Gold and Silver Prices Today in India: Silver Drops ₹7,316 to ₹2.59 Lakh, Gold Falls ₹1,175 to ₹1,56,147 on Feb 12
Gold and silver prices today eased after touching record levels last month. According to the India Bullion and Jewellers Association (IBJA), silver saw a sharp drop of ₹7,316 per kilogram, bringing the price down to ₹2,59,133 per kg from ₹2,66,449 on Wednesday. At the same time, 24-carat gold slipped by ₹1,175 to ₹1,56,147 per 10 grams, down from ₹1,57,322.
This dip comes after both metals hit all-time highs on January 29, when gold touched ₹1,76,121 per 10 grams and silver reached ₹3,85,933 per kg. For buyers and investors tracking gold and silver prices today, this movement offers a moment to pause and assess the market.
Sharp Daily Decline After Recent Highs
In the bullion market, the fall in gold and silver prices today reflects a short-term correction. Silver, in particular, gave up a significant chunk of its recent gains in a single day. Gold also cooled off slightly, moving away from the ₹1.57 lakh mark.
These fluctuations are common in the precious metals market, especially after strong rallies. Many buyers watch gold and silver prices today closely because even small daily changes can impact wedding jewellery purchases or investment decisions.
Remarkable Gains in Just 43 Days
Despite today’s drop, the bigger picture remains impressive. Since the start of 2026, gold and silver prices today have climbed sharply in only 43 days. Gold has risen by ₹22,455 per 10 grams, while silver has gained ₹28,713 per kg compared to December 31, 2025 prices.
On the last day of 2025, 24-carat gold was at ₹1,33,195 per 10 grams. It now stands at ₹1,56,147. Silver moved from ₹2,30,420 per kg to ₹2,59,133 in the same period. This quick surge shows continued strong demand for precious metals in India.
Massive Rally Throughout 2025
The year 2025 was exceptional for precious metals. Gold prices jumped a massive ₹57,000 per 10 grams — a 75% increase. At the end of 2024, 24-carat gold cost just ₹76,162 per 10 grams. By December 31, 2025, it had reached ₹1,33,195.
Silver performed even better, rising ₹1.44 lakh per kg, or 167%. It went from ₹86,017 per kg at the end of 2024 to ₹2,30,420 by the close of 2025. These gains made gold and silver attractive options for investors worried about inflation and economic uncertainty.
Smart Buying Advice: Always Choose Certified Gold
Experts strongly recommend buying only BIS-hallmarked gold. Look for the Bureau of Indian Standards hallmark, which includes an alphanumeric code like AZ4524. This ensures you get the exact purity and caratage you pay for.
Here are quick tips for buyers:
- Always check the BIS hallmark and HUID number on gold jewellery.
- Compare gold and silver prices today across a few trusted jewellers.
- Avoid unbranded or uncertified pieces, even if they seem cheaper.
- Consider the making charges and GST before finalising any purchase.
With prices still high after last year’s huge rally, today’s dip in gold and silver prices may interest some buyers. However, market experts suggest staying updated as rates can change quickly.
City-Wise Gold and Silver Rates
While IBJA provides the benchmark rates, actual prices vary slightly across cities due to local taxes, making charges, and demand. For the latest city-wise gold and silver prices today in places like Mumbai, Delhi, Chennai, Kolkata, or Hyderabad, check with local bullion markets or reliable online sources.
In conclusion, gold and silver prices today show a minor correction after an extraordinary run in 2025 and early 2026. Whether you’re buying jewellery for a special occasion or investing for the long term, focus on quality and certified products. Keep an eye on daily updates as the precious metals market continues to remain dynamic. (Word count: 498)
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