Gold rates in India recorded its biggest single-day decline after seven days. Gold prices have been broadly volatile this month, with steep corrections here and there. In cities like Hyderabad, gold prices fell hard. 10 grams gold dropped by Rs 2,620 and 100 grams nosedived by Rs 26,200 in this city on February 13.
Gold Rates In India:

Gold rates in India vary from city to city. 10 grams gold prices in majority of cities is above Rs 1.55 lakh mark including in Hyderabad. The only cities where gold is expensive than this level is Chennai, Delhi, Ahmedabad and Vadodara.
For instance, 10 grams gold price of 24 carat is at Rs 1,57,090 in Chennai, while the same gold is available at Rs 1,55,830 in cities like Ahmedabad and Vadodara. While gold price stood at Rs 1,55,930 per 10 grams in Delhi. In rest of the cities, benchmark gold is at Rs 1,55,780.
Gold Rates In Top Cities (Per 1 Gram)
| City | 24K Today | 22K Today | 18K Today |
|---|---|---|---|
| Chennai | ₹15,709 | ₹14,400 | ₹12,400 |
| Mumbai | ₹15,578 | ₹14,280 | ₹11,684 |
| Delhi | ₹15,593 | ₹14,295 | ₹11,699 |
| Kolkata | ₹15,578 | ₹14,280 | ₹11,684 |
| Bangalore | ₹15,578 | ₹14,280 | ₹11,684 |
| Hyderabad | ₹15,578 | ₹14,280 | ₹11,684 |
| Kerala | ₹15,578 | ₹14,280 | ₹11,684 |
| Pune | ₹15,578 | ₹14,280 | ₹11,684 |
| Vadodara | ₹15,583 | ₹14,285 | ₹11,689 |
| Ahmedabad | ₹15,583 | ₹14,285 | ₹11,689 |
Gold Rates In Hyderabad:
24 carat gold price stood at Rs 1,55,780 per 10 grams, down by Rs 2,620. Meanwhile, 100 grams gold price stood at Rs 15,57,800, nosediving by Rs 26,200. Furthermore, 8 grams and 1 gram gold price in the same carat is at Rs 1,24,624 and Rs 15,578 which is down by Rs 2,096 or Rs 262 respectively from the previous day.
Furthermore, 22 carat gold is available at Rs 1,42,800 per 10 grams which is a Rs 2,400 drop from the previous day. Here, 100 grams gold plunged by Rs 24,000 to Rs 14,28,000 and 8 grams gold stood at Rs 1,14,240 which fell by Rs 1,920. The cheapest gold is of 1 gram which is down by Rs 240 to Rs 14,280.
Under 18 carat, 10 grams gold tumbled by Rs 1,960 to Rs 1,16,840, while 100 grams gold plummeted by Rs 19,600 to Rs 11,68,400. Also, 8 grams gold slipped by Rs 1,568 to Rs 93,472 and 1 gram shed Rs 196 to Rs 11,684.
Investors will await the US CPI inflation data on Friday. Meanwhile, India's inflation rate rose sharply to 2.75% in January 2026, higher than market expectations of 2.4%. This also marks India's CPI above 2% tolerance limit of RBI for the first time since August 2025.
Gold rates have corrected significantly from their all-time high levels. For instance in Hyderabad, gold rate touched its new record high of Rs 1,78,850 per 10 grams on January 29. Since then, bullion is down.
But the latest decline is highest single-day fall after seven days. In the past ten days, the biggest single-day fall in gold was seen on February 5 where 24 carat gold dropped by Rs 5,020 in 10 grams and down by Rs 50,200 in 100 grams.
| Gold Rate in Hyderabad for Last 10 Days (1 Gram) | ||
|---|---|---|
| Date | 24K Gold | 22K Gold |
| Feb 13, 2026 | ₹15,578 (-262) | ₹14,280 (-240) |
| Feb 12, 2026 | ₹15,840 (-120) | ₹14,520 (-110) |
| Feb 11, 2026 | ₹15,960 (+82) | ₹14,630 (+75) |
| Feb 10, 2026 | ₹15,878 (+87) | ₹14,555 (+80) |
| Feb 09, 2026 | ₹15,791 (+131) | ₹14,475 (+120) |
| Feb 08, 2026 | ₹15,660 (0) | ₹14,355 (0) |
| Feb 07, 2026 | ₹15,660 (+289) | ₹14,355 (+265) |
| Feb 06, 2026 | ₹15,371 (-71) | ₹14,090 (-65) |
| Feb 05, 2026 | ₹15,442 (-502) | ₹14,155 (-460) |
| Feb 04, 2026 | ₹15,944 (+551) | ₹14,615 (+505) |
Gold Rates Prediction:
As per Sourav Choudhary, MD, Raghunath Capital, Gold continues to remain one of the most closely watched asset classes in the global financial markets. Over the past year, prices have demonstrated remarkable resilience despite volatility in interest rates, currency markets, and geopolitical developments.
Explaining further, the expert said that globally, central banks have been consistent net buyers of gold, adding significant quantities to their reserves as part of a broader diversification strategy. Persistent geopolitical tensions, elevated sovereign debt levels across major economies, and structural inflationary pressures have strengthened gold's appeal as a defensive asset.
Against this backdrop, the broader trend in gold remains constructive, supported by macroeconomic uncertainty and long-term currency concerns.
In his opinion, the bullish case for gold appears even stronger when viewed through the lens of structural shifts in global trade and currency dynamics.
Furthermore, Choudhary added that there there is a high probability that gold prices could move significantly higher as the dominance of the US dollar in global trade gradually declines. A growing number of nations have started reducing their reliance on the dollar for bilateral trade, increasingly settling transactions in local currencies. The global financial system seems to be transitioning toward a multi-currency framework.
Additionally, Choudhary said, "In my assessment, gold has the potential to move toward the $10,000 mark over the next two years - nearly doubling from current levels. While such projections may appear ambitious, structural changes in global trade settlement systems, continued central bank accumulation, geopolitical fragmentation, and long-term currency debasement support this outlook."
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
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