Gold prices in India reached a fresh February high today, Thursday, February 26, 2026, as the yellow metal continues its aggressive multi-day rally. Driven by geopolitical uncertainty and safe-haven demand, 24K gold has now firmly crossed the ₹1.6 lakh per 10 grams mark, reflecting a significant uptrend for investors and jewelry buyers alike.
According to the latest data from GoodReturns, gold prices saw a marginal but steady increase of ₹10 per 10 grams today, marking the third consecutive day of gains this week.
Today’s Gold Prices in India (February 26)
The domestic market remains bullish, with prices across all purities—24K, 22K, and 18K—seeing an uptick.
24 Karat Gold Price (99.9% Purity)
| Unit | Today’s Price | Yesterday’s Price | Change |
| 1 Gram | ₹16,190 | ₹16,189 | 📈 +₹1 |
| 10 Grams | ₹1,61,900 | ₹1,61,890 | 📈 +₹10 |
| 100 Grams | ₹16,19,000 | ₹16,18,900 | 📈 +₹100 |
22 Karat Gold Price (Jewelry Gold)
| Unit | Today’s Price | Yesterday’s Price | Change |
| 1 Gram | ₹14,841 | ₹14,840 | 📈 +₹1 |
| 10 Grams | ₹1,48,410 | ₹1,48,400 | 📈 +₹10 |
| 100 Grams | ₹14,84,100 | ₹14,84,000 | 📈 +₹100 |
City-Wise Gold Rates (24K per 10g)
Prices vary across Indian cities due to local market demand, transportation costs, and state-specific taxes. Chennai remains the most expensive hub for gold today.
| City | 24K Gold Price (10g) | 22K Gold Price (10g) |
| Chennai | ₹1,62,890 | ₹1,49,310 |
| Mumbai | ₹1,61,900 | ₹1,48,410 |
| Delhi | ₹1,62,050 | ₹1,48,560 |
| Kolkata | ₹1,61,900 | ₹1,48,410 |
| Bangalore | ₹1,61,900 | ₹1,48,410 |
| Hyderabad | ₹1,61,900 | ₹1,48,410 |
Market Analysis: Why are Gold Prices Rising?
The current rally, which has seen gold prices jump by nearly ₹70,500 per 100 grams in just one week, is being fueled by a “perfect storm” of economic factors:
- Geopolitical Uncertainty: Ongoing tensions and “tariff panic” surrounding the US administration have driven global investors toward gold as the ultimate safe-haven asset.
- International Spot Prices: Spot gold is currently trading near $5,180 per ounce globally, recovering losses and maintaining a bullish stance ahead of critical US economic data.
- Currency Fluctuations: A stabilizing US dollar and fluctuations in the Indian Rupee have kept the landed cost of gold high in the domestic market.
- Strong Technical Support: Analysts note that gold has shown sustainable momentum since clearing the ₹15,500 resistance level earlier this month, attracting long-term buyers who missed the initial breakout.
Investor’s Outlook: Is It Time to Buy?
With prices at all-time highs for February, many retail buyers are asking if a correction is due. While short-term volatility is expected, the long-term outlook remains positive.
Expert Tip: If you are buying for investment, consider Gold ETFs or Sovereign Gold Bonds (SGBs) to save on making charges and GST. For jewelry buyers, it is advisable to buy in small quantities (SIP style) rather than waiting for a massive price crash that may not materialize soon.
Looking for more than just gold? You can also check the latest Silver Rates Today and Platinum Prices to diversify your portfolio.