New Delhi, Feb. 15 -- After delivering a stellar return in 2025, the precious yellow metal continued its bull run in January 2026 and topped out after reaching its peak of Rs.1,80,779 per 10 gm on the Multi Commodity Exchange (MCX). On Friday last week, the MCX gold rate finished at Rs.1,56,200 per 10 gm, around Rs.24,500, or 13.50%, below its previous peak. In the international market, the COMEX gold rate finished at $5,046.30/oz, around 10.50% below the record high of $5,626.80/oz.

According to market experts, the fuel for the gold price rally is over amid reports that Russia is returning to trade in US Dollars (USD) with the US. They said that a Russian international document cited by the news agency Bloomberg indicates that the Kreml...