Gold Rates Today Rally: Gold Crosses Rs 1.58 Lakh In Chennai, Gold Up In Hyderabad Too; 24K, 22K, 18K Gold

Gold rates in India rallied sharply on February 19 despite two-sided stances in US Federal Reserves' minutes where possibility of a rate hike in 2026 is not ruled out. Gold rates broadly followed the cautious but steady tone in international gold prices. Also, dollar is under pressure which further supported the prices of precious metals.

Gold Rates In India:

"Gold is steady with a mild downward bias as markets stabilise after the recent sharp correction. The precious metal seems to be finding its support levels as buyers start trickling in at lower prices," said Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA).

Gold rates reclaimed above Rs 1.56 lakh mark and stood at Rs 1,56,490 per 10 grams in 24 carat which is 100% pure gold. This level is seen in cities like Mumbai, Bengaluru, Hyderabad, Kerala, Kolkata and Pune. But gold is expensive in cities like Delhi, Ahmedabad and Vadodara. However, gold saw its biggest jump in Chennai by Rs 2,940 in 10 grams and up by Rs 29,400 in 100 grams of 24 carat. In Chennai, gold has crossed Rs 1.58 lakh mark.

Check Gold Rates In To Cities

These are gold rates in 1 gram city-wise:

City24K Today22K Today18K Today
Chennai₹15,818₹14,500₹12,400
Mumbai₹15,649₹14,345₹11,737
Delhi₹15,664₹14,360₹11,752
Kolkata₹15,649₹14,345₹11,737
Bangalore₹15,649₹14,345₹11,737
Hyderabad₹15,649₹14,345₹11,737
Kerala₹15,649₹14,345₹11,737
Pune₹15,649₹14,345₹11,737
Vadodara₹15,654₹14,350₹11,742
Ahmedabad₹15,654₹14,350₹11,742

Gold Rates In Chennai vs Gold Rates In Hyderabad:

Gold Rates In Chennai:

10 grams gold price surged by Rs 2,940 in 24 carat to Rs 1,58,180, while the price was higher by Rs 2,700 to Rs 1,45,000 in 22 carat and rose by Rs 2,200 in 18 carat to Rs 1,24,000.

Further, 100 grams gold rate climbed by Rs 29,400 to Rs 15,81,800 in 24 carat, jumped by Rs 27,000 to Rs 14,50,000 in 22 carat and surged by Rs 22,000 to Rs 12,40,000 in 18 carat.

Meanwhile, 8 grams gold price in this city registered an upside of Rs 2,352 to Rs 1,26,544 in 24 carat, rose by Rs 2,160 to Rs 1,16,000 in 22 carat and advanced by Rs 1,760 to Rs 99,200 in 18 carat. 8 grams gold is just Rs 800 away from hitting Rs 1 lakh mark in 18 carat.

The price of gold is at Rs 15,818 per gram for 24 karat gold, at Rs 14,500 per gram for 22 karat gold and at Rs 12,400 per gram for 18 karat gold (also called 999 gold).

Gold Rates In Hyderabad:

In this city, 24 carat gold witnessed a surge of Rs 2,290 in 10 grams to Rs 1,56,490, and climbed by Rs 22,900 to Rs 15,64,900 per 100 grams. In case of 8 grams, the price rose by Rs 1,832 to Rs 1,25,192, and in 1 gram, gold is up by Rs 229 to Rs 15,649.

Further, in case of 22 carat, 10 grams gold zoomed by Rs 2,100 to Rs 1,43,450, while 100 grams gold jumped by Rs 21,000 to Rs 14,34,500 and 8 grams gold is up by Rs 1,680 to Rs 1,14,760. The cheapest gold is of 1 gram which is at Rs 14,345, up by Rs 210.

Lastly, the 18 carat gold price stood at Rs 1,17,370 per 10 grams, which saw an upside of Rs 1,720. Further, 100 grams gold climbed by Rs 17,200 to Rs 11,73,700, and 8 grams gold is up by Rs 1,376 to Rs 93,896. Also, 1 gram gold is up by Rs 172 to Rs 11,737.

Gold Prices Prediction:

Although markets remain cautious in the short term, Kamboj said, "the underlying safe-haven demand continues to support gold, which may indicate a possible consolidation phase before making another attempt at a directional move."

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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