Gold prices slipped slightly across India on Friday, with 24-carat rates edging down by a few thousand rupees in early trade. According to GoodReturns, the benchmark price for 10 grams of 24-carat gold fell by ₹2,620, bringing the quoted rate to ₹1,55,780. Silver also moved lower, declining by ₹15,000 to ₹2,80,000 per kilogram as domestic and global cues kept bullion markets cautious.

Prices for 22-carat gold followed a similar trajectory, dropping by ₹2,400 to around ₹1,42,800 per 10 grams. Traders said buyers were watching international signals and domestic economic conditions closely before committing to fresh purchases.

Current gold rates in India (February 13)

24K gold: ₹15,578 per gram

22K gold: ₹14,280 per gram

18K gold: ₹11,684 per gram

These shifts came as buyers continued to watch international signals and domestic economic conditions before committing to bullion purchases.

Gold rates across major cities

Gold rates were broadly stable across major metropolitan centres.

  • In Mumbai and Kolkata, 10 grams of 24-carat gold traded at ₹1,55,780.
  • Chennai continued to command a premium, with prices around ₹1,57,090.
  • Delhi buyers saw levels near ₹1,55,930.

For 22-carat gold:

  • Mumbai, Kolkata, Bengaluru and Hyderabad quoted roughly ₹1,42,800 per 10 grams.
  • Chennai remained higher at approximately ₹1,44,000.

The national benchmark for 999 purity gold hovered close to ₹15,578 per gram.

Gold prices in major cities (February 13, 2026)

City24 K22 K18 K
Delhi₹15,593₹14,295₹11,699
Mumbai₹15,578₹14,280₹11,684
Chennai₹15,709₹14,400₹12,400
Kolkata₹15,578₹14,280₹11,684
Bengaluru₹15,578₹14,280₹11,684
Hyderabad₹15,578₹14,280₹11,684
Thiruvanathapuram₹15,578₹14,280₹11,684

Silver prices in India

Silver traded around ₹2,80,000 per kilogram in Delhi, Mumbai, Chennai and Kolkata, with per-gram rates averaging ₹280 nationally. Analysts noted that silver continues to react more sharply to global risk sentiment, with movements in the rupee amplifying domestic price swings.

What’s driving the market?

Commodity traders pointed to several factors influencing the latest moves in bullion:

  • Persistent geopolitical tensions, which continue to support safe-haven demand.
  • Rupee volatility, affecting the landed cost of imported gold.
  • Seasonal buying ahead of the wedding and festival period.
  • Market expectations around inflation and potential signals from the Reserve Bank of India.

Advice for buyers and investors

Experts advised consumers to remain alert to volatility and prioritise BIS-hallmarked jewellery. Buyers were encouraged to compare quotes across jewellers and ensure invoices clearly mention purity, weight and all applicable charges.

Investors considering larger exposures were urged to track daily price movements closely, given ongoing sensitivity to global markets and currency shifts.