Gold and silver prices rebounded sharply on Tuesday, driven by fresh buying after heavy profit-booking from record highs, with silver leading the recovery in futures trade.Gold witnessed steady buying on the Multi Commodity Exchange (MCX). The February gold contract rose by Rs 826, or 0.61%, to Rs 1,35,768 per 10 grams, with trading volumes of 15,953 lots.Silver staged a strong comeback, surging more than 4% after a steep fall a day earlier. Silver futures for March 2026 delivery jumped Rs 9,590, or 4.27%, to Rs 2,34,019 per kg, with a turnover of 11,915 lots.On Monday, silver had surged Rs 14,387, or 6%, to hit a record high of Rs 2,54,174 per kg. However, aggressive profit-booking dragged prices down by Rs 15,358, or 6.40%, to close at Rs 2,24,429 per kg.“Silver prices rose on Monday, stabilising after a steep drop in the previous session, as traders adjusted positions following aggressive profit-taking. The rebound came after a sharp retreat from record highs, with holiday-thinned liquidity amplifying recent price swings,” Jigar Trivedi, Senior Research Analyst at Reliance Securities said, PTI reported.In overseas markets, gold futures for February delivery traded higher at USD 4,380.70 per ounce on Comex, up USD 37.10, or 0.85%. Silver futures also rebounded on value buying. The March 2026 contract gained USD 3.44, nearly 5%, to USD 73.90 per ounce.
Gold prices today in major Indian cities:
Gold prices in Delhi
Gold prices in Delhi stand at Rs 13,635 per gram for 24K gold. The 22K variant is priced at Rs 12,500 per gram, while 18K gold costs Rs 10,208 per gram.
Gold prices in Hyderabad
In Hyderabad, 24K gold is trading at Rs 13,620 per gram. The 22K rate is Rs 12,485, while 18K gold is priced at Rs 10,193 per gram.
Gold prices in Mumbai
Gold prices in Mumbai are at Rs 13,620 per gram for 24K gold. The 22K variant costs Rs 12,485 per gram, and 18K gold is priced at Rs 10,193 per gram.
Gold prices in Chennai
Chennai continues to see higher gold rates, with 24K gold trading at Rs 13,746 per gram. The 22K gold rate is Rs 12,600, while 18K gold stands at Rs 10,505 per gram.
Gold prices in Kolkata
In Kolkata, 24K gold is priced at Rs 13,620 per gram. The 22K variant costs Rs 12,485, and 18K gold is selling at Rs 10,193 per gram.
Gold prices in Ahmedabad
Gold prices in Ahmedabad show 24K gold at Rs 13,625 per gram. The 22K gold rate is Rs 12,490, while 18K gold is priced at Rs 10,198 per gram.
