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Gold and silver prices in India rose on February 12, with 24K gold at Rs 1,59,610 per 10 grams in Mumbai and silver at Rs 2,89,900 per kg, amid global market fluctuations.
Gold and silver prices, February 12.
Gold and Silver Rates Today, February 12: Gold and silver prices in India jumped on February 12 on higher demand. On the MCX, the price of gold fell 0.53% to trade at Rs 1,57,907 per 10 grams in the early trade on Thursday, while silver declined 0.80% to Rs 2,60,902 per kg.
In the spot market, in Mumbai, the price of 24-carat gold rose to Rs 1,59,610 per 10 grams, while 22k gold was available at Rs 1,46,310 per 10 grams. These rates do not include GST and making charges. Silver also rose to around Rs 2,89,900 per kg in the spot market.
Last month, gold touched its all-time high of over Rs 1,80,000, while silver prices hit a record Rs 4,20,000.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On February 12?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,46,460 | Rs 1,59,760 |
| Jaipur | Rs 1,46,460 | Rs 1,59,760 |
| Ahmedabad | Rs 1,46,360 | Rs 1,59,660 |
| Pune | Rs 1,46,310 | Rs 1,59,610 |
| Mumbai | Rs 1,46,310 | Rs 1,59,610 |
| Hyderabad | Rs 1,46,310 | Rs 1,59,610 |
| Chennai | Rs 1,46,310 | Rs 1,59,610 |
| Bengaluru | Rs 1,46,310 | Rs 1,59,610 |
| Kolkata | Rs 1,46,310 | Rs 1,59,610 |
In the international market, gold prices dipped on Thursday, as the US dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues.
Spot gold edged 0.3% lower to $5,065.98 per ounce by 0318 GMT. It closed Wednesday with a more than 1% gain. US gold futures for April delivery lost 0.2% to $5,087.30 per ounce.
“The stronger jobs report leading to a slight pare back in Fed rate-cut expectations may have played a role in gold’s lacklustre move,” said Christopher Wong, a strategist at OCBC, according to Reuters.
The US dollar index rose following the surprisingly strong employment report that suggested underlying US economic health. A stronger dollar makes greenback-priced metals more expensive for other currency holders.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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February 12, 2026, 09:40 IST
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