Gold Rate Today 12 February 2026: Planning to buy gold today? You might want to check your wallet twice. The Gold Rate Today 12 February 2026 took a noticeable dip as prices corrected sharply in the Indian market. The main reason? Fresh US employment numbers came in stronger than expected, which cooled down hopes for quick interest rate cuts by the Federal Reserve.
Right now, 24-carat gold is trading around ₹1,58,400 per 10 grams in the retail market. That’s down by about ₹1,200 from yesterday. For those who prefer 22-carat jewelry gold, it’s sitting at roughly ₹1,45,200 per 10 grams. If you’ve been waiting for a better entry point, today’s drop in the Gold Rate Today 12 February 2026 could be interesting.
MCX Gold Rate Today
On the Multi Commodity Exchange (MCX), things looked heavy with sellers in control. Gold futures for April delivery opened weak and kept sliding. Here’s a quick snapshot:
| Commodity | Contract | Rate (per 10g/kg) | Change (Approx.) |
|---|---|---|---|
| MCX Gold | April 2026 | ₹1,58,067 | ↓ ₹932 (0.43%) |
| MCX Silver | March 2026 | ₹2,60,253 | ↓ ₹2,565 (1.0%) |
The stronger US dollar played a big role here. With the American job market holding up well, many traders now think any rate cut might not come until July. That makes gold—a non-interest-paying asset—less appealing right now, pushing the Gold Rate Today 12 February 2026 lower.
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City-Wise Gold Rate Today (per 10 Grams)
Prices differ a bit from city to city because of local taxes and other charges. Chennai usually stays on the higher side. Check these approximate rates for Gold Rate Today 12 February 2026:
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Chennai | ₹1,59,050 | ₹1,45,800 | ₹11,930 |
| Mumbai | ₹1,58,590 | ₹1,45,370 | ₹11,890 |
| Delhi | ₹1,58,320 | ₹1,45,130 | ₹11,870 |
| Kolkata | ₹1,58,380 | ₹1,45,180 | ₹11,880 |
| Bangalore | ₹1,58,720 | ₹1,45,490 | ₹11,900 |
| Hyderabad | ₹1,58,840 | ₹1,45,600 | ₹11,910 |
| Pune | ₹1,58,590 | ₹1,45,370 | ₹11,890 |
| Ahmedabad | ₹1,58,800 | ₹1,45,570 | ₹11,910 |
What’s Next for Gold Rate Today ?
Even with today’s fall, experts say the long-term picture for gold still looks positive. On MCX, strong support sits near ₹1,55,000, while ₹1,60,000 acts as a key resistance level. Central banks keep buying gold, and worries in the Middle East add extra support. So while the Gold Rate Today 12 February 2026 is down, many believe this could just be a short breather.
Remember, these rates don’t include GST, TCS, or making charges. Always talk to a trusted jeweler or advisor before buying. How are you feeling about the current Gold Rate Today 12 February 2026? Planning to buy soon or waiting it out? Let us know!
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
- https://www.ndtvprofit.com/markets/gold-silver-price-today-feb-12-check-prices-in-delhi-mumbai-chennai-and-other-cities-10991624#:~:text=Chennai%20leads%20the%20metros%20with,steady%20movement%20across%20major%20hubs.
- https://www.goodreturns.in/news/gold-rates-silver-rates-today-live-comex-mcx-gold-silver-price-24k-22k-18k-gold-prices-february-12-1488819.html#:~:text=This%20came%20after%20investors%20hope,18K%20Gold%20On%20Feb%2D11
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.
