Gold rate drops 1% on MCX on profit booking; silver prices crash 3% after US CPI data; is it the right time to buy? by Live mint | February 16, 2026 9:16 am | Indian Stocks, Market, News Gold price today: Gold rate dropped in the morning tarde. MCX gold April contracts dropped by 0.74% to ₹1,54,743 per 10 grams, while MCX silver March futures crashed 3% to ₹2,36,915 per kg.