Gold and Silver Price Today: Let’s See If Gold And Silver Is Still Affordable?
The gold market witnessed a slight decline on Thursday morning, but the situation quickly turned into an interesting storyline. The strength of the dollar weighed on bullion prices, pushing gold lower on the MCX as traders reacted to mixed signals from the latest Fed outlook. Futures softened, profit-booking emerged, and subdued global activity made gold appear temporarily less attractive.
But every Indian buyer knows there’s always a twist.
The shubh mahurat window for the wedding season is quietly approaching—and that’s when gold rarely stays down for long. As families begin festive jewellery purchases, domestic demand typically strengthens, often lifting local prices even when global cues remain weak.
In a way, gold seems to be catching its breath before the festive rush begins. This dip may be the market’s subtle opportunity for buyers, because once the shubh mahurat momentum builds, gold often shifts quickly from “discounted” to “highly demanded.”
Silver mirrored gold’s cautious tone on Thursday as global market signals and a strong dollar created price fluctuations on the MCX. Upward momentum slowed due to profit-booking and weak international demand. However, industrial and jewellery demand may revive with India’s upcoming wedding season, supporting sentiment. The slight price dip could offer investors a buying opportunity.
Gold and Silver Price On Mcx Amid India–US Trade Deal
Gold Prices hold on MCX:As of February 19, 2026, MCX gold futures for April traded near ₹1,56,019 per 10 grams, up about 0.17%. Prices opened at ₹1,55,544 and remained volatile after recent consolidation from February highs. Day high stood at ₹1,56,383 and day low at ₹1,52,501, while previous close was ₹1,55,761, reflecting cautious momentum.
Silver Futures Trumbles on MCX: As of February 19, 2026, silver futures on the MCX showed mixed movement across contracts. The March 2026 contract traded near ₹2,36,664 per kg, while May 2026 futures hovered around ₹2,50,080. The Silver Mini February contract stood near ₹2,43,231 per kg, as global market indicators and currency trend forecasts created price fluctuations.
18K, 22K, 24K Gold Rate in Major Cities
| City | 24K (Pure Gold) | 22K (Standard) | 18K (Jewellery) |
|---|---|---|---|
| Chennai | ₹1,55,230 | ₹1,42,290 | ₹1,16,420 |
| Delhi | ₹1,54,340 | ₹1,41,490 | ₹1,15,790 |
| Mumbai | ₹1,54,190 | ₹1,41,340 | ₹1,15,640 |
| Kolkata | ₹1,54,190 | ₹1,41,340 | ₹1,15,640 |
| Bangalore | ₹1,54,190 | ₹1,41,340 | ₹1,15,640 |
| Hyderabad | ₹1,54,190 | ₹1,41,340 | ₹1,15,640 |
| Kerala | ₹1,54,190 | ₹1,41,340 | ₹1,15,640 |
| Pune | ₹1,54,190 | ₹1,41,340 | ₹1,15,640 |
Silver Price In Major Cities
| City | Silver Price (per kg) |
|---|---|
| Mumbai | ₹2,54,900 |
| Delhi | ₹2,54,900 |
| Kolkata | ₹2,54,900 |
| Bangalore | ₹2,54,900 |
| Pune | ₹2,54,900 |
| Chennai | ₹2,59,900 |
| Hyderabad | ₹2,59,900 |
| Kerala | ₹2,59,900 |
Note: Prices indicated are for 999 purity silver and may exclude GST and making charges.
Gold Prices Around the World in INR: Where Is Buying Most Affordable?
Gold Prices in International Markets
| Country | Local Currency (10g) | INR Equivalent (10g) |
|---|---|---|
| Dubai, UAE | AED 6,005 | ₹1,48,425 |
| United States | USD 1,645 | ₹1,49,755 |
| Canada | CAD 2,242 | ₹1,49,255 |
| Ireland | EUR 1,360 | ₹1,46,215 |
| Pakistan | PKR 4,49,041 | ₹1,45,695 |
| Bangladesh | BDT 1,94,698 | ₹1,44,455 |
(With Inputs from good returns and mcx)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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