Why are gold and silver rates today still volatile in India?

Prices react to a stronger dollar, rupee swings, global yields, and shifting safe-haven demand. Local jewellery buying also varies by season and price levels. When these forces pull in different directions, intraday moves get wider, keeping rates choppy even after brief rebounds.

How do I compare 24k 22k gold rate quotes across cities?

Convert all quotes to per-gram, match purity exactly, and confirm if rates include making charges. Check GST separately. Compare at least two reputed sources and your local jeweller’s board rate on the same day and time window for a fair, like-for-like view.

Should I buy in one go or stagger purchases?

In volatile markets, staggered buying helps average costs. Split your target amount into two or three tranches over a few days or weeks, using price alerts. This reduces the risk of buying at an intraday peak while still capturing dips.

What extra costs should I expect beyond the base rate?

Expect making charges based on design complexity, 3% GST on gold value, and 5% GST on making charges. Some stores may add testing or handling fees. Ask for a detailed invoice, compare similar designs, and negotiate labour charges before confirming your purchase.

Global Market Insights

India Gold & Silver Rates, February 23: Volatility Persists After Slump

ByDanny Kontos February 23, 2026

Gold and silver rates today in India remain choppy after a sharp slide earlier this month. We see a brief rebound, but signals are mixed across global cues, the rupee, and local jewellery demand. For buyers tracking gold price today India and silver price today, short swings can be quick and large. We outline what is moving prices now, how to read 24k 22k gold rate quotes, and a simple checklist to buy confidently during volatility.