Gold Price Today, 17 February 2026: Gold prices in Delhi fell sharply by ₹131/g to ₹15,659. Get the latest MCX gold rate at ₹1.56 lakh/10g & city-wise 24K, 22K, 18K rates in Mumbai, Chennai, Kolkata & more for 17 February 2026.
Gold Price Today, 17 February 2026
Gold Price Today, 17 February 2026: Gold prices in Delhi witnessed a sharp downturn on Tuesday, reversing a significant portion of the gains accumulated over the past week. Amidst a stronger US dollar and a dearth of new bullish triggers, profit-booking began and sentiment shifted cautiously, putting increased selling pressure on the precious metal.
Pressure is being applied to both precious metals, indicating widespread weakness.
Selling pressure was evident across the financial capital.
The national capital saw uniform selling across all purities.
Prices aligned with other major metros, reflecting broad-based profit-booking.
Digital gold purchases paused as sentiment turned cautious.
Chennai's premium narrowed but remained intact amid the broader sell-off.
| City | 24K Today | 22K Today | 18K Today |
|---|---|---|---|
| Chennai | ₹15,789* | ₹14,480* | ₹12,398* |
| Mumbai | ₹15,659 | ₹14,355 | ₹11,748 |
| Delhi | ₹15,659 | ₹14,355 | ₹11,748 |
| Kolkata | ₹15,659 | ₹14,355 | ₹11,748 |
| Bengaluru | ₹15,659 | ₹14,355 | ₹11,748 |
| Hyderabad | ₹15,659 | ₹14,355 | ₹11,748 |
| Kerala | ₹15,659 | ₹14,355 | ₹11,748 |
| Pune | ₹15,659 | ₹14,355 | ₹11,748 |
| Ahmedabad | ₹15,664 | ₹14,360 | ₹11,753 |
*Chennai rates are estimated based on its historical premium pattern.
| Date | 24K Gold | 22K Gold |
|---|---|---|
| 17 Feb, 2026 | ₹15,659 | ₹14,355 |
| 16 Feb, 2026 | ₹15,790 | ₹14,475 |
| 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 |
| Term | 24K | 22K |
|---|---|---|
| 10 Days | ₹15,781.78 | ₹14,467.78 |
| 1 Month | ₹15,860.00 | ₹14,539.48 |
| 6 Months | ₹13,013.32 | ₹11,930.10 |
| 1 Year | ₹11,294.90 | ₹10,354.82 |
| Gold Rates | 22K | 24K |
|---|---|---|
| 1 February rate | ₹14,735 | ₹16,073 |
| 17 February rate | ₹14,355 | ₹15,659 |
| 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 | Falling | Falling |
| % Change from Feb 1 | -2.58% | -2.58% |
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 and Market Platforms: MMTC-PAMP (999.9 purity bars/coins), Zerodha, Groww, and Upstox (gold ETFs, mutual funds, sovereign gold bonds).
| Platform Type | Top Apps | Purity | Key Advantage |
|---|---|---|---|
| Payment Apps | Google Pay, PhonePe | 99.9% – 99.99% | Convenience; instant liquidity |
| Savings/Micro | Jar, OroPocket | 99.9% | Automated daily savings |
| Jewellers | Tanishq, CaratLane | 99.5% – 99.9% | Easy jewellery conversion |
| Investment | Zerodha, Groww | Market-linked | Transparent pricing; no storage fees |
The strong fall is mostly due to further profit-taking after gold's weekend rebound failed to persist over ₹15,800. A stronger US dollar, combined with hawkish comments from Federal Reserve officials, increased pressure, making dollar-denominated gold more expensive for international buyers. Furthermore, traders reduced positions due to a lack of new geopolitical catalysts, lowering demand for safe havens. When prices breached the ₹15,700 support level, stop-loss orders were triggered, accelerating the sell-off process.
The crucial test for gold is if it can maintain the key support near ₹15,500 per gram. A break below this level, which reflects the February low, might lead to additional decline towards ₹15,200. However, the correction appears to be profit-taking over a wider range rather than a trend reversal. The following US economic data and Federal Reserve commentary will be critical in determining the next directional move. Strong physical demand during the ongoing wedding season in India is likely to offer a foundation.
Sharp corrections within a broader consolidation range can provide opportunities for long-term investors to accumulate. Gold's primary purpose as an inflation hedge and portfolio diversifier remains unchanged. The new decline takes prices closer to the monthly low, providing an opportunity for those who missed the previous comeback. Systematic investment plans (SIPs) in gold ETFs or digital gold enable investors to average out costs during turbulent periods. Given the uncertain short-term trajectory, analysts recommend accumulating in tranches rather than in one large sum.
