Gold and silver rates today: Latest Rates in all Major Cities for Today
Gold and silver hold deep cultural and economic significance in India, often bought during festivals, weddings, and as savings. Today, 24K gold trades at around ₹15,961 per gram nationally, up marginally, while silver dips to ₹289.90 per gram. This blog explores current rates across major cities, recent trends, and factors driving prices, helping you decide on timely investments or purchases.
Recent Market Volatility
Global uncertainties, including US Federal Reserve policies and geopolitical tensions, have caused sharp swings in precious metals. In February 2026, gold rose from ₹15,371 per gram (10g equivalent basis) on Feb 6 to ₹15,961 today, a 3.8% gain, while silver fell 17% from ₹350/kg start to ₹289,900/kg. Rupee depreciation against the dollar adds upward pressure, but strong industrial demand curbs silver’s recovery; MCX gold hovered near ₹1.58 lakh/10g recently.
Gold Prices
Gold prices vary slightly by city due to local taxes, making and demand. Here’s today’s indicative rates for 24K, 22K, and 18K per gram (excluding GST/TCS).
| City | 24K (₹/g) | 22K (₹/g) | 18K (₹/g) |
| Chennai | 16,136 | 14,791 | 12,701 |
| Mumbai | 15,961 | 14,631 | 11,971 |
| Delhi | 15,976 | 14,646 | 11,986 |
| Kolkata | 15,961 | 14,631 | 11,971 |
| Bangalore | 15,961 | 14,631 | 11,971 |
| Hyderabad | 15,961 | 14,631 | 11,971 |
| Kerala | 15,961 | 14,631 | 11,971 |
| Pune | 15,961 | 14,631 | 11,971 |
| Vadodara | 15,966 | 14,636 | 11,976 |
| Ahmedabad | 15,966 | 14,636 | 11,976 |
| Lucknow | 15,961 | 14,631 | 11,971 |
Silver Prices
Silver, used in jewelry and industry, shows city-wise variations with Chennai and Kerala higher due to southern demand. Rates per gram and kg below (indicative).
| City | Per Gram (₹) | Per Kg (₹) |
| Chennai | 299.90 | 299,900 |
| Mumbai | 289.90 | 289,900 |
| Delhi | 289.90 | 289,900 |
| Kolkata | 289.90 | 289,900 |
| Bangalore | 289.90 | 289,900 |
| Hyderabad | 299.90 | 299,900 |
| Kerala | 299.90 | 299,900 |
| Pune | 289.90 | 289,900 |
| Vadodara | 289.90 | 289,900 |
| Ahmedabad | 289.90 | 289,900 |
| Lucknow | 289.90 | 289,900 |
Copper Prices
Copper, a base metal tied to industrial growth, trades around ₹1,238-1,252 per kg on MCX, down slightly amid global slowdown fears. Per gram/kg rates are uniform nationally as it’s commodity-traded.
| Unit | Price (₹) |
| Per Gram | 1.24 |
| Per Kg | 1,245 |
Platinum Prices
Platinum, rarer than gold, suits industrial and luxury buyers at about ₹6,224 per gram nationally, stable but volatile. Rates per gram/kg (indicative, uniform).
| Unit | Price (₹) |
| Per Gram | 6,224 |
| Per Kg | 6,224,000 |
Indian Investor Insights
In India, gold demand peaks pre-festivals like Akshaya Tritiya, but 2026’s early volatility favors sovereign gold bonds over physical for tax benefits. Silver’s fall offers buying dips for long-term holds, given solar panel demand. Check local jewelers for making charges (5-15%) and verify Hallmark; apps like Goodreturns provide real-time alerts.
Factors Influencing Prices
Rupee at ₹90.69/USD boosts import costs; US-China trade talks and RBI’s steady repo rate stabilize locally. Geopolitical risks from Middle East sustain safe-haven appeal. Watch Fed rate cuts for bullish triggers.
Buying Tips
Compare 3-5 jewelers; opt for 22K for ornaments. Digital gold via Paytm/Groww avoids storage woes at lower spreads. Time purchases post-Diwali dips historically.
Future Outlook
Analysts eye gold at ₹16,500/g by March if inflation persists; silver may rebound to ₹3.2 lakh/kg on green energy push. Diversify portfolio 10-15% in metals. Stay updated via MCX for trades.
