Gold prices in India have once again seen a sharp movement. After touching higher levels in recent weeks, gold has shown a sudden fall in many cities. For common buyers and investors, this change has created both confusion and opportunity. Many people who were waiting for a price correction are now closely watching the market.

In this detailed report, we will explain the latest gold rates for 18 carat, 22 carat and 24 carat gold, city-wise prices, reasons behind the fall, and what buyers should do next.

Current Gold Price in February 2026

As per the latest update in the morning, gold prices have shown a noticeable change. The average national prices are as follows:

22 Carat Gold (10 grams): ₹1,44,600
24 Carat Gold (10 grams): ₹1,57,750

22 Carat Gold (1 gram): ₹14,460
24 Carat Gold (1 gram): ₹15,775

Recent Price Change:

22 Carat Gold (10 grams): Increased by ₹1,800
24 Carat Gold (10 grams): Increased by ₹1,970

Even though the headline says crash, the market is actually showing mixed movement. Some cities are seeing slight corrections, while others are still recording small increases due to local taxes and demand.

What About 18 Carat Gold?

Many middle-class buyers prefer 18 carat gold for jewelry because it is more affordable than 22K and 24K gold. On average:

18 Carat Gold (10 grams): Around ₹1,18,000 to ₹1,22,000 depending on the city.
18 Carat Gold (1 gram): Around ₹11,800 to ₹12,200.

Prices may vary based on making charges, GST, and jeweler margins.

Gold Prices in Major Indian Cities

Gold prices differ slightly from city to city due to transportation cost, local demand, and state taxes. Below are the latest approximate rates in major cities:

In Delhi
22K gold (10 grams): ₹1,43,105
24K gold (10 grams): ₹1,56,115

In Chennai
22K gold (10 grams): ₹1,43,866
24K gold (10 grams): ₹1,58,840

In Bengaluru
22K gold (10 grams): ₹1,43,183
24K gold (10 grams): ₹1,56,200

In Mumbai
22K gold (10 grams): ₹1,43,183
24K gold (10 grams): ₹1,56,200

In Kolkata
22K gold (10 grams): ₹1,43,183
24K gold (10 grams): ₹1,56,200

In Jaipur
22K gold (10 grams): ₹1,43,183
24K gold (10 grams): ₹1,56,200

These prices are indicative and may change throughout the day.

Why Are Gold Prices Fluctuating?

Gold prices are influenced by many global and domestic factors. Some key reasons behind the recent movement include:

1. International Market Trends
   Gold is traded globally in US dollars. If international gold prices fall, Indian prices also adjust accordingly. Recently, global investors shifted some funds to stock markets, causing slight pressure on gold.
2. US Dollar Strength
   When the US dollar becomes strong, gold prices often fall because gold becomes expensive for other currency holders.
3. Interest Rate Policies
   If major central banks increase interest rates, investors prefer fixed income investments instead of gold. This reduces gold demand.
4. Indian Rupee Movement
   If the rupee strengthens against the dollar, gold imports become cheaper, reducing domestic prices.
5. Festival Demand
   India has many upcoming festivals and wedding seasons. During festivals like Dhanteras and Diwali, gold demand increases sharply. This often pushes prices higher.

Is This the Right Time to Buy Gold?

Many experts believe that small corrections in gold prices are good buying opportunities for long-term investors. If you are planning to buy gold jewelry for marriage or festivals, buying during a dip can save money.

However, short-term traders should be careful because gold prices can change quickly.

Difference Between 22K and 24K Gold

24 Carat Gold
24K gold is 99.9 percent pure. It is mostly used for investment purposes like coins and bars. It is softer and not ideal for daily wear jewelry.

22 Carat Gold
22K gold is about 91.6 percent pure. It contains small amounts of other metals to make it strong. Most Indian jewelry is made from 22K gold.

18 Carat Gold
18K gold contains 75 percent pure gold. It is strong and affordable. It is widely used for modern designer jewelry.

Silver Price Update 2026

Along with gold, silver prices have also shown some changes. Silver is often influenced by industrial demand as well as investment demand.

Currently, silver prices are trading around ₹1,85,000 per kilogram in many cities. Daily fluctuations are normal due to global market movement.

How to Check Daily Gold Price from Mobile

If you want to check daily gold prices from home, there are simple methods:

1. Visit official bullion websites.
2. Check updates from the India Bullion and Jewellers Association which releases daily gold rates.
3. Many jewelers provide SMS alert services.
4. Financial news apps also show live gold prices.

Gold prices are usually updated early in the morning and may change again during the day.

Things to Remember Before Buying Gold

1. Always check the BIS Hallmark on jewelry.
2. Compare prices from at least two jewelers.
3. Understand making charges clearly.
4. Ask for proper bill and GST details.
5. Check return and exchange policy.

Long-Term Gold Investment Outlook

Gold has always been considered a safe investment in India. During inflation, economic uncertainty, or global tension, gold usually performs well.

In the last few years, gold has given strong returns compared to traditional savings options. However, short-term volatility is common.

Experts suggest allocating 5 to 15 percent of your investment portfolio to gold for balance and safety.

Will Gold Prices Rise Again?

Many analysts believe that gold may rise again before the next major festival season due to increasing demand. If global tensions increase or stock markets fall, gold can move upward quickly.

However, if interest rates remain high globally, gold may trade in a limited range.

Conclusion

Gold prices in February 2026 have shown fresh movement, creating both opportunity and confusion for buyers. While some cities are seeing slight corrections, overall prices remain at historically high levels.

If you are planning to buy gold for personal use, this correction may help you save some money. For investors, it is important to focus on long-term goals rather than daily fluctuations.

Before buying, always verify the latest rate in your local market, because gold prices change frequently due to global and domestic factors.

Stay updated daily, compare rates carefully, and make informed decisions. Gold remains a trusted asset in India, whether for investment, tradition, or emotional value.