Gold and silver prices in India show fresh movement on February 26, 2026, reflecting global market trends and domestic demand.
New Delhi, February 26, 2026: Gold and silver prices in India witnessed mild fluctuations on Wednesday, reflecting global market trends, currency movements and investor sentiment. Precious metal rates are closely tracked by households, jewellers and investors across the country, especially with the wedding season approaching and global uncertainty continuing to influence bullion demand.
Gold and silver remain key investment and savings options in India. Daily price movements impact jewellery purchases, bullion buying, and commodity trading activity on the Multi Commodity Exchange (MCX).
Gold Prices in India Today
As of February 26, 2026, the retail price of 24-carat gold is trading around ₹16,100–₹16,200 per gram in major Indian cities. This translates to approximately ₹1,61,000–₹1,62,000 per 10 grams.
The price of 22-carat gold is hovering near ₹14,700–₹14,900 per gram, while 18-carat gold is trading around ₹12,000–₹12,200 per gram, depending on the city.
Rates may vary slightly between cities due to local taxes, transportation costs and jeweller margins. Final purchase prices also include 3% GST and making charges, which differ from one retailer to another.
In metro cities such as Delhi, Mumbai, Bengaluru, Chennai and Hyderabad, gold prices are largely aligned with national trends, with only minor differences in retail quotes.
Silver Prices in India Today
Silver prices have also shown movement in line with global cues. As of today, silver is trading near ₹2.60 lakh to ₹2.85 lakh per kilogram in major markets. On a per-gram basis, this comes to roughly ₹260–₹285 per gram, depending on the city and market demand.
Silver tends to see higher volatility compared to gold because of its dual role as both a precious and industrial metal. Industrial demand, especially from electronics and solar manufacturing sectors, continues to influence price direction.
Why Gold and Silver Prices Are Moving
Several factors are shaping bullion prices today.
Global market sentiment remains one of the biggest drivers. International gold prices have seen volatility due to shifting expectations around interest rates in major economies. When global prices move, Indian rates usually follow, adjusted for currency changes.
The movement of the Indian rupee against the US dollar is another key factor. Since India imports most of its gold and silver, a weaker rupee makes imports more expensive, pushing domestic prices higher. A stronger rupee can help soften prices.
Profit booking is also visible after earlier gains in the month. When traders lock in profits after a rally, prices often see short-term corrections.
Geopolitical developments and global economic uncertainty continue to support safe-haven demand. Gold is widely viewed as a hedge against inflation and financial instability, which keeps long-term interest strong.
MCX Trends and Investor Activity
On the Multi Commodity Exchange, gold and silver futures have seen mixed movement in recent sessions. Futures prices often guide the spot market trend.
Trading volumes suggest cautious participation, with investors balancing global cues and domestic demand factors. Short-term traders are closely watching support and resistance levels, while long-term investors remain focused on overall economic stability and inflation risks.
City-Wise Demand Trends
In northern markets like Delhi and Jaipur, jewellers report steady demand linked to upcoming weddings. In southern markets such as Chennai and Hyderabad, traditional buying patterns remain strong, especially for 22-carat jewellery.
Mumbai continues to see active bullion trading due to its role as a major financial hub. Bengaluru also reflects balanced demand between investment buyers and jewellery customers.
Silver demand is stable in wholesale markets, especially from industrial users and small investors looking for lower-cost precious metal exposure compared to gold.
Expert Outlook for the Coming Weeks
Market analysts suggest that gold may remain range-bound in the short term unless there is a major global trigger. International interest rate expectations and currency movements will play a crucial role.
If global uncertainty rises, gold could regain upward momentum. However, if inflation concerns ease and global markets stabilise, prices may see consolidation.
Silver may continue to show sharper price swings compared to gold due to its industrial linkages. Investors are advised to track both global commodity trends and domestic currency movements before making short-term decisions.
Long-term investors often consider gold as part of a diversified portfolio rather than a speculative asset. Financial planners typically recommend measured allocation rather than aggressive buying during price spikes.
What This Means for Buyers
For jewellery buyers, today’s mild correction may offer a relatively stable entry point compared to recent highs. However, daily fluctuations remain common in bullion markets.
For investors, gold and silver continue to serve as traditional safety assets. Systematic buying strategies are often preferred over lump-sum investments during volatile phases.
Consumers are advised to always check live city rates before purchase and ensure hallmark certification when buying gold jewellery.
Conclusion
On February 26, 2026, gold prices in India are trading around ₹16,100–₹16,200 per gram for 24K, while silver is hovering near ₹2.60–₹2.85 lakh per kilogram. The market reflects a mix of global influences, currency shifts and domestic demand patterns.
With wedding season demand, global economic signals and investor interest all in play, bullion prices are expected to remain sensitive to international developments in the coming days.
For Indian buyers and investors, staying informed about daily price updates and broader market trends remains essential in making sound financial decisions.
Disclaimer: The information presented in this article is intended for general informational purposes only. While every effort is made to ensure accuracy, completeness, and timeliness, data such as prices, market figures, government notifications, weather updates, holiday announcements, and public advisories are subject to change and may vary based on location and official revisions. Readers are strongly encouraged to verify details from relevant official sources before making financial, investment, career, travel, or personal decisions. This publication does not provide financial, investment, legal, or professional advice and shall not be held liable for any losses, damages, or actions taken in reliance on the information provided.
Financial Disclaimer: Markets and investment-related products are subject to risks and fluctuations. Readers should conduct their own research and consider consulting a qualified financial advisor before making any investment decisions.
edited by D Rishidhar Reddy
Last Updated on: Thursday, February 26, 2026 3:04 pm by Economic Edge Team | Published by: Economic Edge Team on Thursday, February 26, 2026 3:03 pm | News Categories: Business
About The Author
