Gold Price Today, 16 February 2026: Gold prices in Delhi hold steady at ₹15,789/g. Get latest MCX Gold rate (Apr futures) at ₹1,57,890/10g. Check 24K, 22K, 18K city-wise rates in Mumbai, Chennai, Kolkata & more. Top online platforms to buy gold in India 2026.
Gold Price Today, 16 February 2026
Gold Price Today, 16 February 2026: Gold prices in Delhi traded marginally lower on Monday, pausing for breath after the sharp recovery witnessed over the weekend. The precious metal entered a quiet consolidation phase as investors assessed the recent price action and awaited fresh global cues for directional momentum.
Steady demand from the jewellery sector provides underlying support.
The national capital's rates reflect stable local offtake and balanced market sentiment.
Prices aligned with other major metros, showing uniform consolidation.
Digital gold purchases remain steady alongside physical buying.
Chennai maintains its traditional premium of 0.8-1.2% over other metros, driven by strong cultural demand.
| City | 24K Today | 22K Today | 18K Today |
|---|---|---|---|
| Chennai | ₹15,919* | ₹14,599* | ₹12,495* |
| Mumbai | ₹15,789 | ₹14,474 | ₹11,845 |
| Delhi | ₹15,789 | ₹14,474 | ₹11,845 |
| Kolkata | ₹15,789 | ₹14,474 | ₹11,845 |
| Bengaluru | ₹15,789 | ₹14,474 | ₹11,845 |
| Hyderabad | ₹15,789 | ₹14,474 | ₹11,845 |
| Kerala | ₹15,789 | ₹14,474 | ₹11,845 |
| Pune | ₹15,789 | ₹14,474 | ₹11,845 |
| Ahmedabad | ₹15,794 | ₹14,479 | ₹11,850 |
*Chennai rates are estimated based on its historical premium pattern.
| Date | 24K Gold | 22K Gold |
|---|---|---|
| 16 Feb, 2026 | ₹15,789 | ₹14,474 |
| 15 Feb, 2026 | ₹15,790 | ₹14,475 |
| 14 Feb, 2026 | ₹15,790 | ₹14,475 |
| 13 Feb, 2026 | ₹15,593 | ₹14,295 |
| 12 Feb, 2026 | ₹15,855 | ₹14,535 |
| 11 Feb, 2026 | ₹15,975 | ₹14,645 |
| 10 Feb, 2026 | ₹15,893 | ₹14,570 |
| 09 Feb, 2026 | ₹15,806 | ₹14,490 |
| 08 Feb, 2026 | ₹15,675 | ₹14,370 |
| 07 Feb, 2026 | ₹15,675 | ₹14,370 |
| Term | 24K | 22K |
|---|---|---|
| 10 Days | ₹15,784.10 | ₹14,469.90 |
| 1 Month | ₹15,815.43 | ₹14,498.63 |
| 6 Months | ₹12,997.81 | ₹11,915.84 |
| 1 Year | ₹11,288.08 | ₹10,348.58 |
| Gold Rates | 22K | 24K |
|---|---|---|
| 1 February rate | ₹14,735 | ₹16,073 |
| 16 February rate | ₹14,474 | ₹15,789 |
| Highest rate in February | ₹14,735 on Feb 1 | ₹16,073 on Feb 1 |
| Lowest rate in February | ₹14,055 on Feb 2 | ₹15,332 on Feb 2 |
| Overall performance | Consolidating | Consolidating |
| % Change from Feb 1 | -1.77% | -1.77% |
Digital Gold & Savings Apps: Google Pay, PhonePe, Paytm (MMTC-PAMP partners), Jar (micro-savings), OroPocket (₹1 entry, Bitcoin rewards).
Jewellery Brand Platforms: Tanishq DigiGold (SafeGold, 350+ stores), CaratLane (jewellery-ready gold), Kalyan Jewellers Candere (bars/coins, doorstep delivery).
Physical Bullion & Market Platforms: MMTC-PAMP (999.9 purity bars/coins), Zerodha, Groww, Upstox (Gold ETFs, Gold Mutual Funds, Sovereign Gold Bonds).
The current consolidation follows a period of heightened volatility that saw gold swing over ₹450 per gram within a week. The market is taking a breather as investors digest the sharp recovery from the February 2 low of ₹15,332 to last week's high of ₹15,975. The pause is viewed as healthy, allowing the metal to build a stronger base for its next directional move. Traders are also awaiting fresh catalysts, including US economic data and Federal Reserve commentary.
Gold has established a trading range between ₹15,600 and ₹15,900 over the past two weeks. A decisive break above ₹15,900 could trigger a test of the February high of ₹16,073, while a drop below ₹15,600 might lead to a retest of the monthly low. The upcoming US inflation data and any shift in rate cut expectations will likely be the key catalysts. Technical indicators suggest a neutral stance, with neither bulls nor bears in clear control.
For long-term investors, the current consolidation phase offers a stable entry point within a broad range. Gold's fundamental role as a portfolio diversifier and inflation hedge remains intact. The ongoing wedding season in India continues to provide robust physical demand, underpinning prices. Systematic investment plans (SIPs) in gold ETFs or digital gold allow investors to accumulate gradually during such phases, averaging out costs over time.
