Gold Extends Decline to ₹16,157 on February 27: Check Latest 24K, 22K and 18K Rates Across Major Cities

Gold prices in India extended their mild pullback to ₹16,157 per gram on February 27, after easing to ₹16,168 on February 26 from ₹16,189 on February 25. The decline follows last week’s strong rebound, when prices had surged from ₹16,135 on February 23 to ₹16,178 on February 24 and ₹16,189 on February 25, reflecting short-term consolidation after the late-month rally.

Earlier, prices had recovered to ₹15,649 on February 19 after slipping to ₹15,420 on February 17-18, and briefly eased to ₹15,617 on February 20 before staging the sharp upswing. Prior to that, gold had rebounded to ₹15,644 on February 16 following a volatile phase in early February, when the 24K rate fell to around ₹15,578 by February 13 after fluctuating near ₹15,800 at the start of the month.

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Gold Prices Today in India February 27, 2026

As of 11:20 AM on February 27, 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 ₹16,157, 22K at ₹14,810, 18K at ₹12,118.
• Gold Price Today in Chennai: 24K at ₹16,225, 22K at ₹14,900, 18K at ₹12,750.
• Gold Price Today in Bangalore:24K at ₹16,157, 22K at ₹14,810, 18K at ₹12,118.
• Gold Price Today in Hyderabad: 24K at ₹16,157, 22K at ₹14,810, 18K at ₹12,118.
• Gold Price Today in Kerala: 24K at ₹16,157, 22K at ₹14,810, 18K at ₹12,118.
• Gold Price Today in Delhi: 24K at ₹16,172, 22K at ₹14,825, 18K at ₹12,133.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• February 27th: 24K at ₹16,157, 22K at ₹14,810, 18K at ₹12,118.
• February 26th: 24K at ₹16,168, 22K at ₹14,820, 18K at ₹12,126.
• February 25th: 24K at ₹16,189, 22K at ₹16,189, 18K at ₹12,142.
• 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

Gold prices in India remain volatile, with the recent rebound extending into a second day of mild consolidation on February 27. On February 27, 24K gold edged lower to ₹16,157, compared with ₹16,168 on February 26 and ₹16,189 on February 25, though still above ₹16,135 recorded on February 23.

Similarly, 18K gold eased to ₹12,118, down from ₹12,126 and ₹12,142 in the previous two sessions. The gradual cooling follows last week’s sharp rally, when 24K climbed from ₹15,617 on February 20 to above ₹16,100 by February 23–25.

Gold Market Outlook

Gold prices in India remain volatile, with the recent rally extending into a second straight day of mild easing on February 27. The 24K rate slipped to ₹16,157, down from ₹16,168 on February 26 and ₹16,189 on February 25, after rising from ₹16,135 on February 23 and ₹16,178 on February 24. Despite the marginal decline, prices remain significantly higher than last week’s levels.

Similarly, 22K gold has edged down to ₹14,810 on February 27, compared with ₹14,820 on February 26 and ₹14,830 on February 24, reflecting gradual consolidation after the recent upswing.

The 18K rate also softened to ₹12,118, versus ₹12,126 and ₹12,142 in the previous two sessions. Overall, the trend still reflects a strong recovery from the February 20 lows, though short-term volatility persists.

Conclusion

As of February 27, gold prices across most major cities are hovering around ₹16,157 per gram for 24K, ₹14,810 for 22K, and ₹12,118 for 18K. Chennai continues to trade at a premium, with 24K gold at ₹16,225, while Delhi is slightly higher than the broader average at ₹16,172.

While the rally has cooled over the past two sessions, gold remains elevated compared to earlier levels, indicating underlying buying support. However, with frequent price swings in recent days, the metal is likely to stay sensitive to global cues, currency movements, and overall market sentiment.