North India Statesman
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Lucknow/New Delhi. There is relief news for buyers in the Indian bullion market amid the wedding season. In major cities across the country including the capital Delhi. gold and silver prices A decline has been recorded for the second consecutive day. In the last 48 hours, the price of 24 carat gold per 10 grams increased by approximately ₹1320 There has been a huge reduction. At the same time, the shine of silver has also decreased and this will happen within two days. ₹7,100 per kg It has become cheaper till now.
Market experts believe that this phase of ‘consolidation’ in prices is going on due to global pressure and profit booking. Silver in Delhi on the morning of 17 February 2026 ₹2,67,900 per kg Opened at the price of.
Today’s gold rate (per 10 grams) in 10 big cities of the country
| City | 24 carat (₹) | 22 carat (₹) | 18 carat (₹) |
|---|---|---|---|
| Delhi | ₹1,56,580 | ₹1,43,540 | ₹1,17,470 |
| Mumbai | ₹1,56,430 | ₹1,43,390 | ₹1,17,320 |
| Kolkata | ₹1,56,430 | ₹1,43,390 | ₹1,17,320 |
| Chennai | ₹1,57,520 | ₹1,44,390 | ₹1,23,490 |
| Lucknow | ₹1,56,580 | ₹1,43,540 | ₹1,17,470 |
| Bengaluru | ₹1,56,430 | ₹1,43,390 | ₹1,17,320 |
| Hyderabad | ₹1,56,430 | ₹1,43,390 | ₹1,17,320 |
| Jaipur | ₹1,56,580 | ₹1,43,540 | ₹1,17,470 |
| Patna | ₹1,56,480 | ₹1,43,440 | ₹1,17,370 |
| Ahmedabad | ₹1,56,480 | ₹1,43,440 | ₹1,17,370 |
Why are prices falling? These are the 5 main reasons
According to market analysts, the following international and domestic factors are responsible for this fall in gold and silver prices:
Profit Booking: After reaching record high, investors are now withdrawing their profits, due to which selling pressure has increased.
Strong US Dollar: Due to the strengthening of the dollar index, gold becomes expensive in the international market, due to which demand decreases and prices fall.
China market closed: China’s markets are closed due to Lunar New Year. China is the world’s largest gold consumer, lack of demand from there has had an impact on global prices.
Waiting for FOMC meeting: Investors are keeping an eye on the upcoming US Federal Reserve meeting and economic data (such as PCE inflation). Uncertainty about changes in interest rates has made the bullion market sluggish.
Russia’s new policy: Reports that Russia may again turn to the US dollar for trade have dealt a blow to the drive for ‘de-dollarization’ and gold’s appeal as a safe haven.
Where did the shine of silver decrease the most?
Today, in Delhi as well as Mumbai and Kolkata, silver is stable at ₹ 2,67,900. interesting thing Chennai The lowest price of silver i.e. ₹2,64,900 It is being sold per kilogram. Experts believe that the technical decline in industrial demand and the turmoil in global equity markets have put pressure on the white metal.
