Gold and Silver Prices Fall Across India on February 13, 2026
Precious metal investors witnessed a decline in both gold and silver prices across major Indian cities today. According to market data, 24-karat gold is trading at ₹15,578 per gram while silver has dropped to ₹280 per gram nationwide.
Today's Gold Price Movement in India
The domestic gold market experienced notable volatility, with prices stabilizing around ₹1.56 lakh per 10 grams for 24K gold. This represents a recovery from recent lows, though prices remain approximately 12% below the record high of ₹1.78 lakh achieved in January 2026. Market analysts attribute the fluctuation to global cues including US economic data, Federal Reserve rate expectations, and dollar strength.
Wedding season demand is expected to provide support to gold prices in the coming weeks. The Reserve Bank of India's recent rate cut has influenced market sentiment, while central bank gold purchases continue for the 15th consecutive month, signaling long-term confidence in the precious metal.
Silver Market Under Pressure
Silver witnessed more significant decline, with prices falling to ₹2.80 lakh per kilogram – a substantial drop of ₹15,000 from yesterday's levels. The white metal has crashed nearly ₹1.75 lakh in just 15 days, representing one of its steepest corrections in recent memory. Despite short-term volatility, experts maintain that silver remains attractive for long-term investors due to strong industrial and investment demand.
City-Wise Gold and Silver Rates Today
| City | Gold 24K (10g) | Gold 22K (10g) | Silver (1kg) |
|---|---|---|---|
| Mumbai | ₹1,56,600 | ₹1,43,550 | ₹2,80,000 |
| Delhi | ₹1,56,750 | ₹1,43,700 | ₹2,80,000 |
| Bengaluru | ₹1,56,600 | ₹1,43,550 | ₹2,80,000 |
| Chennai | ₹1,57,310 | ₹1,44,200 | ₹2,80,000 |
| Kolkata | ₹1,56,600 | ₹1,43,550 | ₹2,80,000 |
Note: Rates are indicative and exclude GST (3%), making charges, and local taxes. Always verify final prices with your jeweller before purchase.
Investment Outlook
Despite recent corrections, both metals have delivered strong returns year-to-date. Gold remains up approximately 8% since January 2026, while silver has gained around 16% before the recent pullback. Analysts suggest that the current dip may present buying opportunities for long-term investors, particularly with wedding season approaching and geopolitical uncertainties supporting safe-haven demand.
Investors should monitor global developments, US inflation data, and rupee-dollar movements as these factors continue to influence domestic precious metal prices. For those looking to purchase gold or silver, comparing rates across cities and understanding the complete cost including GST and making charges is essential for making informed investment decisions.
