Gold and silver rates today: Latest Rates in all Major Cities for Today
Gold and silver rates in India today reflect ongoing market fluctuations influenced by global cues and domestic demand. Here’s a unique overview from an Indian lens, tailored for investors eyeing auspicious buying windows.
Gold and silver remain cornerstones of Indian savings, blending cultural reverence with financial prudence amid economic shifts. As of February 19, 2026, prices hover around ₹15,420 per gram for 24K gold and ₹260 per gram for silver in major cities, driven by wedding season anticipation and global tensions.
Recent Market Volatility
Precious metals have swung wildly in early 2026, with gold surging on US dollar weakness under President Trump’s policies and geopolitical strains, then pulling back amid stronger rupee hints. Silver mirrored this, hitting highs near ₹2,60,000/kg before dipping due to industrial demand dips in electronics. Indian buyers face added volatility from MCX futures and import duties, urging timely checks before festivals like Holi approach.
Gold Prices: 24K, 22K, 18K
Benchmark rates for gold today across India show stability with Chennai premiums. Per 10 grams:
| Purity | Price (₹/10g) | Per Gram (₹) |
| 24K | 1,54,190 | 15,419 |
| 22K | 1,41,340 | 14,134 |
| 18K | 1,15,640 | 11,564 |
These are all-India averages; actuals vary by 1-2% in cities (₹1,54,340 for 24K).
Silver Prices
Silver trades at ₹259-₹265 per gram today, popular for utensils and coins in Uttar Pradesh households.
| Unit | Mumbai/Delhi (₹) | Chennai (₹) |
| Per Gram | 259 | 264 |
| Per Kg | 2,59,900 | 2,64,900 |
Copper Prices
Copper, a key industrial metal, stands at ₹1,180 per kg nationally, up 2.61% daily amid infrastructure push.
| Unit | Price (₹) |
| Per Gram | 1.18 |
| Per Kg | 1,180 |
Prices are uniform across India via MCX, benefiting manufacturers in metal hubs.
Platinum Prices
Platinum, the rarer alternative, fetches around ₹3,900 per gram, less volatile but gaining traction in luxury jewellery.
| Unit | Price (₹) |
| Per Gram | 3,899 |
| Per Kg | 3,89,900 |
City rates match pan-India, with steady demand from auto catalysts.
City-Wise Gold Rates (24K/10g)
Variations stem from local taxes and demand:
| City | 24K (₹) | 22K (₹) | 18K (₹) |
| Mumbai | 1,54,190 | 1,41,340 | 1,15,640 |
| Delhi | 1,54,340 | 1,41,490 | 1,15,790 |
| Chennai | 1,56,210 | 1,43,190 | 1,22,490 |
| Bangalore | 1,54,190 | 1,41,340 | 1,15,640 |
| Hyderabad | 1,54,190 | 1,41,340 | 1,15,640 |
| Kolkata | 1,54,190 | 1,41,340 | 1,15,640 |
| Lucknow | 1,54,340 | 1,41,490 | 1,15,790 |
| Pune | 1,54,190 | 1,41,340 | 1,15,640 |
| Ahmedabad | 1,54,240 | 1,41,390 | 1,15,690 |
City-Wise Silver Rates (1kg)
Southern cities command premiums:
| City | Per Kg (₹) |
| Mumbai | 2,59,900 |
| Delhi | 2,59,900 |
| Chennai | 2,64,900 |
| Bangalore | 2,59,900 |
| Hyderabad | 2,64,900 |
| Kolkata | 2,59,900 |
| Lucknow | 2,59,900 |
| Pune | 2,59,900 |
Investment Tips
Track MCX for live updates; buy on dips below ₹1,54,000/10g for gold. Silver suits short-term trades at current levels. Consult certified jewelers for making charges (5-15%).
Factors Influencing Prices
RBI reserves, US Fed signals, and rupee-dollar rate dictate trends—gold up 10% YTD despite volatility. Monsoon forecasts boost silver for agri-tools.
Cultural Role in India
In Uttar Pradesh, gold symbolizes prosperity during Akshaya Tritiya; silver coins mark births. Today’s rates favor portfolio diversification at 10-15% allocation.
Future Outlook
Expect mild rises to ₹1,60,000/10g by March on wedding demand, per analysts. Monitor Trump’s trade policies for impacts.
Disclaimer: Rates are indicative, rounded, and can vary slightly between jewellers, refiners, MCX, and local markets. Always confirm with your local dealer before buying or selling.
With over 15 years of experience in Banking, investment banking, personal finance, or financial planning, Dkush has a knack for breaking down complex financial concepts into actionable, easy-to-understand advice. A MBA finance and a lifelong learner, Dkush is committed to helping readers achieve financial independence through smart budgeting, investing, and wealth-building strategies, Follow Dailyfinancial.in for practical tips and a roadmap to financial success!
