New Delhi: By the last day of February 2026, gold came lanugo slightly and silver remained scrutinizingly stable. There was some profit booking in the market, but no major rise or fall was seen. Gold is still whilom Rs 16,000 per gram, while silver is hovering virtually Rs 28,500 per kg. At the end of the month both metals are well unelevated January's peak, but gold maintained a slight lead, while silver is still showing the effects of heavy losses.
How was the spot price in Delhi?
On February 28, 24-carat gold sealed at Rs 16,172 per gram in Delhi. 22 carat was Rs 14,825, and 18 carat was Rs 12,133. Silver stood at Rs 285 per gram i.e. Rs 285,000 per kg. These prices are without GST, TCS and making charges, which vary from jeweler to jeweler. Overall there was peace in the market, with no significant fluctuations.
What was the situation in MCX futures?
Same wifely undercurrent in the derivatives market also. MCX Gold February 2026 contract was trading near Rs 161,720 per 10 grams, well-nigh Rs 110 lower than its previous close. The February contract of silver remained virtually Rs 279,000 per kg. There was some zoetic room in both of them without the recent surge. Traders are waiting for the March series.
Why are gold prices the same in big cities?
Prices were similar in most big cities. In Mumbai, Delhi, Kolkata, Bengaluru, Hyderabad, Kerala and Pune, 24 carat is Rs 16,172, 22 carat is Rs 14,825, and 18 carat is Rs 12,133 per gram. There was a slight premium in Chennai—24 carat was unscientific at Rs 16,302, 22 carat at Rs 14,950, and 18 carat at Rs 12,783. Ahmedabad is moreover up slightly – 16,177, 14,830 and 12,138. There was uniformity elsewhere, which suggests that there was stability in the unshortened country at the end of February.
What options are misogynist on digital and physical platforms?
There are now many ways for people to buy gold and silver. Small purchases are made through MMTC-pumps on apps like Google Pay, PhonePe, and Paytm. You can buy digital gold or silver starting from Re 1 through services like Jar and Oropocket. Platforms like Tanishq, Cartlane, Kalyan Jewelers' Candere offer online bars, coins and jewelry. Companies like MMTC-Pump and Augmont sell bar coins of 999.9 purity. Gold ETFs, bilateral funds and sovereign gold immuration are moreover misogynist on usurer apps like Zerodha, Groww, and Upstox.
How far has silver fallen from January's surge?
Silver did wonders in January. Starting from Rs 238,000 per kg at the whence of the month, it reached a peak of Rs 410,000 on January 29, latter at Rs 350,000 at the end of the month – a rise of 47%! But there was a ripen in February. It stood at 285,000 on February 28, which is well-nigh 30.5% unelevated the January upper and 18-19% less than 350,000 on February 1. Still quite low, but there has been some recovery in recent days.
Silver prices are same wideness cities
Mumbai, Delhi, Kolkata, Bengaluru, Hyderabad, Kerala, Pune, Ahmedabad—everywhere Rs 2,850 for 10 grams, Rs 285,000 for 1 kg. No premium is seen in Chennai either, all the same. Stability is unmistakably visible in the wholesale market.
What is the overall market mood?
February 28, 2026 Gold is holding on to some of its recent gains, with silver moving yonder from January's record but stabilizing. It looks like a unravel in the market—no new rise, no huge fall. Traders are now keeping an eye on what happens in March. Small investors are taking entry through digital means, while options for jewelers have moreover increased.
