As of February 28, 2026, local demand, shifting exchange rates, and worldwide trends continue to have an impact on gold and silver prices in India.
Indian culture and the economy continue to heavily rely on precious metals like gold and silver, especially for financial purposes and during festivals and weddings. The current prices of gold and silver are broken down here.
Gold Prices on February 28, 2026
Due to inflationary pressures and worldwide demand, gold prices in India have somewhat increased as of right now. 24K gold, also known as 999 pure gold, costs Rs 16,158 per gramme, whereas 22K gold, which is frequently used in jewellery and has 91.67% pure gold, costs Rs 14,811 per gramme.
The price of gold internationally, the value of the US dollar, and the demand for jewelry at home, especially before the holidays, all have an impact on gold prices in India. These variables frequently result in price variations for Indian consumers.
Gold prices in Delhi
The current price of 24K gold in Delhi is Rs 16,171 per gram
The current price of 22K gold in Delhi is Rs 14,824 per gram
Gold prices in Mumbai
The current price of 24K gold in Mumbai is Rs 16,158 per gram
The current price of 22K gold in Mumbai is Rs 14,811 per gram
Gold prices in Kolkata
The current price of 24K gold in Kolkata is Rs 16,158 per gram
The current price of 22K gold in Kolkata is Rs 14,811 per gram
Gold prices in Chennai
The current price of 24K gold in Chennai is Rs 16,254 per gram
The current price of 22K gold in Chennai is Rs 14,899 per gram
Silver Prices on February 28, 2026:
As of right now, the price of silver in India is around Rs 2,84,900 per kilogram, while the price of silver 925, or silver sterling, is Rs 2,84,000 per kilogram. Despite being less costly than gold overall, silver is also a popular metal for jewellery making and investing, particularly in areas where silver decorations are more prevalent than gold.
Similar to gold, silver prices are impacted by international markets, with industrial demand being a major factor in price swings.
Silver price in Delhi today
The current price of Silver 999 in Delhi is Rs 2849 per 10 grams.
Silver price in Mumbai today
The current price of Silver 999 in Mumbai is Rs 2849 per 10 grams.
Silver price in Kolkata today
The current price of Silver 999 in Kolkata is Rs 2849 per 10 grams.
Silver price in Chennai today
The current price of Silver 999 in Chennai is Rs 2849 per 10 grams
In addition to gold products, jewelry businesses expanded their sales channels into actual silver.
Silver coins, bars, and cutlery were offered online by Tanishq, CaratLane, and Kalyan Jewellers’ Candere portal. Physical bullion suppliers including MMTC-PAMP, Augmont, and Motilal Oswal targeted buyers who valued fineness and hallmarking by concentrating on 999.9 purity bars and coins.
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Overall, on February 28, 2026, silver was consolidating following sharp fluctuations, while gold was retaining gains. Silver stayed considerably below January records, while Delhi gold ended the month somewhat below previous highs but above early lows.
When taken as a whole, the data suggested that the market was taking a break rather than indicating new directional momentum.
