Gold Extends Rally to ₹16,178 on February 24: Latest 24K, 22K and 18K Rates Across Major Cities
Last Updated: 24th February 2026 - 10:47 am
Gold prices in India extended their rebound to ₹16,178 per gram on February 24, after surging to ₹16,135 on February 23, marking a strong late-month recovery.
Earlier, prices had rebounded to ₹15,649 on February 19 after falling to ₹15,420 on February 17–18, and briefly eased to ₹15,617 on February 20. Before that, gold had recovered to ₹15,644 on February 16 following a volatile phase in early February, when the 24K rate slid to around ₹15,578 by February 13 after fluctuating near ₹15,800 at the start of the month.
Gold Prices Today in India February 24, 2026
As of 10:40 AM on February 24, gold rate today across major Indian cities declines compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:
- Gold Price Today in Mumbai: 24K at ₹16,178, 22K at ₹14,830, 18K at ₹12,134.
- Gold Price Today in Chennai: 24K at ₹16,244, 22K at ₹14,890, 18K at ₹12,730.
- Gold Price Today in Bangalore:24K at ₹16,178, 22K at ₹14,830, 18K at ₹12,134.
- Gold Price Today in Hyderabad: 24K at ₹16,178, 22K at ₹14,830, 18K at ₹12,134.
- Gold Price Today in Kerala: 24K at ₹16,178, 22K at ₹14,830, 18K at ₹12,134.
- Gold Price Today in Delhi: 24K at ₹16,193, 22K at ₹14,845, 18K at ₹12,149.
Recent Gold Price Movements in India
Here’s a snapshot of how gold prices have moved over the past few days:
- February 24th: 24K at ₹16,178, 22K at ₹14,830, 18K at ₹12,134.
- February 23rd: 24K at ₹16,135, 22K at ₹14,790, 18K at ₹12,101.
- February 20th: 24K at ₹15,617, 22K at ₹14,315, 18K at ₹11,713.
- February 19th: 24K at ₹15,649, 22K at ₹14,345, 18K at ₹11,737.
- February 18th: 24K at ₹15,420, 22K at ₹14,135, 18K at ₹11,565.
Gold prices in India remain volatile but are extending their rebound after last week’s brief dip. On February 24, 24K gold rose to ₹16,178, up from ₹16,135 on February 23. Similarly, 22K climbed to ₹14,830 from ₹14,790, while 18K increased to ₹12,134 from ₹12,101. The uptrend follows a mid-week pullback, with 24K moving from ₹15,420 on February 18 to ₹15,649 on February 19, easing to ₹15,617 on February 20, and then rallying sharply through February 23–24. The 22K and 18K rates mirrored this pattern, signalling renewed buying momentum after the brief softness.
Gold Market Outlook
Gold prices in India remain volatile but have extended their rebound into February 24. The 24K rate climbed from ₹15,420 on February 18 to ₹15,649 on February 19, eased to ₹15,617 on February 20, then surged to ₹16,135 on February 23 and further to ₹16,178 on February 24.
Similarly, 22K gold moved from ₹14,135 on February 18 to ₹14,345 on February 19, dipped to ₹14,315 on February 20, and rallied to ₹14,790 on February 23 before rising again to ₹14,830 on February 24.
The 18K rate mirrored this trend - advancing from ₹11,565 on February 18 to ₹11,737 on February 19, softening to ₹11,713 on February 20, and then jumping to ₹12,101 on February 23 and ₹12,134 on February 24. The steady upswing over the past two sessions signals renewed buying momentum following the brief corrective phase.
Conclusion
As of February 24, gold prices across most major cities are hovering around ₹16,178 per gram for 24K, ₹14,830 for 22K, and ₹12,134 for 18K. Chennai continues to trade at a premium, with 24K gold at ₹16,244, while Delhi is slightly higher than the broader average at ₹16,193.
The sharp recovery from February 20 levels highlights strong investor interest, but given the rapid swings in recent sessions, gold is likely to remain sensitive to global cues, currency movements, and shifts in overall market sentiment.
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