Gold Prices Trend Sideways in India Amid Global Gains

On 26 February 2026, the price of 24K gold at ₹160,900 per 10 grams, reflecting a loss of ₹370 compared to its previous close. Meanwhile, 22K gold is at ₹147,492 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 26 February 2026 the price of 24K gold in India is at ₹160,900 per 10 grams, while in Dubai it is ₹153,433, reflecting a difference of ₹7,467 or 4.87%. Similarly, 22K and 18K gold prices in India were also about 4.87% costlier compared to the price of gold in Dubai , not accounting for fees, duties, and taxes. Gold prices are trending sideways in intra-day, however in international markets they are extending gains on the back of a soft dollar and increased safe-haven demand. A weak dollar makes precious assets like gold less expensive for overseas investors, thereby increasing demand. Geopolitical uncertainties over US troop movement across the Middle East have fuelled safe-haven demand for the asset. Markets will continue to monitor the latest round of talks between the US and Iran scheduled for later in the day. ALSO READ US releases 2026 American Eagle Silver Proof Coin at $173, a 92% premium over spot price Tariff tensions continue to accelerate the momentum for gold, as US Trade Representative Jamieson Greer said that Trump plans to raise duties to 15% “where appropriate,” following a 10% levy that came into effect Tuesday after the Supreme Court struck down earlier reciprocal tariffs. Markets continue to price in three 25-basis-point rate cuts by the US Federal Reserve this year. Analysts suggest gold prices may continue to extend gains amid looming geopolitical and economic uncertainties. Investors will monitor the latest round of talks between the US and Iran scheduled for later in the day. Also, markets will monitor whether the increased tariff rates come into effect for further cues. “MCX Gold April futures are likely to hit Rs 162,500/10g as the trend in the world markets is also positive,” 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 Silver Rate Today 25th February 2026: Silver is up by 1.92%; check prices in Mumbai, Bengaluru, Hyderabad, Delhi, Ahmedabad