Gold, Silver Prices Drop Today: Check 22K and 24K Rates in Your City on February 17

Gold and silver prices weakened on February 17, 2026, with both metals retreating in domestic markets amid subdued global cues and a firmer U.S. dollar. Silver saw notable declines, while gold continued its slide from recent highs. Investors and buyers tracking bullion rates should note the updated city-wise prices before planning purchases.

Gold Price Today: 24K and 22K Rates

On February 17, the 24-carat gold price in India stood around ₹15,491 per gram, down from previous levels, while 22-carat gold was trading near ₹14,200 per gram — both reflecting a downward trend on local spot markets. These rates do not include taxes and making charges, which vary by city and jeweller.

City-Wise Gold Prices (Typical Rates)

24K Gold: ~₹15,491/gram (≈₹1,54,910 per 10g)
22K Gold: ~₹14,200/gram (≈₹1,42,000 per 10g)
(Indicative domestic rates; actual may vary locally.)

Silver Price Today

Silver prices also witnessed a slight dip on February 17, with the all-India average at around ₹2,679 for 10 grams and roughly ₹2,67,900 per kilogram. These figures indicate a mild decline compared with the previous day, reflecting broader market softness.

Why Prices Are Sliding

Precious metals have come under pressure due to a stronger U.S. dollar and lighter liquidity in global markets, especially as major Asian bourses remained closed for the Lunar New Year holidays. This has limited buying interest in gold and silver, contributing to the slide.

What This Means for Buyers and Investors

For consumers shopping for jewelry or investors seeking entry points, temporarily lower prices could offer a buying opportunity. However, experts often urge watching short-term volatility and broader economic cues, as bullion prices can fluctuate quickly based on global demand, currency strength, and inflation expectations.

The Bottom Line

Gold and silver prices eased on February 17, 2026, with 24K and 22K gold rates sliding alongside softer silver prices. Buyers and investors in India should check live city-specific rates and consider timing purchases carefully in response to market movements.