Gold Silver Rate Today, February 10, 2026: What Is Driving City-Wise Gold And Silver Prices In India

The article reports a robust rise in gold and silver prices in India on 10 February, supported by a softer US dollar and strong global bullion gains. It covers domestic spot levels across cities, MCX futures performance, and the factors driving daily price changes, including currency movements and Indian demand patterns.

Gold Silver Rate Today, February 10, 2026: Gold and silver are trading sharply higher on 10 February, with Indian rates mirroring strong global gains and a weaker US dollar. Domestic prices for both metals move up as traders react to expectations around US interest rates and await the coming labour market data from the United States.

Spot prices across India show gold near recent highs in multiple purity segments, while silver stays firm at a uniform level nationwide. Data from major centres, including Mumbai, Delhi, Chennai and Kolkata, suggests strong and broad demand, especially for higher purity gold, alongside steady investment interest in silver.

Gold Silver Price Today: Domestic market levels and purity-wise data

In the retail market, 24-karat gold on 10 February trades at Rs 1,57,920 per 10 grams in India. The widely bought 22-karat segment is priced at Rs 1,44,760 per 10 grams. For buyers preferring lower purity, 18-karat gold is quoted at Rs 1,18,450 per 10 grams in the domestic market.

Silver prices today remain aligned across regions, with the metal quoted at Rs 300.10 per gram. This equals Rs 3,001 per 10 grams and Rs 3,00,100 per kilogram. The uniform rate pattern across cities points to a centrally influenced wholesale market and tight arbitrage opportunities between locations.

Gold Silver Price Today: MCX futures performance and intraday moves

On the Multi Commodity Exchange, gold and silver futures record strong intraday gains on 9 February 2026. MCX gold for April delivery starts the session 0.35% higher at Rs 1,56,000 per 10 grams, versus the earlier close of Rs 1,55,451, signalling firm sentiment at the open.

Buying interest strengthens through the day. By 9 February, April gold futures are trading at Rs 1,58,751 per 10 grams. That is a rise of 2.12%, or Rs 3,300, from the previous settlement. Analysts attribute this move to safe-haven demand and pressure on the US dollar index.

Silver futures show an even stronger response on MCX. March silver contracts open at Rs 2,59,887 per kilogram, up Rs 9,995 or 4% from the prior close of Rs 2,49,892. The early jump points to aggressive positioning ahead of US economic data releases.

Gains extend later in the evening session. According to MCX figures at 10:56 pm IST, March silver is trading at Rs 2,64,300 per kilogram. That marks a 5.77% increase, or Rs 14,408, within the day. The move outpaces gold and underlines silver’s higher price volatility.

Gold Silver Price Today: Key drivers behind daily price changes

Gold and silver prices move every day because both global and Indian factors change constantly. International bullion benchmarks react to economic data, central bank signals and geopolitical news. Those moves then filter into Indian markets after accounting for currency changes and local demand conditions.

The rupee-US dollar exchange rate is a key channel for price transmission. When the rupee weakens against the dollar, landed costs of imported bullion rise for Indian buyers. At the same time, high inflation, changing rate expectations and economic uncertainty often drive investors into gold and silver as perceived safer assets.

Gold Silver Price Today: City-wise gold rate comparison

City-wise data shows some variation in gold prices, mainly between southern and northern centres. Chennai, Coimbatore, Madurai, Salem, Trichy and Vellore quote higher levels than Mumbai and Delhi. Many other cities, such as Hyderabad, Bangalore, Kolkata and Pune, broadly align with Mumbai’s price band for 24-karat and 22-karat gold.

Gold Silver Price Today: City-wise silver rate snapshot

Unlike gold, silver rates in India show no city-level differences in the available data. Every tracked location lists identical prices for 10 grams, 100 grams and 1 kilogram. This suggests a central reference price is widely followed by retailers and bulk dealers for silver on 10 February.

Overall, 10 February data shows gold and silver supported by global bullion gains, a softer US dollar and investor caution before US labour statistics. Indian futures on MCX rise strongly, while domestic spot prices and city-wise rates indicate stable, broad-based demand across purity segments and regions.