the source and time of update, showing increases for the day. For instance, one source reported it at $76.41/oz (up $2.15), while another showed $73.19/oz.”
Also, the media reports add: “In the international market, spot silver fell 0.5% to $76.83 per ounce, extending losses after plunging more than 5% in the previous session. Spot gold declined 0.4% to $4,961.57 per ounce by 0112 GMT, after rising 2.1% on Wednesday. U.S. gold futures for April delivery were down 0.6% at $4,981. Among other precious metals, spot platinum slipped 0.1% to $2,069.35 per ounce, while palladium eased 0.5% to $1,707.53 per ounce.”
On the other hand, the trading movement of the Silver appeared to be reportedly ‘lean’ owing to the thin trading activities in the several Asian markets including China, South Korea, Singapore, Hong Kong, Taiwan, on account of the closure of markets celebrating holidays marking the popular Lunar New Year there.
However, all eyes are on the market developments to follow in near future and how the cautious investors and traders are dealing with the fluctuating market activities whether falling flat resulting in irreparable losses or gaining ground that promises profits reaping benefits/dividends. Phenomena waited and watched.
