Gold Silver Rate Today, February 16, 2026: Gold Steady, Silver Slides; Check City-Wise Prices And MCX Trend

Gold and silver in India show mixed movements on 16 February 2026, with gold stabilising after gains and silver retreating from January highs. City wise rates vary by purity, while regional patterns remain broadly aligned, illustrating a largely unified market across major centres.

Gold and silver prices in India show mixed signals on 16 February 2026, following volatile trade earlier this month. Gold is steady after recent gains, while silver remains under pressure after a steep drop. Rates vary by city and purity, giving investors and jewellery buyers a wide range of levels.

On 16 February, 24K gold in India costs Rs 1,57,740 per 10 grams. The 22K segment trades at Rs 1,44,590 per 10 grams, while 18K gold is at Rs 1,18,300 per 10 grams. These values come after a period of earlier firmness, despite a broader monthly decline.

Gold Silver price today and February trend overview

Price action through February shows gold losing some ground overall, even with stable readings recently. The metal has fallen about 1.77 percent during the month so far. This decline follows an earlier upswing in previous sessions, which had pushed rates higher before levelling off on 15 February.

On 15 February, gold prices in India held steady across key purities. The 24K rate stood at Rs 15,775 per gram, while 22K traded at Rs 14,460 per gram. At the same time, 18K gold was priced at Rs 11,831 per gram, reflecting an earlier positive run in the market.

Gold Silver price today and sharp moves in silver

Silver has seen much sharper swings than gold during this period. After touching an all-time high of Rs 4 lakh per kilogram in January, prices have reversed significantly. In just the first 15 days of February, silver values have slipped about 21.43 percent nationwide.

On Sunday, 15 February, silver in India was quoted at Rs 2,750 per 10 grams, Rs 27,500 per 100 grams and Rs 2,75,000 per kilogram. By 16 February, the nationwide reference price moved to Rs 274 per gram, Rs 2,740 per 10 grams and Rs 2,74,900 per kilogram.

City-wise Gold Silver price today for major centres

Gold prices differ across major cities because of factors such as local taxes and logistics costs. Chennai posts one of the highest 24K rates at Rs 1,58,830 per 10 grams, with 22K at Rs 1,45,590. Many other metropolitan centres, including Mumbai, Delhi and Kolkata, trade close to the national benchmark.

Silver prices also show slight regional variation, though levels are broadly aligned across India. Chennai, Hyderabad, Kerala, Coimbatore, Madurai and Bhubaneswar quote higher silver at Rs 2,799 per 10 grams. Most other large cities, including Mumbai, Delhi and Bengaluru, list the metal near Rs 2,749 per 10 grams.

Detailed city-wise Gold Silver price today in India

Below is the city-wise gold price per 10 grams by purity on 16 February 2026.

Here are the latest silver rates by city for 10 grams, 100 grams and 1 kilogram.

Overall, gold prices in India hold broadly steady on 16 February, despite a modest monthly fall so far. Silver, however, shows a sharp correction after January’s record levels. City-wise differences remain narrow, indicating a largely unified market structure for both precious metals across major Indian centres.