Gold has long been the preferred investment and ornament for millions in India. Whether you’re planning a wedding purchase or looking for a hedge against inflation, staying updated with the latest rates is crucial.
According to the latest data from GoodReturns, gold prices in India are witnessing a period of consolidation following a significant correction from record highs. Here is a detailed breakdown of the gold rates for today, February 18, 2026.
Today’s Gold Price in India (February 18, 2026)
Gold prices have seen a marginal decline today, continuing a cooling trend observed over the past few sessions.
| Purity | Price per Gram (INR) | Price per 10 Grams (INR) | Change |
| 24K Gold | ₹15,419 | ₹1,54,190 | – ₹1 |
| 22K Gold | ₹14,134 | ₹1,41,340 | – ₹1 |
| 18K Gold | ₹11,564 | ₹1,15,640 | – ₹1 |
Note: These prices are indicative and do not include GST, TCS, or making charges. Prices may vary slightly at local jewelry stores.
Gold Rates in Major Indian Cities
Prices can vary across cities due to local taxes, transportation costs, and bullion association variations.
- Mumbai: ₹15,419 (24K) | ₹14,134 (22K)
- Delhi: ₹15,434 (24K) | ₹14,149 (22K)
- Chennai: ₹15,621 (24K) | ₹14,319 (22K)
- Bangalore: ₹15,419 (24K) | ₹14,134 (22K)
- Hyderabad: ₹15,419 (24K) | ₹14,134 (22K)
- Kolkata: ₹15,419 (24K) | ₹14,134 (22K)
Market Trend: February 2026 Performance
The gold market in February 2026 has been marked by high volatility. After hitting an all-time high of approximately ₹1,80,000 per 10 grams in late January, the metal has entered a correction phase.
- Monthly High: ₹16,058 per gram (Feb 1)
- Monthly Low: ₹15,317 per gram (Feb 2)
- Current Performance: Falling (Approx. -1.77% monthly change)
The recent “crash” or price dip is largely attributed to a strengthening US Dollar and investors shifting funds toward rebounding equity markets. For many buyers, this correction represents a strategic “buy the dip” opportunity before the next festive rally.
Key Factors Influencing Gold Prices Today
- US Dollar Strength: Gold is priced in USD globally. When the dollar gains strength, gold typically becomes more expensive for Indian buyers, often leading to a temporary dip in demand.
- Federal Reserve Outlook: Anticipation regarding US interest rate cuts or hikes heavily influences investor sentiment toward non-yielding assets like gold.
- Domestic Demand: Despite price fluctuations, the ongoing wedding season in India provides a steady floor for retail demand, particularly in southern states like Tamil Nadu and Kerala.
- Global Geopolitical Cues: Any instability in global markets often drives investors back to gold as a “safe haven.”
Investing in Gold: Beyond Physical Jewelry
If you find physical gold cumbersome to store, consider these modern investment avenues:
- Sovereign Gold Bonds (SGBs): Government-backed, tax-efficient, and offers a 2.5% annual interest.
- Gold ETFs: Traded on the stock exchange, providing high liquidity without the worry of purity or storage.
- Digital Gold: Buy gold for as low as ₹1 via various certified apps, backed by physical gold in secure vaults.
Buying Tips for Today
- Check for Hallmarking: Always ensure you buy BIS-hallmarked gold to guarantee purity.
- Compare Making Charges: Different jewelers charge different “making fees,” which can add 5% to 20% to your final bill.
- Keep an Eye on MCX: For those interested in the trading side, monitor the Multi Commodity Exchange (MCX) for real-time future price movements.
For the most accurate and up-to-the-minute price updates, visit the official GoodReturns Gold Rate page.