Gold & Silver Rates in Jamnagar Today (18 Feb 2026)

Jamnagar Gold Report: Bullion Surge in the Brass City

As of 12 February 2026, the gold market in Jamnagar is experiencing a robust upward rally. Today, 22K jewelry gold is trading at ₹1,52,320 per 10 grams, a sharp increase of 1.27% from yesterday. The pure 24K gold rate has hit ₹1,65,340, inching closer to the record high of ₹1,66,004 seen earlier this month. For residents of Digvijay Plot and Patel Colony, this surge follows a volatile week where prices dipped as low as ₹1,44,160 (22K) on February 6th, only to recover nearly all losses within six days.

Commercial Hubs: Chandi Bazar to P.N. Marg

The heart of Jamnagar’s gold trade resides in the legendary Chandi Bazar and the modern stretches of Pandit Nehru Marg. Legacy showrooms like Madanji Meghraj Jewellery Palace and Krishna Jewellers in the old city are seeing heavy footfall as investors seek physical assets amidst global market uncertainty. In the upscale Bedeshwar and Valkeshwari areas, national brands such as Tanishq and Kalyan Jewellers are catering to the professional workforce of the nearby refinery belt. Current data shows that 18K gold is holding steady at ₹1,24,630, making it a popular choice for diamond-studded sets in the Indira Marg showrooms.

Cultural Craftsmanship: Silver Filigree and "Jaali" Work

Jamnagar is world-renowned for its silver craftsmanship, particularly the intricate Jaali (Filigree) work practiced by artisans in Digvijaygram. While gold is the primary investment, traditional Jamnagari silver ornaments like the Kandora (waist chain) and heavy oxidized Payals remain essential for local weddings. Local "Sonis" (goldsmiths) near Khambhalia Gate are also famous for their Jadau influence, often setting semi-precious stones into gold foil. This unique blend of Kathiawari heritage and modern HUID-hallmarking ensures that Jamnagar’s jewelry is as culturally rich as it is pure.

Investment Strategy: The 2026 Momentum

With gold prices having nearly doubled from the February 2025 low of ₹85,303, the sentiment in Jamnagar is one of high-value accumulation. Many families in Ranjit Sagar Road and Hapa are transitioning toward digital gold and gold ETFs to avoid high making charges, which currently range from 12% to 18% for intricate hand-crafted pieces. However, for those buying physical gold today at ₹1,65,340 (24K), the focus remains on long-term security. Experts suggest that as long as the market stays above the ₹1,58,000 support level, the upward trend in the "Oil City" is likely to persist through the summer wedding season.