Gold Prices in India Rise Amid Global Volatility: Experts Expect Range-Bound Movement

On 13 February 2026, the price of 24K gold at ₹153,550 per 10 grams, reflecting a gain of ₹1,250 compared to its previous close. Meanwhile, 22K gold is at ₹140,754 per 10 grams. Gold prices in India are largely influenced by international spot gold rates, US dollar fluctuations, and import duties on Gold among other things. Gold prices in India continue to remain higher than in Dubai. On 13 February 2026 the price of 24K gold in India is at ₹153,550 per 10 grams, while in Dubai it is ₹147,353, reflecting a difference of ₹6,197 or 4.21%. Similarly, 22K and 18K gold prices in India were also about 4.21% costlier compared to the price of gold in Dubai , not accounting for fees, duties, and taxes. Gold prices are volatile largely on the back of significant profit booking, which was seen due to panic selling by investors. The big sell-off in US equity markets was triggered by fears of AI disruptions, which further weighed on sentiment. Also, dimmed expectations of rate cuts by the US Federal Reserve added pressure on gold, as US labour data was stronger than forecast. However, geopolitical uncertainties over US-Iran talks continue to lend support to the yellow metal’s safe-haven demand. Additionally, persistent central bank buying and currency debasement concerns lift the appeal of the precious metal. ALSO READ Silver rallies 28% from recent lows: Will volatility persist in 2026? Key drivers to watch However, geopolitical uncertainties over US-Iran talks continue to lend support to the yellow metal’s safe-haven demand. Additionally, persistent central bank buying and currency debasement concerns lift the appeal of the precious metal. Analysts expect gold prices to remain range-bound in the near term as equity markets continue to witness volatility. Experts have said that over the shorter run, this may cause disruptions for gold, but the broader outlook for the yellow metal remains positive. Markets will monitor US inflation data for further guidance on the Fed’s policy stance. Moreover, safe-haven demand for gold continues to lift its appeal. “MCX Gold April futures may rebound to Rs 154,000/10g as prices have recovered slightly in the world markets too.” Jigar Trivedi, Senior Research Analyst at Indusind Securities said. Retail investors are advised to track not just domestic rates but also international trends before making buying decisions. ALSO READ MCX Silver Rate LIVE: Silver sees big price swing – MCX Silver Futures slide 10%, Comex Silver prices rises 1%