Gold has always held a special place in the Indian household—not just as a symbol of prosperity and tradition, but as a reliable financial safety net. Whether you are planning a wedding or looking to diversify your investment portfolio, staying updated with the latest gold rates is crucial.
In this article, we break down the current gold prices in India, the factors that influence them, and why they fluctuate across different cities.
Today’s Gold Rate in India (February 10, 2026)
Based on the latest data from GoodReturns, gold prices have shown a slight recovery after recent volatility. Here is the snapshot of the average gold prices across India today:
| Purity | Price per Gram | Price per 10 Grams | Change from Yesterday |
| 24K (99.9% Pure) | ₹15,792 | ₹1,57,920 | +₹10 ▲ |
| 22K (91.6% Pure) | ₹14,476 | ₹1,44,760 | +₹10 ▲ |
| 18K (75% Pure) | ₹11,845 | ₹1,18,450 | +₹10 ▲ |
City-wise Gold Rates: Why Do Prices Differ?
You may notice that the gold rate in Mumbai might differ from the rate in Chennai or Delhi. These variations occur due to several local factors:
- Transportation Costs: Moving physical gold from major hubs to different cities adds to the final price.
- State Taxes & Octroi: Different states have varying tax structures and local levies.
- Local Jewelry Associations: City-specific associations often determine the daily selling rate based on local demand and supply.
Today’s Gold Prices in Major Cities (Per 10g of 24K Gold)
- Chennai: ₹1,59,830
- Delhi: ₹1,58,070
- Mumbai: ₹1,57,920
- Bangalore: ₹1,57,920
- Hyderabad: ₹1,53,830
Key Factors Influencing Gold Prices in India
Understanding why gold prices rise or fall can help you time your purchase effectively. The primary drivers include:
- International Market Trends: Gold is a globally traded commodity. If international prices rise due to global demand or geopolitical tensions, domestic prices in India follow suit.
- US Dollar Strength: Gold is priced in USD internationally. When the US Dollar weakens, gold becomes cheaper for other countries to buy, increasing demand and driving prices up.
- Import Duties: Since India imports a vast majority of its gold, any change in government import duty or GST directly impacts the price you pay at the jewelry store.
- Interest Rates: When central banks (like the RBI or the US Federal Reserve) increase interest rates, investors often shift from gold to interest-bearing assets, causing gold prices to dip.
- Festive & Wedding Season: India’s cultural demand peaks during Akshaya Tritiya, Diwali, and the winter wedding season. This surge in demand often leads to a temporary hike in local rates.
Investment Outlook: Should You Buy Now?
Gold has proven to be an excellent hedge against inflation. While the market has seen a “falling” trend over the start of February, analysts suggest that the long-term outlook remains bullish due to global economic uncertainties.
For those who don’t want to store physical gold, modern investment options like Gold ETFs and Digital Gold offer a convenient way to benefit from price appreciation without the worries of storage and purity.
Expert Tip: Always check the Hallmark (BIS logo) when buying physical jewelry to ensure you are getting the purity you are paying for.