Gold, silver prices in India today (20 February 2026): Check latest city-wise rates

Gold prices in India registered a mild uptick on Friday, 20 February, even as global bullion signals remained mixed and the rupee continued to swing through recent trading sessions. Early figures indicated small gains for both gold and silver, extending the cautious tone seen in the domestic market this week.

Data from GoodReturns showed that 24-carat gold rose by approximately ₹10, placing the price for 10 grams at around ₹1,56,500. Silver also moved slightly higher, adding nearly ₹100 per kilogram to hover near ₹2,70,100.

Current gold rates in India (February 20)

24K gold: ₹15,650 per gram

22K gold: ₹14,346 per gram

18K gold: ₹11,738 per gram

Market watchers suggested that buyers remained cautious, tracking overseas trends and domestic currency volatility before making substantial bullion purchases.

Gold rates across major cities

Across India’s major metropolitan centres, gold prices remained largely stable on Friday. In Mumbai and Kolkata, 10 grams of 24-carat gold were priced at about ₹1,56,500. Buyers in Chennai continued to face higher rates, with the same quantity trading near ₹1,58,190. In the national capital, Delhi, 24-carat gold hovered close to ₹1,56,650.

For 22-carat gold, Mumbai, Kolkata, Bengaluru, and Hyderabad quoted levels around ₹1,43,460 per 10 grams, while Chennai maintained its premium, with prices standing at roughly ₹1,45,010.

Benchmark 999-purity gold remained close to ₹15,650 per gram nationwide.

Gold prices in major cities (February 20, 2026)

Silver prices in India

Silver traded around ₹2,70,100 per kilogram across Delhi, Mumbai, Chennai and Kolkata, with the national average hovering near ₹270.10 per gram. Analysts noted that silver continues to respond more sharply to global risk appetite, with rupee fluctuations further influencing domestic pricing.

What’s driving the market?

Commodity analysts cited a combination of global and domestic forces behind Friday’s moves:

• Ongoing geopolitical tensions supporting safe-haven buying
• Rupee volatility affecting import-linked pricing
• Seasonal demand ahead of the wedding and festival period
• Market expectations around inflation and upcoming cues from the Reserve Bank of India

Advice for buyers and investors

Experts urged consumers to stay alert to intraday volatility and ensure they purchase only BIS-hallmarked jewellery. Shoppers were also advised to compare quotes across multiple jewellers and verify invoices for purity, weight and all applicable charges.

For investors planning larger allocations, analysts recommended tracking global market cues and currency movements closely, given the continued sensitivity of bullion prices to international developments.