Gold and Silver Prices Continue Upward Trend: Rates on February 12, 2026
Gold and silver prices in India have maintained their upward momentum this week, with notable increases seen on February 12, 2026. According to market data from India Bullions, silver prices surged by Rs 10,000 to reach Rs 2.63 lakh per kilogram, while gold prices rose by Rs 1,000, settling at Rs 1.59 lakh per 10 grams.
Domestic Market Rates
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Gold Prices (per gram):
- 24K Gold: Rs 15,975 (+Rs 82)
- 22K Gold: Rs 14,645 (+Rs 75)
- 18K Gold: Rs 11,985 (+Rs 61)
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Gold Prices in Major Cities (per 10 grams):
- Mumbai: Rs 1,58,640
- Kolkata: Rs 1,58,430
- Delhi: Rs 1,58,360
- Chennai: Rs 1,59,100
- Hyderabad: Rs 1,58,890
- Bengaluru: Rs 1,58,760
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Silver Prices (per kilogram):
- Mumbai: Rs 2,63,270
- Delhi: Rs 2,62,820
- Chennai: Rs 2,64,040
- Hyderabad: Rs 2,63,690
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Sterling Silver (Silver 925) was priced at Rs 2,89,000 per kg.
Futures Market Overview
On the Multi Commodity Exchange (MCX), the trend was slightly different as gold and silver futures experienced a small retreat early on February 12. April gold futures slipped by Rs 725, a decline of 0.46%, trading at Rs 1,57,980 per 10 grams. Similarly, silver futures for March fell by Rs 2,259 or 0.86%, standing at Rs 2,60,675 per kilogram as of 9:20 AM IST.
International Market Trends
Global precious metals prices reflected some volatility amid strong U.S. economic data. Gold prices abroad edged lower after robust U.S. jobs statistics diminished expectations of an imminent Federal Reserve interest rate cut. Spot gold declined by 0.4% to $1,965.56 an ounce, while silver decreased by 0.8% to $23.60 an ounce.
Factors Influencing Prices
The current rise in domestic gold and silver prices is influenced by several factors including global market trends, the strength of the U.S. dollar, and strong domestic demand. Notably, India’s festive season and upcoming weddings typically boost demand for precious metals, contributing to price increases.
What This Means for Investors and Buyers
For investors considering entry into precious metals, the recent upward movement indicates sustained interest and potential for further price appreciation. Buyers should also take note of the current rates and monitor both domestic and international market cues for the best purchase timing.
Stay updated with the latest commodity prices and market news to make informed decisions. For detailed, city-wise live rates and more financial news, keep following trusted news portals and commodity exchanges.
Reported by NDTV News Desk, February 12, 2026.