Mumbai.14.02.2026 : The gold price this week declined by 1.82 per cent amid sharp market swings and intermittent strength in the US dollar. However, silver posted gains following softer-than-expected US inflation data.
Analysts say the precious metals market remains volatile, but long-term fundamentals continue to support gold and silver. Experts recommend holding 10–15 per cent of investment portfolios in precious metals.
Highlights
- Gold price this week fell 1.82 per cent
- MCX silver surged 3.62 per cent on Friday
- US CPI inflation stood at 2.40 per cent in January 2026
- Analysts see 3–5 year bull run in precious metals
- Experts advise 10–15 per cent allocation in portfolios
Gold Price This Week Under Pressure Amid Dollar Strength
The gold price this week slipped nearly 1.82 per cent as investors remained cautious due to heavy volatility in global markets. Occasional strength in the US dollar added pressure on bullion prices.
On Friday, MCX gold February futures edged up 0.20 per cent. At present, gold futures are trading at Rs 1,56,200.
Meanwhile, MCX silver March futures jumped 3.62 per cent. Silver futures are currently priced at Rs 2,44,999 per kg.
According to data from the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold stood at Rs 1,52,765 on Friday. Earlier in the week on Monday, it was Rs 1,55,593.
Key Resistance and Support Levels
Gold showed some recovery during early trade on Friday. However, the overall tone remains weak after a sharp correction from Rs 1,58,000 to Rs 1,54,000.
Market analysts noted that prices failed to sustain above the Rs 1,60,000 level. Resistance is now seen near Rs 1,60,000.
If gold continues to trade below Rs 1,56,000, a retest of the Rs 1,51,000 support zone cannot be ruled out.
Silver Gains After US CPI Data
While the gold price this week remained under pressure, silver benefited from weaker US inflation numbers.
The US Bureau of Labor Statistics reported that Consumer Price Index (CPI) inflation stood at 2.40 per cent in January 2026. This was lower than market expectations of 2.50 per cent.
However, the January figure was 0.30 per cent higher than December 2025 CPI inflation.
The softer inflation data put pressure on the US dollar, supporting precious metal prices, especially silver.
Long-Term Outlook for Gold and Silver
Despite short-term volatility in the gold price this week, analysts believe the broader outlook remains positive.
Experts point to structural supply deficits and rising industrial demand for silver. Growing usage in green energy, electric vehicles, artificial intelligence, and electronics continues to support silver prices.
At the same time, steady gold accumulation by central banks is providing long-term support to the bullion market.
Market participants expect gold and silver to be in a 3–5 year bull cycle. This view is supported by favourable macroeconomic conditions and strong structural demand trends.
Investment Strategy for Precious Metals
Financial experts advise investors to treat gold and silver as part of a diversified investment strategy.
They recommend maintaining 10–15 per cent of total portfolios in precious metals.
Any additional buying should ideally be done during price corrections rather than during sharp rallies.
Although the gold price this week has declined, analysts say periodic corrections are common in a broader bullish trend.
Investors are advised to monitor global economic indicators, US dollar movement, and inflation data closely before making fresh positions.
Conclusion
In summary, the gold price this week fell 1.82 per cent due to market volatility and dollar strength. In contrast, silver recorded gains following softer US CPI data.
While short-term fluctuations may continue, long-term fundamentals remain supportive for precious metals. Investors are encouraged to follow disciplined allocation strategies in the current market environment.

