Gold and silver prices witnessed an upward movement on February 18, reflecting ongoing volatility in the global precious metals market. Investors and jewellery buyers across India are keeping a close watch as rates continue to fluctuate amid international economic developments and currency movements.
According to the latest updates, 24-carat gold prices saw an increase across major cities, while 22-carat gold — commonly used in jewellery — also moved higher. Silver rates followed a similar trend, posting gains in most metropolitan markets.
In Delhi, Mumbai, Chennai, and Kolkata, gold prices have edged upward compared to the previous trading session. The increase comes amid global cues, including changes in US bond yields, dollar strength, and geopolitical tensions, all of which typically influence bullion prices.
Market analysts say that gold remains attractive to investors during periods of uncertainty. With global economic signals mixed and inflation concerns persisting in several regions, demand for safe-haven assets such as gold continues to provide price support.
Silver, often considered both a precious and industrial metal, also registered gains. Its pricing is influenced not only by investment demand but also by industrial consumption, especially in sectors like electronics and renewable energy.
Buyers are advised to check city-specific rates before making purchases, as prices may vary slightly due to local taxes, transportation costs, and jeweller margins. As always, experts recommend purchasing from certified sellers and ensuring hallmark verification for purity assurance.
With wedding season demand and international developments shaping price movements, bullion markets are expected to remain dynamic in the coming days.
