If you’ve been waiting for the right moment to eye the gold market, today’s news might just grab your attention. On Thursday, February 19, 2026, gold prices across India showed a strong recovery. After a few days of ups and downs, the “yellow metal” has climbed back up, once again crossing the important psychological level of ₹1.56 lakh per 10 grams on the MCX.
This sudden spark in prices isn’t just a coincidence. Experts point to a mix of things—like easier trading rules and people rushing to gold as a “safe bet” because of tensions happening around the world. Whether you’re planning a wedding purchase or just tracking your investments, here is everything you need to know about the Gold Rate Today 19 February 2026.
Gold Rate Today 19 February 2026
City-Wise Gold Rates: What’s the Price in Your City?
Gold prices aren’t the same everywhere in India. Local taxes and how much gold is available in your area can change the final tag. For instance, Chennai is still seeing higher prices compared to other major metros like Mumbai or Delhi.
Below is the breakdown of the prices for 24K, 22K, and 18K gold as of today:
| City | 24K Gold (per 10g) | 22K Gold (per 10g) | 18K Gold (per 10g) |
| Chennai | ₹1,58,180 | ₹1,46,000 | ₹1,24,000 |
| Delhi | ₹1,56,640 | ₹1,43,600 | ₹1,17,520 |
| Ahmedabad | ₹1,56,540 | ₹1,43,500 | ₹1,17,420 |
| Mumbai | ₹1,56,490 | ₹1,43,450 | ₹1,17,370 |
| Kolkata | ₹1,56,490 | ₹1,43,450 | ₹1,17,370 |
| Bangalore | ₹1,56,490 | ₹1,43,450 | ₹1,17,370 |
| Hyderabad | ₹1,56,490 | ₹1,43,450 | ₹1,17,370 |
| Pune | ₹1,56,490 | ₹1,43,450 | ₹1,17,370 |
Note: These prices are indicative. They do not include the 3% GST, making charges, or other local costs. Always check with your local jeweler for the final price on your bill.
What’s Happening on the MCX?
The Multi Commodity Exchange (MCX) is seeing a lot of action today. A big reason for the price jump is that the exchange decided to remove some “extra margins.” In simple terms, this makes it cheaper and easier for traders to buy gold and silver, which brings more money into the market.
- MCX Gold Futures (April 2026): Trading at ₹1,55,887, up by about 0.08%.
- MCX Silver Futures (March 2026): Silver is doing even better, trading at ₹2,44,556 per kg, showing a solid comeback.
Why are Gold Prices Rising?
You might be wondering: “Why is gold getting expensive again?” Here are the four main reasons driving the Gold Rate Today 19 February 2026:
- Global Tensions: When things get rocky between countries (like the current issues in the Middle East and Eastern Europe), people stop putting money in risky stocks and buy gold instead. It’s seen as a “safe haven.”
- Trading Rules Eased: As mentioned, the MCX and NSE removed extra fees for traders. This encouraged more people to start buying gold today.
- The $5,000 Milestone: In the global market, gold has hit the huge mark of $5,000 per ounce. This global trend is pushing Indian prices higher too.
- The Value of the Rupee: The Indian Rupee is currently around 91.04 against the US Dollar. Since India imports most of its gold, a weaker Rupee makes gold more expensive for us to bring into the country.
Is Now a Good Time to Buy?
Right now, gold is in what experts call a “buy on dips” phase. Even though it’s expensive, it is still lower than the record high of nearly ₹1.80 lakh we saw back in January. Many market watchers believe that as long as the price stays above ₹1.50 lakh, it might try to break its old records again later this year.
Disclaimer: The information in this article is for informational and educational purposes only. While we strive for accuracy, we make no guarantees regarding the completeness or reliability of this content. Use of this information is strictly at your own risk.
Sources & References
- Business Today: Gold prices rise to Rs 1.56 lakh on MCX
- Goodreturns: Gold Rates & Silver Rates Today Live
- Angel One: Check Gold and Silver Prices on Feb 19, 2026
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
