Silver Prices Plummet While Gold Edges Higher: Today’s Rates Update

News:
In the Indian bullion market, gold prices have been reaching new highs over the past few days, putting pressure on buyers. However, on Monday, 9 February 2026, there was a notable shift in precious metal rates. While gold saw a marginal increase, silver experienced a significant decline, dropping sharply by ₹1.71 lakh per kilogram, offering some relief to consumers.

Today’s Rates in Key Markets (per 10 grams / per kilogram):

Mumbai:

22 Carat Gold – ₹1,43,550

24 Carat Gold – ₹1,56,600

Silver – ₹2,85,000 per kg

Delhi (NCR):

22 Carat Gold – ₹1,43,700

24 Carat Gold – ₹1,56,750

Silver – ₹2,85,000 per kg

These rates are indicative and do not include GST, TCS, or other taxes. Buyers are advised to check with local jewellers for exact pricing.

Gold Purity Explained – 22 Carat vs 24 Carat:
When purchasing gold, customers often encounter 22 carat and 24 carat options. Understanding the difference in purity is important:

24 Carat Gold – 99.9% pure

22 Carat Gold – Approximately 91% pure, with the remaining 9% comprising metals like copper, silver, and zinc.

22 Carat gold is widely used in jewellery due to its durability, while 24 Carat gold, being very soft, is rarely used for making ornaments.