On Wednesday, February 11, 2026, both gold and silver prices in India recorded a small decrease, as noted by the India Bullion and Jewellers Association (IBJA). On the previous day, February 10, 2026, the price of 22-carat gold was ₹143,130 per 10 grams, which dropped to ₹143,000 by the morning of the 11th. In addition, silver, which is priced per kilo, also experienced a decline of over ₹1,000, with the current price standing at ₹258,091 per kilo.

The detailed rates for gold based on purity showed various drops, with 24-carat gold decreasing by ₹142, while lower purities of gold also fell by similar margins. For instance, 995 (23-carat) gold decreased by ₹141, and 916 (22-carat) gold saw a drop of ₹130. This fluctuation reflects market conditions and consumer demand, which can often lead to volatility in the precious metals market.

This latest drop in prices is significant for traders and consumers alike, as it may influence purchasing decisions. The decreased prices could spur demand in the market as buyers may see this as an opportune moment to invest in gold and silver, especially given their traditional roles as safe-haven assets in times of economic uncertainty.