Gold & Silver Rate Today 24 February 2026

If you are planning to buy gold jewellery, invest in silver, or simply track the precious metals market, you have landed on the right page. On 24 February 2026, India’s bullion market is witnessing a notable upswing driven by strong global cues, a softening US dollar, and persistent geopolitical tensions that continue to push investors toward safe-haven assets.

Gold prices in India today stand at ₹15,928 per gram for 24-karat, marking a meaningful recovery from the post-Budget correction seen in early February. Silver has staged an even more dramatic comeback, surging over 5% in a single session on February 23rd and now trading at ₹300 per gram (₹3,00,000 per kg). For Indian households — for whom gold remains both a cultural cornerstone and a financial instrument — these are prices worth watching closely.

In this comprehensive update, we bring you today’s rates for gold (24K, 22K, and 18K), silver, copper, and platinum — in both grams and kilograms — across all major Indian cities including Delhi, Mumbai, Chennai, Bangalore, Kolkata, Hyderabad, Pune, Ahmedabad, Jaipur, and Lucknow. All rates sourced from IBJA, MCX, and leading bullion associations as of 24 February 2026.

Recent Market Volatility — What’s Driving Prices?

The first two months of 2026 have been a rollercoaster for precious metals investors in India. Gold had touched extraordinary highs near ₹1,69,300 per 10 grams in late January before tumbling sharply — more than 10% in just three trading sessions — following a CME margin hike and aggressive profit-booking triggered by the Union Budget 2026 announcement.

Since that correction, however, gold has been steadily rebuilding. On the global front, the US Federal Reserve has maintained interest rates at 3.50–3.75%, with over 92% of market participants expecting no cuts in March. A stable-to-declining US dollar, combined with record gold demand of 5,002 tonnes globally in 2025 (up 45% in value terms), has created a strong floor under prices.

Silver’s trajectory has been even more dramatic. COMEX silver witnessed a catastrophic 31% plunge from record highs in late January, only to rebound sharply. On 23 February alone, silver prices in India jumped 5.31% in a single day — a clear signal that industrial demand (particularly from the solar and EV sectors) and investor re-entry are combining powerfully. Copper, meanwhile, trades near ₹1,162–1,169 per kg on MCX, reflecting global manufacturing optimism. Platinum at ₹6,307 per gram remains supported by its rare-earth status and rising jewellery demand among Indian women, particularly for engagement and wedding rings.

💡 Key Insight: Despite short-term volatility, the long-term trajectory for gold and silver remains bullish. India remains the world’s second-largest gold consumer. With the wedding season approaching, domestic demand is expected to add further upward pressure on prices over the coming weeks.

Gold Prices Today — 24K, 22K & 18K

The following table shows today’s gold rates across key weight categories. Prices are indicative and sourced from IBJA/MCX. GST of 3% and making charges are not included.

Gold Rate Table — 24 February 2026

* Prices are indicative. Add 3% GST and local making charges for actual purchase price. Contact your local jeweller for exact rates.

Silver Prices Today — Per Gram & Per Kg

Silver has surged sharply over the past 24 hours. The current price of silver in India is ₹300 per gram and ₹3,00,000 per kilogram — up ₹25 from yesterday, reflecting strong international cues and fresh investor interest in the white metal.

Silver Rate Table — 24 February 2026

Copper Prices Today — Per Gram & Per Kg

Copper is trading at approximately ₹1,162 per kilogram on MCX today, inching up 0.38% from the previous close. Copper’s price is closely linked to global manufacturing output, China’s industrial demand, and the renewable energy transition — all factors pointing towards a sustained upward trend in 2026.

Copper Rate Table — 24 February 2026

Platinum Prices Today — Per Gram & Per Kg

Platinum continues to hold at ₹6,307 per gram in India today. While significantly cheaper than gold, platinum is gaining traction in the Indian jewellery market, especially for bridal and wedding jewellery. In terms of purity grades, platinum is available as 850, 900, 950, and 999 in India.

Platinum Rate Table — 24 February 2026

Gold Rate Today in All Major Indian Cities

Gold prices vary marginally from city to city based on local octroi, state taxes, transport costs, and jewellers’ association rates. Chennai traditionally records the highest gold rate among metros. Here are today’s indicative rates for 10 grams:

* Chennai typically records a premium of ₹2,000–₹4,000 per 10g over other metros due to local demand and jewellers’ association pricing. Rates are indicative for 24 February 2026.

Gold & Silver Market Outlook — What to Expect Next?

With the US Fed holding rates steady, geopolitical tensions between the US and Iran adding a safe-haven bid, and India’s wedding season around the corner, gold is expected to maintain its upward trajectory in the short term. Analysts forecast gold could test ₹1,65,000–₹1,68,000 per 10 grams in the coming weeks if global uncertainty persists.

Silver, riding the dual tailwinds of industrial demand (EV batteries, solar panels, electronics) and investment inflows, could push toward ₹3,20,000–₹3,50,000 per kg. For retail investors, Sovereign Gold Bonds (SGBs), Gold ETFs, and digital gold remain cost-effective alternatives to physical purchases, as they avoid making charges and locker costs.

For those looking to buy physical gold or silver, it is advisable to check your local jeweller’s rate (which includes GST and making charges) rather than relying on MCX or indicative prices alone. Always insist on BIS-hallmarked jewellery for purity assurance.

📌 Tip for Buyers: When buying gold jewellery, the actual cost will be roughly MCX rate + 3% GST + 5% making charges. On a ₹1,59,280 purchase (10g), that adds approximately ₹12,742 — making total cost around ₹1,72,022. Always compare rates across multiple jewellers before purchasing.

Disclaimer: The gold, silver, copper, and platinum prices mentioned on this page are indicative and sourced from MCX, IBJA, GoodReturns, and other publicly available market data as of 24 February 2026. Actual buying/selling prices at jewellers and banks may vary based on local taxes, making charges, and purity. This article is for informational purposes only and does not constitute investment advice. DailyFinancial.in is not responsible for any financial decisions made based on this data. Always consult a SEBI-registered advisor before making investment decisions.