Gold Prices Rise in Visakhapatnam on February 21; Silver Remains Steady
Gold prices in Visakhapatnam registered an increase on February 21, 2026, reflecting ongoing fluctuations in domestic and global bullion markets. According to morning rates, the price of 10 grams of 22-carat gold stands at ₹1,46,000, marking a rise of ₹1,750. Meanwhile, 10 grams of 24-carat gold is priced at ₹1,56,170, up by ₹1,910 compared with the previous session.
Silver prices remained stable, with the metal trading at ₹2,70,000 per kilogram in the city’s bullion market.
Market Trend
Gold prices have been volatile in recent weeks due to global economic uncertainty, currency movements and seasonal demand patterns. During the ongoing wedding season, rates had briefly softened, with 24-carat gold hovering around ₹1,40,000 per 10 grams and 22-carat gold near ₹1,50,000 before the latest uptick.
What Buyers Should Know
Bullion traders noted that prices quoted in the morning reflect previous closing levels and can change throughout the day depending on international cues and local demand. Buyers are advised to track live market updates before making purchases, as intraday fluctuations remain common in precious metals trading.
Our Thoughts
The latest increase in gold prices reflects continued volatility in global bullion markets, where economic uncertainty and seasonal demand are influencing trends. For buyers, especially during the wedding season, tracking daily price movement has become crucial before making large purchases. While short-term fluctuations are common, gold continues to remain a preferred investment and hedge against inflation. Monitoring international cues and currency trends will be key in determining the next price direction in the domestic market.
