Gold and silver rates declined on the MCX on Thursday, February 26, morning, amid profit booking after healthy gains in the previous session. However, persisting geopolitical uncertainties and concerns over US tariffs capped losses for the previous metals. MCX gold April futures dropped by over ₹600, or 0.40%, to ₹1,60,516 per 10 grams, while MCX silver March contracts declined by over ₹5,400, or 2%, to ₹2,62,892 per kg. In the previous session, the MCX gold April futures contract settled at ₹1,61,145 per 10 grams, rising 0.74% and the silver's March futures contract closed at ₹2,68,316 per kg, gaining nearly 3%.

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