Precious metals staged a strong rebound on the Multi Commodity Exchange (MCX) on Wednesday, February 11, 2026, after recent sharp corrections. Silver led the charge with impressive gains, while gold posted modest but steady advances, tracking a softer US dollar and improved global sentiment. Silver futures for March delivery jumped as much as 4.14% intraday, climbing over ₹10,400 to hit a high near ₹2,62,994 per kg . By late afternoon trade, the contract was holding firm around ₹2,62,000–₹2,62,580 , marking a solid ~4% advance from Tuesday's close of ₹2,52,548 per kg . Gold futures (April contract) rose around 1% , adding roughly ₹1,600–1,800 to trade near ₹1,58,400–1,58,900 per 10 grams , recovering from recent pressure and reflecting renewed safe-haven interest. Key Reasons Behind Today's Rally The bounce in precious metals came amid several supportive factors: US Dollar weakens — The DXY index slipped below 96.60–96.70 levels, down about 0.2–0.3% during...
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