gold price
There was a stir in the Indian bullion market on the morning of 12 February 2026. The ongoing turmoil in the global market and the strengthening of the dollar has had a direct impact on the prices of gold and silver in the domestic market. According to today’s latest update, a slight increase has been recorded in the prices of gold, which may have a slight impact on the budget of families doing wedding shopping. At the same time, the prices of silver also seem to be touching the sky.
Why did gold prices rise?
Gold is not just a metal, but the most reliable means of safe investment for Indian families. International demand and inflationary pressure are the main reasons behind the increase seen in gold prices today i.e. on 12 February 2026. Market experts believe that whenever there is a fluctuation in the price of dollar, its direct reflection is visible on the price of gold.
If we look at today’s figures, the price of 24 carat pure gold has reached Rs 15,961 per gram. This is the gold which is bought as investment in the form of bricks or biscuits. At the same time, if you are thinking of making jewellery, then you will have to pay Rs 14,631 per gram for 22 carat gold. Keep in mind that only 22 carat gold is considered most suitable for jewelery because it gets strengthened by the adulteration of other metals.
Where is cheap gold available in Delhi, Mumbai and Chennai?
There is a slight difference in the price of gold in different parts of the country due to local taxes and transportation costs. If we look at the list of metropolitan cities today, there is a slight difference in the rates of Delhi and Mumbai, but the people of Chennai may have to shell out a little more.
In the country’s capital Delhi, the price of 24 carat gold is Rs 15,976 per gram, while 22 carat gold is available at Rs 14,646 per gram. On the other hand, prices are similar in the financial capital Mumbai and Kolkata, where 24 carat gold is trading at Rs 15,961 and 22 carat gold at Rs 14,631 per gram. Talking about South India, the shine of gold is the brightest in Chennai. Here the price of 24 carat gold is Rs 16,136 and the price of 22 carat gold is Rs 14,721 per gram, which is the highest compared to other metros.
Will silver cross Rs 3 lakh again?
Not only gold, but also silver, which is called the ‘gold of the poor’, is no longer cheap. Due to industrial demand and global trends, silver prices have also remained very high. Today the price of silver in India has been recorded at around Rs 2,89,900 per kg.
If you talk about Sterling Silver (Silver 925), which is often used in fashionable jewelery and gift items, then its price is also around Rs 2,89,000 per kg. This news may be a bit worrying for small investors because silver is no longer as affordable as before. If we look at the retail prices of silver in different cities, the rate of silver 999 is Rs 2,899 per 10 grams in Delhi, Mumbai, Kolkata and Chennai.
