Huge Jump in Gold Rate Today in India; Silver Soars to Rs 3 Lakh/kg: Check Prices After Trump’s Tariff Move

Gold prices in India continued their strong rally in the last week of February, supported by rising global uncertainty following fresh tariff actions announced by Donald Trump. On February 23, 2026, the price of 24 Karat (24K) gold climbed to Rs 16,135 per gram, up by Rs 207 from the previous session, while 22 Karat (22K) gold rose by Rs 190 to Rs 14,790 per gram.

Huge Jump in Gold, Silver Rates Today After Trump's Tariff Move

Silver prices also witnessed a sharp jump on Monday, surging by Rs 25,000 per kg to reach Rs 3,00,000 per kg in the domestic market. The strong move in silver mirrors global trends, where the white metal climbed nearly 2 percent to trade above $86 per ounce, extending its gains for a fourth consecutive session as investors sought protection against geopolitical and economic risks.

On the global front, gold prices gained close to 1 percent to trade around $5,150 per ounce on Monday, marking the highest level in over three weeks. The rally was driven by renewed tariff worries after Trump announced plans on Saturday to raise global import duties from 10 percent to 15 percent, following the US Supreme Court's rejection of his earlier "reciprocal tariffs" framework.

Gold Rate Today in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram on 23 February 2026

24 Karat Gold Rate Today in India

The price of 24 Karat gold rose to Rs 16,135 per gram, marking an increase of Rs 207 from yesterday's level of Rs 15,928 on Monday. The rate for 8 grams of 24 Karat gold now stands at Rs 1,29,080, up by Rs 1,656, while 10 grams is priced at Rs 1,61,350, higher by Rs 2,070. For bulk buyers, 100 grams of 24 Karat gold is selling at Rs 16,13,500, reflecting a rise of Rs 20,700.

22 Karat Gold Rate Today in India

On 22 February 2026, one gram of 22 Karat gold is priced at Rs 14,790, up Rs 190 from the previous session. The price of 8 grams increased to Rs 1,18,320, gaining Rs 1,520, while 10 grams is now available at Rs 1,47,900, up Rs 1,900. The rate for 100 grams of 22 Karat gold climbed to Rs 14,79,000, higher by Rs 19,000.

18 Karat Gold Rate Today in India

Meanwhile, 18 Karat gold rates recorded steady gains on Monday. One gram of 18 Karat gold is priced at Rs 12,101, up Rs 155 from yesterday. Eight grams now costs Rs 96,808, an increase of Rs 1,240, while 10 grams is priced at Rs 1,21,010, up by Rs 1,550. The price of 100 grams of 18 Karat gold has risen to Rs 12,10,100, marking a gain of Rs 15,500.

Silver Rate Today: Check Latest Silver Prices Per Kg on 22 February 2026

On 22 February 2026, the price of silver per gram rose to Rs 300, registering a jump of Rs 25 compared to yesterday's rate of Rs 275. For small quantities, 8 grams of silver is now priced at Rs 2,400, up by Rs 200, while 10 grams costs Rs 3,000, higher by Rs 250 from the previous session.

For larger quantities, 100 grams of silver is trading at Rs 30,000, marking an increase of Rs 2,500 from yesterday's Rs 27,500. On a per kilogram basis, silver prices jumped sharply to Rs 3,00,000, up by a significant Rs 25,000 from the previous level of Rs 2,75,000, highlighting the strong rally in the white metal.

"A landmark Supreme Court of the United States ruling against global tariffs reignited volatility and safe-haven demand. The ruling, combined with mounting US-Iran tensions, has reintroduced a geopolitical risk premium that spurred silver's rebound," stated Choice Broking report.

"Gold is likely to remain sensitive to interest rate expectations, with a focus on bearish price action around key Fibonacci retracement levels," said Justin Khoo, Senior Market Analyst - APAC, VT Markets.

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