Gold and Silver Rates Today, Feb 19: City-Wise Prices Across Major Indian Cities

Gold and silver prices in India moved higher on Thursday, supported by firm physical demand and strong cues from the global markets. According to bullion market data, gold is trading at ₹1,56,050 per 10 grams, while silver is priced at ₹2,43,630 per kg.

The upward move comes as traders created fresh positions in futures amid steady spot demand. Silver, meanwhile, mirrored gains seen in overseas markets. Although a strong US dollar and uncertainty around the future policy stance of the US Federal Reserve have kept short-term sentiment cautious, precious metals continue to find support from safe-haven buying and sustained purchases by central banks.

Global Market Support

In the international market, bullion prices remained firm. Spot silver surged by 3% to $75.60 per ounce, while gold climbed nearly 1% to $4,918.64 per ounce. Analysts believe that ongoing geopolitical uncertainties and expectations of long-term monetary easing are helping gold and silver maintain strength, even during brief corrections.

Gold Prices Today in Major Indian Cities (24-Carat, per 10 grams)

• Mumbai: ₹1,55,760
• Delhi: ₹1,55,490
• Bengaluru: ₹1,55,890
• Chennai: ₹1,56,220
• Hyderabad: ₹1,56,010
• Kolkata: ₹1,55,560

Among metros, southern cities continue to trade at a premium. Chennai currently records the highest gold price, while Delhi remains slightly lower compared to western and southern hubs.

Silver Prices Today in Major Indian Cities (per kg)

• Mumbai: ₹2,43,180
• Delhi: ₹2,42,760
• Bengaluru: ₹2,43,370
• Chennai: ₹2,43,890
• Hyderabad: ₹2,43,570
• Kolkata: ₹2,42,860

Silver prices remain elevated across markets, with Chennai and Hyderabad leading the charts. The industrial metal continues to benefit from both investment demand and expectations of improved global manufacturing activity.

Outlook

Market experts suggest that gold and silver prices may remain volatile in the near term due to movements in the US dollar and evolving global monetary policy signals. However, long-term fundamentals such as inflation hedging, geopolitical risks, and central bank accumulation are expected to keep the broader trend supportive.


Disclaimer: The prices mentioned above are indicative and based on market data available at the time of writing. Gold and silver rates vary by city due to local taxes, making charges, and dealer margins. This article is for informational purposes only and should not be considered as financial or investment advice. Readers are advised to consult certified financial experts or local jewellers before making any buying or investment decisions.