Gold and Silver Prices Fall from Record Highs; Check Latest Rates in Major Cities

Hyderabad | February 18, 2026 | DeccanLive.com

There is good news for gold and silver buyers as prices have fallen sharply from record levels. After touching all-time highs in recent months, gold rates have been steadily declining since the beginning of 2026.

At one point, gold prices had nearly touched the ₹2 lakh mark for 10 grams, leaving middle-class families worried. However, with the upcoming wedding season and auspicious days ahead, the recent fall in prices has brought relief to buyers.

For the past two weeks, gold and silver prices have been on a downward trend. As of February 18 (Wednesday morning rates), gold prices have dropped further.

Gold Prices (10 grams)

Hyderabad:

• 24-carat – ₹1,54,190
• 22-carat – ₹1,41,340

Chennai:

• 24-carat – ₹1,56,210
• 22-carat – ₹1,43,190

Mumbai:

• 24-carat – ₹1,54,190
• 22-carat – ₹1,41,340

Delhi:

• 24-carat – ₹1,54,340
• 22-carat – ₹1,41,490

Kolkata:

• 24-carat – ₹1,54,190
• 22-carat – ₹1,41,340

Bengaluru:

• 24-carat – ₹1,54,190
• 22-carat – ₹1,41,340

Vijayawada:

• 24-carat – ₹1,54,190
• 22-carat – ₹1,41,340

Visakhapatnam:

• 24-carat – ₹1,54,190
• 22-carat – ₹1,41,340

(Note: The above gold rates are based on information available before 8 AM. Prices may change during the day.)

Silver Prices

Silver prices have also declined. The current silver rate stands at ₹279.90 per gram, which means one kilogram of silver is priced at ₹2,79,900.

Market experts say the recent correction in gold and silver prices offers a good opportunity for buyers, especially those planning wedding purchases.