February 18 Gold Silver Crash: How Rs 8000 Silver Fall Impacts Wedding Jewellers
Today’s gold, silver, copper, and platinum prices in India are at critical levels for investors, jewellers, and commodity traders across major cities. Below you’ll find live‑style, India‑centric tables for 24K, 22K, and 18K gold, plus silver, copper, and platinum in grams and kilograms—but remember, these are indicative benchmarks; actual showroom rates may vary with GST, making charge, and brand markup.
All figures below use 29 January 2026 reference data for metro‑heavy coverage (Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, and Lucknow), rounded for reader ease and SEO‑friendliness to match Google Discover style.
Gold rate today (per gram)
Gold in India is usually quoted per gram for 24K (pure), 22K (common for jewellery), and 18K (lower‑purity gold jewellery). Domestic prices track the international bullion rate plus rupee–dollar movement and local demand.
Table 1: Gold price per gram (approx. 29 January 2026 – national average)
| Purity | Price per gram (₹) | Price per 10 g (₹) |
| 24K | ₹16,709 | ₹1,67,090 |
| 22K | ₹15,316 | ₹1,53,160 |
| 18K | ₹12,532 | ₹1,25,320 |
Metro‑city gold rates (today, per gram)
Major Indian metros usually show small differentials of ₹30–₹80 per gram because of local jewellery makers’ margins and GST.
Table 2: 24K and 22K gold in key Indian cities (₹ per gram, approx.)
| City | 24K today (₹/g) | 22K today (₹/g) | Notes |
| Delhi | ₹16,724 | ₹15,331 | Capital‑city benchmark; slightly higher |
| Mumbai | ₹16,517 | ₹15,140 | Jewel‑trade hub; often marginally elevated |
| Kolkata | ₹16,719 | ₹15,315 | Traditional jewellery demand remains strong |
| Chennai | ₹16,734 | ₹15,330 | High festival‑period purchase volume |
| Bengaluru | ₹16,600–16,700 | ₹15,200–15,300 | IT‑city spending power lifts premiums |
| Hyderabad | ₹16,550–16,650 | ₹15,150–15,250 | Wedding‑season rates slightly firm |
| Lucknow | ₹16,540–16,640 | ₹15,140–15,240 | Uttar Pradesh‑style gold buying remains active |
Silver price today (grams and kg)
Silver in India is usually tracked per 1 gram, 10 g, 100 g, and 1 kg, especially for coins, bars, and investment demand. Recent levels sit modestly above mid‑₹300 per gram for many metros, with local variations.
Table 3: Silver – indicative metro‑city prices (29 Jan 2026)
| City | 1 g (₹) | 10 g (₹) | 100 g (₹) | 1 kg (₹) |
| Delhi | ₹325 | ₹3,250 | ₹32,500 | ₹3,25,000 |
| Mumbai | ₹325 | ₹3,250 | ₹32,500 | ₹3,25,000 |
| Kolkata | ₹325 | ₹3,250 | ₹32,500 | ₹3,25,00 halfway title removed, you’ll need to paste this table into your CMS for a polished Discover‑friendly look. |
Copper price today (grams and kg)
Copper is more commonly traded in kilos and futures rather than grams, but you can still quote per gram for blogs. Domestic MCX‑based copper trades near ₹1,258–₹1,283 per kg on 29 January 2026, depending on intraday movement.
Table 4: Copper – indicative wholesale rates (₹, approx. 29 Jan 2026)
| Unit | Price (₹) | Notes |
| 1 kg | ₹1,258–₹1,283 | MCX‑based bulk trading rate |
| 1 g | ₹1.26–₹1.28 [calculated] | Rough national‑average indicator |
| 10 g | ₹12.60–₹12.80 [calculated] | Useful for small‑scale usage in appliances |
| 100 g | ₹126–₹128 [calculated] | Close‑to‑wholesale level for trade buyers |
Platinum price today (grams and kg)
Platinum is relatively niche in India but tracked as investment jewellery and rod‑metal in industry. Major‑city outlets typically quote per 1 g, 10 g, and 1 kg. Recent indicative national‑average quotes hover near ₹7,890–₹7,900 per gram with small city‑wise differences.
Table 5: Platinum – indicative India‑average prices (₹)
| Unit | Price (₹) | Notes |
| 1 g | ₹7,890–₹7,900 | Approx. live quote; check local jewellers |
| 10 g | ₹78,900–₹79,000 | Used in rings, limited‑edition jewellery |
| 100 g | ₹7,89,000 | Industrial and investment customers |
| 1 kg | ₹78,90,000 | Institutional‑scale deal level |
Why these metal prices matter in India today
- Gold remains a key wedding, investment, and safety‑net asset, with rural and urban buying closely linked to festival and marriage seasons.
- Silver, copper, and platinum are watched by traders, jewellers, and industrial players for wiring, solar, electronics, and catalytic‑converter demand.
