Commodity Radar: After 18% fall from peak, 4 reasons to buy gold on dips by ET Markets | February 9, 2026 5:05 pm | Indian Stocks, Market, News The April gold futures were trading around Rs 1,57,490 on the MCX, down 18% from their peak of Rs 1,93,096. On the COMEX, the gold rate hovered around the $5,049.30 an ounce mark, gaining $70 or 1.40%, intraday.