Gold, Silver Rate Today Feb 23: City-Wise Prices in Mumbai, Delhi, Chennai and Others

Gold and silver prices are moving in different directions this week, reflecting the shifting mood in global markets. While silver rates have eased slightly, gold is expected to stay firm and may even climb in the coming days as investors look for safer investment options amid rising global uncertainty. Renewed trade tensions following tariff moves by US President Donald Trump and fresh concerns in the Middle East have pushed many investors toward precious metals.

Market experts say upcoming global economic data could further influence price trends. Key indicators such as US Producer Price Index data, consumer confidence numbers, jobless claims, and China’s lending rate decision are likely to impact bullion movement in the near term.

Gold Price Today in India

The national benchmark for gold stands at around Rs 1,58,410 per 10 grams. However, retail prices vary slightly across cities.

Mumbai, the country’s financial capital, is seeing 24-carat gold priced at Rs 1,58,980 per 10 grams. In Delhi, gold is retailing at Rs 1,57,860, while Kolkata is close behind at Rs 1,57,920 per 10 grams.

Southern cities continue to quote slightly higher rates. Chennai is leading among major metros at Rs 1,58,590 per 10 grams. Hyderabad is reporting Rs 1,58,380, and Bengaluru is at Rs 1,58,250. The difference highlights how regional demand and logistics can influence local pricing.

Gold Rates Per 10 Grams

• Mumbai: Rs 1,58,980
• Delhi: Rs 1,57,860
• Bengaluru: Rs 1,58,250
• Chennai: Rs 1,58,590
• Hyderabad: Rs 1,58,380
• Kolkata: Rs 1,57,920

Silver Price Today in India

Silver prices have softened compared to recent highs, though they remain elevated overall. The broader silver benchmark is around Rs 2,38,940 per kilogram.

Mumbai is quoting silver at Rs 2,38,510 per kg, while Delhi is slightly lower at Rs 2,38,100 per kg. Chennai is reporting one of the highest rates at Rs 2,39,200 per kg. Hyderabad stands at Rs 2,38,880, and Bengaluru is close at Rs 2,38,690 per kg. In Kolkata, silver is currently priced at Rs 2,38,190 per kg.

Silver Rates Per Kilogram

• Mumbai: Rs 2,38,510
• Delhi: Rs 2,38,100
• Bengaluru: Rs 2,38,690
• Chennai: Rs 2,39,200
• Hyderabad: Rs 2,38,880
• Kolkata: Rs 2,38,190

What Lies Ahead

With global uncertainties persisting, gold is likely to remain supported as a safe-haven asset. Silver, which often moves alongside gold but is also influenced by industrial demand, may see more volatility.

Investors and buyers planning purchases should keep an eye on international developments and key economic data releases this week, as they could shape the direction of precious metal prices in the days ahead.


Disclaimer: Precious metal prices are subject to market risks and may change multiple times throughout the day based on global trends, currency fluctuations, taxes, and local demand. The rates mentioned above are indicative and may vary by city, jeweller, and additional charges such as GST and making charges. Investors and buyers are advised to verify prices with their local bullion dealers or financial advisors before making any purchase or investment decisions.