Gold prices in India have witnessed a significant surge today, Tuesday, February 24, 2026, as the precious metal continues its bullish momentum. Driven by heightened global uncertainty and technical breakouts, 24K gold has soared past the ₹1.6 lakh per 10 grams mark, reaching its highest level of the month so far.
According to the latest live data from GoodReturns, gold rates have jumped by over ₹400 per 10 grams overnight, marking the second consecutive day of gains.
Today’s Gold Prices in India (Per Gram)
As of February 24, 2026, the retail prices for gold across different purity levels are as follows:
| Gold Purity | Price per Gram (Today) | Price per 10 Grams (Today) | Price Change (vs. Yesterday) |
| 24K Gold (Pure) | ₹16,178 | ₹1,61,780 | 📈 +₹430 |
| 22K Gold (Standard) | ₹14,830 | ₹1,48,300 | 📈 +₹400 |
| 18K Gold (Jewelry) | ₹12,134 | ₹1,21,340 | 📈 +₹330 |
Pro Tip: These are indicative spot rates. Final retail prices at your local jewelry store will include 3% GST and applicable making charges.
City-Wise Gold Rates (24K & 22K)
Local factors such as transportation costs and state-level taxes cause variations in gold prices across major Indian cities:
- Chennai: ₹16,212 (24K) | ₹14,861 (22K) — Commands the highest rates today.
- Mumbai: ₹16,136 (24K) | ₹14,791 (22K)
- Delhi: ₹16,151 (24K) | ₹14,806 (22K)
- Bangalore: ₹16,136 (24K) | ₹14,791 (22K)
- Hyderabad: ₹16,136 (24K) | ₹14,791 (22K)
Why are Gold Prices Rising Today?
The sudden spike in the bullion market is being fueled by a combination of international triggers and domestic demand:
- Global Safe-Haven Demand: Renewed geopolitical tensions and uncertainty over US tariff policies have pushed international gold prices above the $5,210 per ounce mark. Investors are flocking back to gold as a hedge against economic instability.
- Weakening Rupee: The fluctuation of the Indian Rupee against the US Dollar has made gold imports more expensive, directly impacting domestic retail prices.
- Wedding Season Pressure: Strong physical demand in the Indian domestic market due to the ongoing peak wedding season is providing a solid floor for prices, preventing any major dips.
- Technical Breakout: Market analysts note that gold has successfully broken past key resistance levels on the MCX (Multi Commodity Exchange), triggering fresh buying orders from traders.
Market Outlook: What to Expect?
With gold hitting new highs for February, all eyes are now on the psychological resistance level of ₹1.65 lakh per 10 grams. While short-term volatility is expected, the overall sentiment remains “Bullish.”
For investors looking for alternatives to physical gold, Sovereign Gold Bonds (SGBs) and Gold ETFs remain popular choices, as they track the market price without the overhead of making charges or storage risks.
Are you planning to buy gold today? Always verify the hallmarking on jewelry and check the GoodReturns live link for the most up-to-date minute-by-minute pricing.