The gold rate today 16 February 2026 is holding almost flat in India after some wild swings earlier this month. Retail prices stay near recent highs, but morning trade on MCX shows a small dip as people cash in profits.
Local jewellers report steady demand, with no big jumps or crashes today.
City-Wise Gold Rate Today 16 February 2026 (per 10 grams)
(Indicative retail prices – 24K pure, 22K & 18K jewellery. GST 3%, TCS & making charges extra)
| City | 24K Pure | 22K Jewellery | 18K |
|---|---|---|---|
| Chennai | ₹1,58,830 | ₹1,45,590 | ₹1,24,490 |
| Delhi | ₹1,57,890 | ₹1,44,740 | ₹1,18,450 |
| Mumbai | ₹1,57,740 | ₹1,44,590 | ₹1,18,300 |
| Kolkata | ₹1,57,740 | ₹1,44,590 | ₹1,18,300 |
| Bangalore | ₹1,57,740 | ₹1,44,590 | ₹1,18,300 |
| Hyderabad | ₹1,57,740 | ₹1,44,590 | ₹1,18,300 |
| Ahmedabad | ₹1,57,790 | ₹1,44,640 | ₹1,18,350 |
| Pune | ₹1,57,740 | ₹1,44,590 | ₹1,18,300 |
Chennai leads slightly higher due to local factors.
MCX Gold Rate Today
MCX Gold (April 2026) trades near ₹1,55,345 per 10g – down 0.35%. MCX Silver (March 2026) fell sharper to around ₹2,40,650 per kg – off over 1.52%. Global spot gold sits at about $5,020 per ounce, holding above the key $5,000 mark.
What’s Next?
Experts call it a consolidation phase. Geopolitical worries and central bank purchases keep a floor under prices. But a firm US dollar and cooling tech stocks cap big gains. Traders now watch FOMC minutes for clues on rate moves.
For buyers, the gold rate today 16 February 2026 looks stable – a good window if you’ve been waiting.
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
- Goodreturns: Gold & Silver Rates Today Live Updates
- Oneindia: City-wise Gold/Silver Price Analysis
- The Sunday Guardian: Gold/Silver Price Today & MCX Trends
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.
