Gold Rate Today in India: MCX Rates Slip Slightly on Feb 16, 2026 as Market Shows Volatility

Gold Rate Today in India: Gold prices in India showed mild volatility on Monday, February 16, 2026, with rates witnessing a slight decline compared to the previous session. According to MCX data for the April 2026 contract, gold was trading at around ₹1,54,631 per 10 grams.

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The precious metal touched a day low of ₹1,54,248 before recovering during afternoon trading, but it still remained about ₹435 lower than the previous close.

Retail gold prices across major Indian cities also reflected similar trends. In cities like Mumbai, Delhi, Kolkata, Bangalore, Hyderabad, and Pune, 24K gold was hovering near ₹1,56,440 per 10 grams, while 22K gold was around ₹1,43,400. Chennai continued to see slightly higher rates, with 24K gold close to ₹1,57,530 per 10 grams. These retail prices are indicative and usually exclude GST, making charges, and local taxes.

Meanwhile, silver prices witnessed a sharper correction, trading near ₹2,40,700 per kg on MCX, falling more than 2 percent during the day. Market experts suggest that global cues and profit booking are contributing to the current fluctuations.

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Major jewellery brands like Tanishq, Kalyan Jewellers, and Malabar Gold are quoting 22K gold between ₹14,340 and ₹14,380 per gram today. Buyers are advised to check live prices before making any purchase, as bullion rates change frequently during trading hours.

Disclaimer 

The gold and silver prices mentioned in this article are indicative and based on market trends at the time of writing. Rates may change frequently due to market fluctuations, global factors, taxes, and local charges.

Readers are advised to check live prices with official sources or local jewellers before making any buying or investment decisions. This article is for informational purposes only and should not be considered financial or investment advice.

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