Gold Rate Today in India: Prices Hold Steady on Mahashivratri; Check 24K–22K Gold Rates in 10 Major Cities

Gold and silver prices in India remained unchanged on the occasion of Mahashivratri, bringing a pause to the sharp fluctuations seen over the past few trading sessions. After days of noticeable ups and downs, the precious metals market took a breather on February 15, 2026, offering temporary stability to buyers and investors tracking daily price movements.

Over the previous three days, gold prices had witnessed significant volatility. In the national capital, rates of 24-carat gold had fallen by nearly ₹1,850 per 10 grams, while 22-carat gold declined by about ₹1,700. Silver prices had also weakened, dropping sharply over two consecutive sessions. Today, however, both metals traded flat, suggesting a moment of consolidation after recent corrections.

Gold Prices Remain Unchanged Across Key Cities

As of today, gold prices across India’s major cities are stable for all purity levels—24 carat, 22 carat, and 18 carat. Here is a city-wise snapshot of gold rates per 10 grams:

• Delhi:

  • 24K: ₹1,57,900 | 22K: ₹1,44,750 | 18K: ₹1,18,460

• Mumbai:

  • 24K: ₹1,57,750 | 22K: ₹1,44,600 | 18K: ₹1,18,310

• Kolkata:

  • 24K: ₹1,57,750 | 22K: ₹1,44,600 | 18K: ₹1,18,310

• Chennai:

  • 24K: ₹1,58,840 | 22K: ₹1,45,600 | 18K: ₹1,24,500

• Bengaluru:

  • 24K: ₹1,57,750 | 22K: ₹1,44,600 | 18K: ₹1,18,310

• Hyderabad:

  • 24K: ₹1,57,750 | 22K: ₹1,44,600 | 18K: ₹1,18,310

• Lucknow:

  • 24K: ₹1,57,900 | 22K: ₹1,44,750 | 18K: ₹1,18,460

• Patna:

  • 24K: ₹1,57,800 | 22K: ₹1,44,650 | 18K: ₹1,18,360

• Jaipur:

  • 24K: ₹1,57,900 | 22K: ₹1,44,750 | 18K: ₹1,18,460

• Ahmedabad:

  • 24K: ₹1,57,800 | 22K: ₹1,44,650 | 18K: ₹1,18,360

Silver Prices Also Take a Breather

Silver prices, which had dropped sharply over the past two sessions, also remained steady today. In just two days, silver had become cheaper by nearly ₹20,000 per kilogram. On February 15, silver is trading at ₹2,75,000 per kg in Delhi, Mumbai, and Kolkata. In Chennai, however, silver continues to command a premium, trading at around ₹2.80 lakh per kg—the highest among the four major metros.

What Are Experts Saying?

According to Navneet Damani, Head of Commodity and Currency Research at Motilal Oswal Financial Services, recent gains in silver were largely driven by momentum rather than strong fundamentals. He believes that silver may only see sustained upside if prices move decisively above the $100-per-ounce mark. Until then, the metal is likely to trade within a broad range, potentially fluctuating between $65 and $95 per ounce depending on global cues.

Damani added that while silver demand is supported by industrial usage in sectors like solar energy and artificial intelligence, its price direction will be heavily influenced by the US dollar’s movement.

Meanwhile, MK Wealth Management noted in its latest market outlook that the current uptrend in gold and silver could extend over the next three to five years. The firm advised existing investors to gradually increase exposure during price corrections but to review allocations if gold and silver together exceed 25–30% of total assets. New investors, it suggested, should limit precious metals exposure to around 5–10% of their overall portfolio.

Bottom Line

With gold and silver prices holding steady on Mahashivratri, buyers get a brief window of stability after recent volatility. While short-term movements may continue to be influenced by global factors such as geopolitical tensions, tariffs, and monetary policy expectations, experts recommend a measured and diversified approach when investing in precious metals.

Disclaimer: This article is for informational purposes only. The views expressed by experts and brokerage firms are their own. Investors should consult certified financial advisors before making any investment decisions.