On 15 February 2026, gold prices in India rebounded after recent volatility, with 24K gold rising to ₹15,790 per gram and 22K gold climbing to ₹14,460 per gram. Silver, however, slipped slightly to ₹275 per gram. Strong demand in major hubs like Delhi and Mumbai drove the recovery.
Key Highlights
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Gold Price Recovery: After two sessions of decline, gold prices rebounded on 15 February. 24K gold rose to ₹15,790 per gram, while 22K gold reached ₹14,460 per gram.
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Silver Slide: In contrast, silver prices dipped marginally to ₹275 per gram, reflecting weaker industrial demand.
City-Wise Trends:
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Delhi & Mumbai: Strong bargain-hunting lifted 24K gold rates to nearly ₹15,790 per gram.
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Chennai: Prices showed a premium, reflecting regional demand patterns.
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Bangalore & Hyderabad: Rates aligned closely with national averages, signaling steady consumer interest.
MCX Futures: Gold futures on the Multi Commodity Exchange (MCX) traded near ₹1,57,900 per 10 grams, erasing most of the earlier decline.
Global Cues: International spot gold hovered around USD 4,960 per ounce, supported by safe-haven buying amid global uncertainty.
Investor Sentiment: Jewellery buyers and investors are closely tracking the ₹1.6 lakh per 10 grams psychological threshold, which could determine the next price movement.
Why This Matters
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Festive & Wedding Season Demand: Rising gold prices highlight strong consumer demand, especially ahead of weddings and festivals.
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Investment Hedge: Gold continues to serve as a safe-haven asset, attracting investors amid global market volatility.
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Silver Weakness: The dip in silver underscores its reliance on industrial demand, which remains subdued.
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Market Outlook: Analysts suggest that if global uncertainty persists, gold could test higher levels, while silver may remain under pressure.
Closing Note
The rebound in gold prices on 15 February 2026 reflects India’s enduring appetite for the precious metal, both as an investment and cultural staple. With 24K and 22K rates rising across major cities and silver sliding, the market remains dynamic, shaped by global cues and domestic demand.
Sources: NDTV, Times Now, OneIndia, Business Standard