Sharp Surge Gold Rate in India Today, Feb 14: Valentine's Day Buying Triggers Rally in 24K, 22K, 18K Gold

A sharp rebound in the gold rate in India today was seen after two consecutive sessions of decline. Yellow metal has fallen nearly 2.3 % the last two trading days. Gold rates today and silver price today have bounced back strongly, due to a recovery in the precious metals market and a buying surge on the account of Valentine's Day 2026.

The gold price in India mostly traded in the green zone this entire week after the major crash due to heavy profit booking.
Meanwhile, international gold prices surged by more than 2.5% before trading closed on Friday after weaker-than-expected US inflation data were released. The hopes for a rate cut from the Federal reserve is now stronger, which led to a spike in Gold rates.

Gold Rate in India Today

As of 14th February, the 24-carat gold rates in India spiked by Rs. 1970 per 10 grams to cost Rs.1,57,750. While the 22-carat gold price in India rallied by Rs.1800 per 10 grams, to cost Rs.1,44,600. In the 18-carat gold rates jumped by Rs. 1470 to retail at Rs.1,18,310 per 10 grams.

And just like that, 100 grams of 24-carat gold rate stands at Rs. 15,77,500 and the 22-carat gold rate is currently at Rs 14,46,000 per 100 grams of yellow metal.

Silver prices in India today

Silver rates in India today fell sharply, for the second day, despite the massive demand for silver jewellery during Valentines day. 1 kg of silver in India costs Rs. 2,75,000 after dropping by 5000. While 100 g of silver rates in India retail at Rs 27,500, which fell by Rs 500.

Where is Gold Headed Next? Key Levels and Market Outlook

"Gold and silver in 2026 are witnessing a volatile corrective phase after last year's sharp rally, though the broader multi-year bullish trend remains intact. MCX gold is consolidating around Rs. 1.55- Rs. 1.58 lakh per 10g, while silver has shown sharp two-way moves near Rs. 2.41 lakh/kg despite being below earlier peaks. Global prices remain significantly higher year-on-year, highlighting the strength of the prior bull run. Volatility is being driven by a stronger US dollar, shifting Fed rate-cut expectations, macro data surprises, and heavy profit-booking," said Gaurav Garg, Lemonn Markets Desk

MCX Gold Price and Silver Price

Both Gold & silver futures closed in green on the Multi-Commodity Exchange by the end of Friday's trading hours. Currently, gold futures prices due to mature on April 4th settled at Rs. 1,56,200 per 10 grams, up by 0.20%. Silver futures, with an expiration date of March 5th, also rose sharply by 3.62% and are now trading at Rs. 2,44,999 per kg.

City-Wise Gold Rates

Gold Price in Chennai + Gold Price in Hyderabad

The current 24-carat gold price in Chennai & Hyderabad is Rs. 1,62,560 per 10 grams, while the 22-carat gold price in Hyderabad & Chennai stands at Rs. 1,49,000 per 10 grams.

Gold Price in Bangalore+ Gold Price in Mumbai

In both Bangalore and Mumbai the 22-carat gold rate stands at Rs.1,44,600 per 10 grams, whereas the 24-carat gold is available at Rs.1,57,750 per 10 grams.

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