Gold rate down today: Check major cities gold price on February 19, 2026

Gold rate down today: As of February 19, 2026, gold prices across major Indian cities are showing a steady trend following a period of volatility.

While there have been minor fluctuations in the early morning sessions, the rates have stabilized around the Rs 1.54 lakh to Rs 1.56 lakh mark for 24-carat gold 10 gram.

While earlier in the morning we saw a slight dip, the afternoon session on February 19, 2026, is showing a sharp uptick. The prices you’ve noted for 24k and 22k gold are consistent with the higher retail asking prices across major Indian metros like Chennai and Delhi, where local demand remains strong.

Today Gold Rate (February 19, 2026):

24-Carat Gold (10g): Rs 1,56,490

22-Carat Gold (10g): Rs 1,43,450

Silver (1kg): Rs 1,88,900 (Spot Market)

Why the “Nominal Drop” in Silver?

Here is reason for A significant gap between the Spot Silver price (Rs 1,88,900) and the MCX Silver Futures (currently trading much higher near Rs 2.45 lakh)

Futures vs. Spot: The MCX (Futures) market is currently seeing a “recovery rally” due to the removal of additional trading margins today.

However, in the physical spot market, the lack of immediate bulk buyers (partly due to the Lunar New Year lull in Asia) has kept prices more grounded, leading to that “nominal drop” you observed.

GST & Making Charges: As you correctly noted, these prices are the base rates. Once you add 3% GST and making charges (which can range from 5% to 15% for jewelry), the final “out-of-pocket” cost for a consumer is significantly higher.

Global Wait-and-Watch: Investors are currently holding their breath for the US PCE (Inflation) data and jobless claims coming out later today, which will dictate if gold and silver continue this afternoon’s climb or retreat back to morning levels.

Below is the city-wise breakdown for 10 grams of gold: (Gold Rates Today (Feb 19, 2026), City, 24-Carat (10g), 22-Carat (10g), 18-Carat (10g))

Chennai – Rs 1,55,230 – Rs 1,42,290 – Rs 1,21,790

Delhi – Rs 1,54,340 – Rs 1,41,490 – Rs 1,15,790

Mumbai – Rs 1,54,190 – Rs 1,41,340 – Rs 1,15,640

Kolkata – Rs 1,54,190 – Rs 1,41,340 – Rs 1,15,640

Bengaluru – Rs 1,54,190 – Rs 1,41,340 – Rs 1,15,640

Hyderabad – Rs 1,54,190 – Rs 1,41,340 – Rs 1,15,640

Patna – Rs 1,54,240 – Rs 1,41,390 – Rs 1,15,690.

Also Read: Gold price hike Rs 6000 from last 48 hours