Gold and silver rates today: Latest Rates in all Major Cities for Today
Gold and silver rates in India today, February 9, 2026, show stability amid ongoing market fluctuations influenced by global cues and domestic demand. From an Indian perspective, these metals remain key investment avenues and cultural staples, especially with wedding season approaching.
Recent Market Volatility
Gold prices have swung notably in early February 2026, dipping from highs around ₹16,058 per gram on February 1 to lows near ₹15,371 on February 6 before stabilizing at ₹15,659 per gram for 24K. Silver experienced sharper drops, from ₹3,50,000 per kg early in the month to ₹2,85,000 per kg recently, driven by MCX futures reacting to RBI’s steady repo rate and global spot prices. Factors like US Fed signals, rupee depreciation, and post-budget demand have fuelled this volatility, making today a potential buying window for investors.
Gold Prices
Gold rates for different karats are uniform across major cities today, excluding local taxes and making charges. Here’s a breakdown per gram:
| Karat | Price per Gram (₹) | Notes |
| 24K | 15,659 | Pure investment gold |
| 22K | 14,354 | Common for jewellery |
| 18K | 11,800 | Alloyed for daily wear (estimated 75% purity) |
These rates reflect spot market stability post-weekend, with minimal city variations of ₹50-200.
Silver Prices
Silver trading steady at ₹285 per gram nationally today. Prices remain consistent across metros due to standardized MCX benchmarks.
| City | Per Gram (₹) | Per Kg (₹) |
| Mumbai | 285 | 2,85,000 |
| Delhi | 285 | 2,85,000 |
| Chennai | 285 | 2,85,000 |
| Lucknow | 284.90 | 2,84,900 |
| Bangalore | 285 | 2,85,000 |
Industrial demand from electronics keeps silver resilient despite recent dips.
Copper Prices
Copper, an industrial metal, trades around ₹1.08-1.24 per gram amid global supply concerns. Rates are pan-India with minor premiums.
| Unit | Price (₹) |
| Per Gram | 1.08-1.24 |
| Per Kg | 1,080-1,243 |
Used in construction and EVs, copper benefits from India’s infra push but faces import reliance.
Platinum Prices
Platinum holds at ₹6,111 per gram across cities, stable after February volatility from ₹5,666 to ₹6,614 lows/highs.
| Unit | Per Gram (₹) | Per Kg (₹) |
| Gram | 6,111 | – |
| Kg | – | 6,111,000 |
Preferred for premium jewellery, platinum sees uptick in urban demand.
| City | Per Gram (₹) |
| Delhi | 6,111 |
| Mumbai | 6,111 |
| Chennai | 6,111 |
Prices in Major Cities
Here’s a consolidated view for gold (24K/gram), silver (gram/kg) in key cities today. Variations stem from local premiums; check jewellers for GST/TCS.
| City | Gold 24K/Gram (₹) | Silver/Gram (₹) | Silver/Kg (₹) |
| Mumbai | 15,659 | 285 | 2,85,000 |
| Delhi | 15,659 | 285 | 2,85,000 |
| Chennai | 15,659 | 285 | 2,85,000 |
| Bangalore | 15,659 | 285 | 2,85,000 |
| Hyderabad | 15,659 | 285 | 2,85,000 |
| Kolkata | 15,659 | 285 | 2,85,000 |
| Pune | 15,659 | 285 | 2,85,000 |
| Lucknow | 15,659 | 284.90 | 2,84,900 |
| Ahmedabad | 15,659 | 285 | 2,85,000 |
| Jaipur | 15,659 | 285 | 2,85,000 |
Platinum and copper follow national averages with negligible city diffs.
Indian Investment Insights
In India, gold outperforms as a hedge against inflation, with sovereign gold bonds offering 2.5% interest. Silver suits smaller budgets for industrial upside. Track MCX for futures; buy physical during dips like now. Consult certified dealers amid volatility.
Future Outlook
Expect gold to test ₹16,000 if rupee weakens further; silver may rebound to ₹3 lakh on global cues. Weddings boost Q1 demand. Stay updated via apps.
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!
