Gold Silver Prices Today: Gold Prices Rise Across India; Mumbai Nears ₹1.60 Lakh Per 10 Grams
Gold Silver Prices Today: Gold Prices Rise Across India; Mumbai Nears ₹1.60 Lakh Per 10 Grams
Persistent buying and weak rupee keep bullion rates firm despite global volatility
Gold and silver prices remained firm across major Indian cities on Wednesday, February 26, 2026, supported by continued buying from jewellers and stockists along with a weaker rupee. Traders said domestic demand helped offset softness in international markets.
In Mumbai, 24-carat gold is retailing at around ₹1,60,070 per 10 grams. In Delhi, the rate stands at ₹1,59,800, while Kolkata is witnessing prices near ₹1,59,860 per 10 grams. Chennai recorded the highest among key metros at ₹1,60,540 per 10 grams. Hyderabad and Bengaluru reported prices of ₹1,60,320 and ₹1,60,200 respectively.
According to bullion market data, the all-India average gold rate on Wednesday was around ₹1,60,360 per 10 grams. Silver prices also strengthened, with the metal trading at ₹2,61,310 per kilogram in the domestic market.
On a per-gram basis, 24K gold (999 purity) was priced at ₹16,190, while 22K gold was quoted at ₹14,841 per gram in several cities. Rates may vary slightly depending on local taxes and jeweller margins.
Market participants said increased offtake by local jewellers and stockists ahead of the upcoming wedding and festive season has kept demand steady. At the same time, the weakened rupee has made gold more expensive in the domestic market, even as global prices showed some correction.
In international markets, spot gold was trading about 1.35 per cent lower at around $5,157 per ounce, hovering near the $5,200 level during the session. Silver traded flat at approximately $88–$89 per ounce. Analysts noted that global bullion markets remain volatile due to geopolitical tensions, safe-haven demand and currency movements.
Experts said gold prices in India continue to reflect a combination of global trends and domestic demand dynamics. While global rates influence the base price, fluctuations in the rupee and local buying patterns significantly impact retail prices.
With geopolitical uncertainty and currency movements still at play, bullion markets are expected to remain sensitive in the coming days.
Disclaimer: Gold and silver prices fluctuate daily based on global markets and currency movements. Investors should check with authorised dealers before making purchase decisions.
