CME has raised margin on gold from 6% to 8% and margin on silver from 11% to 15%. This CME margin hike will be effective from Monday, 2 February 2026

Silver prices have been rising quickly, but there are a few things to consider before buying the metal at Costco.

Gold and silver fell sharply on MCX, with futures dropping 6% and both hitting the lower circuit. Gold ETFs fell up to 16%, and MCX shares dropped 10%. The steep correction was driven by profit-taking and a stronger US dollar.

Silver prices crashed 31% Friday, their second worst day on record. February silver futures, which ended Thursday at more than $114 a troy ounce, settled Friday at $78.29. Friday's $35.747-an-ounce drop was about the price of an ounce as recently as June.

Silver prices have surged, driven by robust investor demand amid heightened political & macroeconomic risks. Read full analysis here.

Gold and silver have continued a major price rally throughout 2026 so far, with gold recording its largest single-day dollar increase on Wednesday.

Gold and silver prices tumbled on Sunday, hitting their lower circuit levels in futures trade, ahead of Union Budget 2026-27 presentation. Gold futur.

Gold and silver prices have seen one of their sharpest corrections in decades ahead of the Union Budget 2026, as markets price in the risk of changes to import duties. The sell-off follows a historic global rout,

Gold, silver and copper suffered from a selloff on Friday, as the dollar rose on expectations that Kevin Warsh will be the next Federal Reserve chair.