Gold prices in India have registered a strong weekly gain, driven by global uncertainty and rising demand for safe-haven assets. Over the past seven days, the price of 24-carat gold has increased by ₹1,530 per 10 grams, while 22-carat gold has gone up by ₹1,400.

As of February 22, 2026, gold is trading near record levels in major Indian cities. The upward trend comes amid firm international prices and heightened geopolitical tensions in global markets.

Latest Gold Rates in Major Cities (February 22, 2026)

• Delhi:

  • 24-carat gold: ₹159,430 per 10 grams

  • 22-carat gold: ₹146,150 per 10 grams

• Mumbai, Chennai, Kolkata, Hyderabad, Pune, Bengaluru:

  • 24-carat gold: ₹159,280 per 10 grams

  • 22-carat gold: ₹146,000 per 10 grams

• Ahmedabad, Bhopal:

  • 24-carat gold: ₹159,330 per 10 grams

  • 22-carat gold: ₹146,050 per 10 grams

• Jaipur, Lucknow, Chandigarh:

  • 24-carat gold: ₹159,430 per 10 grams

  • 22-carat gold: ₹146,150 per 10 grams

International Gold Prices Remain Firm

In the global market, spot gold is trading at $5,027.13 per ounce. Analysts say prices are being supported by rising geopolitical tensions, including renewed uncertainty surrounding international conflicts and strained diplomatic relations. These factors have boosted demand for gold as a safe investment option.

On Friday, gold prices in the Delhi bullion market jumped by ₹850, touching ₹159,500 per 10 grams, reflecting strong global cues and sustained domestic demand.

Silver Prices Remain Stable

Unlike gold, silver prices showed no weekly change.

• As of February 22 morning, silver is priced at ₹275,000 per kilogram in the domestic market.

• In the international market, spot silver is trading at $80.5 per ounce.

On Friday, silver closed at ₹264,000 per kilogram in the Delhi bullion market. Notably, silver had crossed the ₹4 lakh per kg mark earlier this year in January, highlighting its sharp volatility in recent months.

Market Outlook

Experts believe gold prices may remain volatile in the near term, closely tracking global developments and investor sentiment. With geopolitical risks still elevated, precious metals are likely to stay in focus for investors seeking stability.