Gold Prices in India Show Stability Amid Retail Adjustments on February 16, 2026
On Monday, February 16, 2026, the Indian gold market stayed steady. Global shifts and local moves helped hold the prices near the same level. Morning rates set a solid base, and many jewelry shops set their rates close to these numbers.
Benchmark Gold Prices by IBJA
The India Bullion and Jewellers Association gave rates that work as a guide for the market. Here are the rates:
- Fine Gold (24K/999): ₹15,652 per gram
- 22 Carat Gold: ₹14,348 per gram
- 20 Carat Gold: ₹13,043 per gram
- 18 Carat Gold: ₹11,739 per gram
- 14 Carat Gold: ₹9,130 per gram
These costs do not include government fees like GST or extra charges from jewelers.
Retail Jewelry Prices Across Major Brands
Retail gold jewelry costs more than bullion because of work, waste, extra fees, and taxes. Some jewelers set their 22K gold prices as follows:
- Tanishq: ₹14,500 per gram
- Malabar Gold & Diamonds: ₹14,460 per gram
- Joyalukkas: ₹15,490 per gram
- Kalyan Jewellers: ₹14,460 per gram
Prices can change by city, design, current offers, or shop rules. Buyers should check final costs, including GST and extra fees, before purchase.
Influences on Gold Price Changes
• The global trade price of gold (in US dollars) helps shape local prices. Fast changes in world rates push similar moves in India.
• The value of the Rupee compared with the US Dollar matters. A weak rupee may push up costs, while a strong rupee may pull them down.
• India brings in most of its gold. Changes in import fees or rules cause immediate shifts in prices.
• Local celebrations and wedding times bring more buyers, which can shift prices in some regions.
Gold Holds Its Value
Many buyers choose gold for savings and wealth storage. It is common for gifts and ceremonial events. Gold carries meaning in many parts of India.
Advice for Buyers
• Check that the gold has proper certification from BIS.
• Compare extra fee details at different shops.
• Look for a final invoice that lists GST and all extra fees.
• Watch price changes for a few days before spending a lot.
• Think about buying gold coins or bars if you want an investment.
Looking Ahead
Gold prices now mirror world cues and local spending. Clear rates and shop prices help buyers make smart choices in India’s gold market.
Note: The above details follow the latest update on February 16, 2026. Prices may change by area and shop. Buyers should check current rates with local stores before buying.
