Gold Steadies Near $5,000 as Iran Risks, Fed Outlook in Focus

Gold Price Today: Struggles Near $4,600 as Ceasefire Talks Limit Gains

As of February 20, 2026, spot gold is trading near the $5,000 per ounce threshold, closing at approximately $5,001.07 in recent sessions. The market is currently characterized by a tug-of-war between heightened geopolitical safe-haven demand and a hawkish outlook from the Federal Reserve. 

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Gold, Silver Price Forecast: Will Precious Metals Spark a New Rally on MCX Today?

Gold, Silver Price Forecast: Will Precious Metals

Gold and Silver Price Prediction Today: Gold and silver (chandi) are showing strong upward momentum as global uncertainty and geopolitical tensions drive investors toward safe-haven assets. Central banks are also adding to their gold (sona) reserves, boosting demand further. On the MCX gold is aiming for around ₹1,28,000, while silver could touch ₹1,60,000, supported by steady industrial and investment demand. Both Precious metals are likely to continue their upward trend in the near term.

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