Gold Rate Today 11 February 2026: Indian gold markets witnessed a modest uptick on Wednesday as prices regained ground following Tuesday’s decline. The precious metal successfully maintained its position above the crucial ₹1.58 lakh threshold for 24-karat gold per 10 grams, signaling renewed investor confidence amid global uncertainties.
Market analysts describe the current trading pattern as a “choppy consolidation” period, with gold prices stabilizing after touching unprecedented peaks in late January. This recovery comes as international factors continue to influence domestic pricing trends.
City-Wise Gold Rate Today
Gold rate today 11 February 2026 varies significantly across major Indian metropolitan areas, reflecting differences in local taxation, logistics expenses, and consumer demand patterns. Chennai maintains its position as the most expensive market for gold buyers.
| City | 24K Gold (10g) | 22K Gold (10g) | 18K Gold (10g) |
|---|---|---|---|
| Chennai | ₹1,59,050 | ₹1,45,790 | ₹1,25,310 |
| Delhi | ₹1,58,940 | ₹1,45,710 | ₹1,19,220 |
| Ahmedabad | ₹1,58,840 | ₹1,45,610 | ₹1,19,150 |
| Mumbai | ₹1,58,790 | ₹1,45,560 | ₹1,19,100 |
| Kolkata | ₹1,58,790 | ₹1,45,560 | ₹1,19,100 |
| Bangalore | ₹1,58,790 | ₹1,45,560 | ₹1,19,100 |
| Hyderabad | ₹1,58,790 | ₹1,45,560 | ₹1,19,100 |
| Pune | ₹1,58,790 | ₹1,45,560 | ₹1,19,100 |
MCX Gold Rate Today
Wednesday’s trading on the Multi Commodity Exchange brought encouraging news for precious metal investors. Both gold and silver futures demonstrated impressive recovery, driven by favorable international conditions.
Gold futures for April 2026 delivery climbed approximately 1%, recapturing the ₹1.58 lakh level with an intraday peak of ₹1,58,436 per 10 grams. Meanwhile, silver futures for March 2026 delivery outshined gold with a remarkable 4% surge, jumping ₹9,665 to surpass the ₹2.62 lakh per kilogram mark.
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What’s Driving the Recovery?
Financial experts point to two primary catalysts behind today’s price rebound. The weakening US Dollar has made gold more attractive for international buyers, while escalating geopolitical tensions in the Middle East have reinforced the metal’s traditional role as a safe-haven investment during uncertain times.
As gold rate today 11 February 2026 reflects this global dynamic, investors continue monitoring these developments closely for future market direction.
Disclaimer: Retail prices for jewelry (like at Tanishq or Kalyan Jewellers) typically include additional making charges and 3% GST, which are not reflected in the base bullion rates above.
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.
