Gold prices witnessed a significant surge today, driven by strong safe-haven demand. MCX gold hit a new February high, crossing ₹1.62 lakh.
| Purity | Per Gram | Per 10g | Change |
|---|---|---|---|
| 24K Gold | ₹16,189INR | ₹1,61,890 | ↑ ₹11 |
| 22K Gold | ₹14,840 | ₹1,48,400 | ↑ ₹10 |
| 18K Gold | ₹12,142 | ₹1,21,420 | — |
Source: GoldMeter.in • Historical data for reference only
Indian gold markets experienced a robust upward trend on February 25, 2026, as prices surged significantly, propelled by renewed safe-haven demand. Both international and domestic benchmarks reflected this strong buying interest, with gold hitting notable highs. This rally provided a strong lift for investors and jewelry shoppers alike, though the underlying market volatility suggests a cautious approach might still be warranted.
On the Multi Commodity Exchange (MCX), gold futures breached the ₹1.6 lakh mark, peaking 1% above ₹1.61 lakh and ultimately hitting a new February high at ₹1.62 lakh per 10 grams. This substantial movement mirrored the international market, where Comex gold futures jumped an impressive $54 per ounce. Silver also joined the rally, with Comex silver gaining $3.7 per ounce and MCX silver registering a nearly 3% jump, trading around ₹2,84,900. These gains were observed across various purity levels, with 24-carat gold in Delhi reportedly standing at ₹1,62,070, and similar rises noted for 18K and 22K gold across major Indian cities like Mumbai, Chennai, Kolkata, and Bengaluru, making it a day of significant upward revision for precious metal rates.
The primary driver behind today's sharp ascent was a resurgence in safe-haven demand. Global market uncertainties and persistent volatility encouraged investors to flock towards traditional hedges like gold and silver. This renewed interest in safe-haven assets was explicitly cited in market analyses as the key factor behind the day's substantial price increases. The broader market rally also contributed to the positive sentiment surrounding precious metals, indicating a flight to quality amidst prevailing economic or geopolitical concerns, though the specific triggers for this intensified safe-haven buying were not detailed in the headlines.
For Indian investors and jewelry buyers, today's rally underscores gold's enduring appeal as a store of value. However, with volatility persisting, the outlook for gold and silver to sustain these gains throughout the week remains a key question for market watchers. While the current momentum is strong, potential buyers and sellers should monitor global developments closely. Jewelry shoppers looking to make purchases should be aware of these elevated rates, while investors might consider if this is a temporary surge or the beginning of a more sustained upward trend for the yellow metal.