Hyderabad: Gold prices in the Hyderabad bullion market are showing resilience this Thursday, February 12, 2026, trending stable to slightly higher despite early rumors of a price drop. While some local retail whispers suggested a decline, official data from major financial aggregators confirms that the yellow metal is holding its ground, edging up by approximately ₹10 per 10 grams.
Current Gold Rates in Hyderabad (Feb 12, 2026)
For investors and buyers in the Telugu states, here is the mid-morning breakdown of spot rates:
| Gold Purity | Rate per 10 Grams | Change (24h) |
| 24-Carat (99.9% Pure) | ₹1,59,610 | + ₹10 |
| 22-Carat (Jewelry Gold) | ₹1,46,310 | + ₹10 |
| 18-Carat (Low Purity) | ₹1,19,710 | Marginal Rise |
Note: These are bullion spot rates. Final jewelry prices at stores like Tanishq, Joyalukkas, or Malabar Gold may include additional making charges (₹500–₹2,000+) and 3% GST.
Silver Prices Dip Slightly
Contrary to gold’s steady climb, silver has seen a minor correction today. The white metal is currently trading at ₹2,99,900 per kg, a dip of ₹100 from Wednesday’s close. Analysts attribute this to minor profit-booking in the industrial sector and a slight strengthening of the US Dollar.
Market Analysis: Why are Prices Holding Firm?
The current price action is a tug-of-war between international economic pressures and domestic demand.
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The $5,000 Milestone: Global spot gold is hovering near the historic $5,000/oz mark. While a strong US dollar usually pressures gold, ongoing safe-haven demand remains a powerful floor for prices.
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MCX Trends: On the Multi Commodity Exchange (MCX), gold futures for April delivery saw a slight intraday dip of 0.53%, trading around ₹1,57,907. However, high physical demand in regional hubs like Hyderabad and Visakhapatnam has kept local spot prices higher than the futures market.
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Local Variations: Minor price differences (ranging from ₹50 to ₹200) continue between Hyderabad and other cities like Vijayawada and Warangal, primarily due to transportation costs and local jewelry association mandates.
Investor Outlook: Buy or Wait?
Market experts suggest that the long-term trajectory for gold remains bullish, supported by consistent central bank purchases. However, short-term volatility is expected as the market awaits upcoming US CPI (Consumer Price Index) data.
Pro-Tip for 2026: If you are looking for investment rather than jewelry, consider Sovereign Gold Bonds (SGBs) or Gold ETFs. These options eliminate the need for physical storage and bypass the heavy making charges associated with physical gold.
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