Gold, Silver Price Today: Latest Rates of 24K and 22K Gold
Gold prices in India edged lower on Friday, February 13, 2026, marking a clear pause after the sharp rally seen earlier this year. The precious metal, which touched record highs in late January, is now witnessing some cooling as investors reassess global economic signals and expectations around US interest rates.
Gold Prices Ease Across Markets
As per data from Goodreturns, 24-carat gold was priced at ₹15,839 per gram on Friday. 22-carat gold traded at ₹14,519 per gram, while 18-carat gold stood at ₹11,879 per gram. The dip comes after strong gains over the past few months, prompting investors to book profits at higher levels.
In the futures market, gold prices on the Multi Commodity Exchange (MCX) slipped sharply. April contracts fell by ₹6,455, settling near ₹1,52,300 per 10 grams. This decline follows gold’s historic peak of ₹1,80,779 per 10 grams recorded on January 29, highlighting how quickly sentiment can shift in volatile markets.
Spot Gold Rates Turn Softer
According to the Indian Bullion and Jewelers Association (IBJA), spot gold prices also showed a softer trend. On Friday morning, 24-carat gold was quoted at ₹1,55,650 per 10 grams, while 22-carat gold stood at ₹1,42,575 per 10 grams. 18-carat gold was priced at ₹1,16,738 per 10 grams.
Market participants note that IBJA rates often reflect immediate changes in global bullion prices and currency movements, making them a key indicator for domestic traders and jewellers.
Silver Prices Remain Volatile
Silver prices also witnessed weakness during the session. MCX March silver contracts slipped to an intraday low of ₹2,60,453 per kilogram, nearly 1% lower. The contract was later seen trading near ₹2,61,068, down ₹1,950 or 0.74%.
Analysts point out that daily movements in gold and silver prices in India are closely tied to international bullion benchmarks. Fluctuations in the rupee US dollar exchange rate play a major role, as any sharp move can alter import costs and influence retail prices almost immediately.
What Experts Are Saying
Commenting on the trend, Saumil Gandhi, Senior Analyst Commodities at HDFC Securities, said gold traded in a range with a mild decline as markets reduced expectations of aggressive US rate cuts. He highlighted that the US non-farm payroll report for January showed the addition of 1.3 lakh jobs, while the unemployment rate eased to 4.3%, indicating continued strength in the labour market.
Gandhi added that strong labour data has lowered hopes of an immediate rate cut by the US Federal Reserve, which has weighed on precious metals in the short term. However, he noted that expectations of a policy shift toward rate cuts have not been ruled out entirely, offering some underlying support to gold prices.
Market Outlook
Going ahead, gold and silver prices are expected to remain volatile as investors closely track global economic data, central bank commentary, and currency movements. While near-term pressure may continue due to strong US economic indicators, long-term demand for gold as a safe-haven asset could limit sharp downside moves.
For Indian investors, experts suggest keeping an eye on global cues and avoiding knee-jerk decisions, especially after the strong rally witnessed earlier this year.
Disclaimer: This article is for informational purposes only and should not be considered financial or investment advice. Gold and silver prices are subject to market risks and can change due to global economic factors, currency movements, and policy decisions. Readers are advised to consult a qualified financial advisor and verify prices with authorised dealers before making any investment or purchase decisions.
Gold Prices Ease Across Markets
As per data from Goodreturns, 24-carat gold was priced at ₹15,839 per gram on Friday. 22-carat gold traded at ₹14,519 per gram, while 18-carat gold stood at ₹11,879 per gram. The dip comes after strong gains over the past few months, prompting investors to book profits at higher levels.
In the futures market, gold prices on the Multi Commodity Exchange (MCX) slipped sharply. April contracts fell by ₹6,455, settling near ₹1,52,300 per 10 grams. This decline follows gold’s historic peak of ₹1,80,779 per 10 grams recorded on January 29, highlighting how quickly sentiment can shift in volatile markets.
Spot Gold Rates Turn Softer
According to the Indian Bullion and Jewelers Association (IBJA), spot gold prices also showed a softer trend. On Friday morning, 24-carat gold was quoted at ₹1,55,650 per 10 grams, while 22-carat gold stood at ₹1,42,575 per 10 grams. 18-carat gold was priced at ₹1,16,738 per 10 grams.
Market participants note that IBJA rates often reflect immediate changes in global bullion prices and currency movements, making them a key indicator for domestic traders and jewellers.
Silver Prices Remain Volatile
Silver prices also witnessed weakness during the session. MCX March silver contracts slipped to an intraday low of ₹2,60,453 per kilogram, nearly 1% lower. The contract was later seen trading near ₹2,61,068, down ₹1,950 or 0.74%.
Analysts point out that daily movements in gold and silver prices in India are closely tied to international bullion benchmarks. Fluctuations in the rupee US dollar exchange rate play a major role, as any sharp move can alter import costs and influence retail prices almost immediately.
What Experts Are Saying
Commenting on the trend, Saumil Gandhi, Senior Analyst Commodities at HDFC Securities, said gold traded in a range with a mild decline as markets reduced expectations of aggressive US rate cuts. He highlighted that the US non-farm payroll report for January showed the addition of 1.3 lakh jobs, while the unemployment rate eased to 4.3%, indicating continued strength in the labour market.
Gandhi added that strong labour data has lowered hopes of an immediate rate cut by the US Federal Reserve, which has weighed on precious metals in the short term. However, he noted that expectations of a policy shift toward rate cuts have not been ruled out entirely, offering some underlying support to gold prices.
Market Outlook
Going ahead, gold and silver prices are expected to remain volatile as investors closely track global economic data, central bank commentary, and currency movements. While near-term pressure may continue due to strong US economic indicators, long-term demand for gold as a safe-haven asset could limit sharp downside moves.
For Indian investors, experts suggest keeping an eye on global cues and avoiding knee-jerk decisions, especially after the strong rally witnessed earlier this year.
Disclaimer: This article is for informational purposes only and should not be considered financial or investment advice. Gold and silver prices are subject to market risks and can change due to global economic factors, currency movements, and policy decisions. Readers are advised to consult a qualified financial advisor and verify prices with authorised dealers before making any investment or purchase decisions.
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