Gold and silver prices retreated on Tuesday, amid uptick in US dollar and profit‑taking after huge gains in previous session. Gold and silver prices retreated on Tuesday, amid uptick in US dollar and profit‑taking after huge gains in previous session. Silver traded at a strong premium to Western spot prices, reflecting tight local supply and robust industrial demand, analysts noted. "Gold has support at Rs 1,60,600 and Rs 1,58,800 while resistance at Rs 1,63,300 and Rs 1,65,000. MCX silver has support at Rs 2,61,000 and Rs 2,56,600, and resistance is at Rs 2,70,000 and Rs 2,78,000," an analyst said.

Source: dna February 24, 2026 09:35 UTC