Gold prices witnessed a noticeable jump on February 15, 2026, with the yellow metal trading higher across major Indian cities including Delhi, Noida, Mumbai, Pune, Kolkata, Chennai, Bengaluru, and Patna. The upward movement reflects a mix of global market strength and domestic investor demand.

In the physical market, 24-carat gold prices rose significantly compared to the previous session, while 22-carat gold also recorded gains. Market experts noted that the rally was supported by firm international bullion prices and a softer US dollar, which typically makes gold more attractive for investors worldwide.

What Triggered the Rise?

The key drivers behind today’s increase include:

1.International Market Strength: Gold prices in global markets firmed up amid economic uncertainty and safe-haven buying.

2.MCX Futures Rally: Gold futures on the Multi Commodity Exchange (MCX) traded in positive territory, reflecting bullish sentiment among traders.

Inflation & Rate Speculation: Expectations around global interest rate decisions and inflation data influenced investor positioning in gold.

City-Wise Trend

Gold rates vary slightly from city to city due to local taxes, transportation costs, and demand levels. Metro cities such as Delhi and Mumbai generally reflect benchmark pricing, while rates in Chennai, Kolkata, and Bengaluru show minor differences.

Jewellers reported moderate buying interest, particularly from retail consumers tracking price momentum ahead of the upcoming wedding season.

What’s Next?

Analysts believe gold may remain volatile in the near term, depending on global economic signals and currency movements. If international prices continue to strengthen, domestic rates could climb further. However, any strengthening of the US dollar may limit gains.

Overall, February 15 marked a strong session for bullion markets, reinforcing gold’s role as a preferred safe-haven asset during uncertain times.