India’s gold and silver prices made a huge recovery on Tuesday and Wednesday after plummeting earlier in the week. After a few days of profit booking, investors increased purchasing appetite was the main driver of the recent surge.
Gold futures on the Multi Commodity Exchange (MCX) surged substantially as confidence improved after losses brought on by fluctuations in the US dollar and global market volatility on February 3. The price of silver also increased, showing strong intraday gains. On Thursday, though, both metals prices decreased.
Due to investors profit booking and weak global cues, precious metals saw steep declines on Thursday morning on the Multi Commodity Exchange (MCX), with gold and silver suffering the worst losses. At approximately 9.32 am, gold for April 2, 2026 delivery was trading at ₹1,50,584 per 10 grams, down 0.98 percent, according to MCX iCOMDEX data, while silver for March 5.
Why do gold and silver prices change every daily?
A combination of domestic and international variables cause daily fluctuations in the price of gold and silver in India. Local prices are largely influenced by changes in the rupee US dollar exchange rate and trends in global bullion markets.
Demand for these metals as safe haven assets is frequently increased by inflation expectations, interest rate fluctuations, and general economic instability. Daily fluctuations in gold and silver prices are also influenced by regular changes in supply and demand as well as geopolitical developments.
LIVE UPDATES
- Feb 6, 2026 09:48 AM IST
Gold, Silver Rate Today, 6 February 2026 Live Updates: Gold prices hold above ₹15,400 per gram across cities; Chennai tops chart amid wedding demand
Gold rates stayed firm across major Indian cities on Tuesday, trading above ₹15,400 per gram for 24 carat gold in most markets.
Chennai recorded the highest price at ₹15,621 per gram, while Delhi stood at ₹15,456. Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala and Pune were largely trading at ₹15,441 per gram. Vadodara was marginally higher at ₹15,446.
Prices for 22 carat gold hovered around ₹14,154 per gram across cities, touching ₹14,319 in Chennai. Meanwhile, 18 carat gold ranged between ₹11,581 and ₹12,249 per gram, with Chennai again quoting the highest rates.
- Feb 6, 2026 09:43 AM IST
Gold, Silver Rate Today, 6 February 2026 Live Updates: Gold, silver slide on MCX; crude oil inches up
Precious metals traded lower on the Multi Commodity Exchange (MCX) on Thursday morning, with gold and silver witnessing sharp losses amid weak global cues and profit booking by investors. According to MCX iCOMDEX data at around 9.32 am, gold for April 2, 2026 delivery was trading at ₹1,50,584 per 10 grams, down 0.98 per cent, while silver for March 5
- Feb 6, 2026 09:01 AM IST
Gold prices ease marginally across all carats
Gold prices edged lower across categories on Wednesday, slipping by Re 1 per gram in line with the previous session. 24 carat gold was priced at ₹15,441 per gram, down from ₹15,442. The decline extended across weights, with 8 grams falling ₹8 to ₹1,23,528, 10 grams down ₹10 at ₹1,54,410, and 100 grams lower by ₹100 to ₹15,44,100.
A similar movement was seen in 22 carat gold, which was quoted at ₹14,154 per gram, compared to ₹14,155 on Tuesday. Rates for 8 grams eased to ₹1,13,232, 10 grams to ₹1,41,540, and 100 grams to ₹14,15,400, each reflecting a proportional decline.
18-carat gold also slipped by Re 1 per gram to ₹11,581. Prices for 8 grams stood at ₹92,648, 10 grams at ₹1,15,810, while 100 grams declined to ₹11,58,100.
- Feb 6, 2026 08:59 AM IST
18 carat gold prices slip marginally
Prices of 18 carat gold edged lower on Wednesday. The metal was quoted at ₹11,581 per gram, down Re 1 from the previous day. The decline was consistent across weights: 8 grams fell by ₹8 to ₹92,648, 10 grams dropped ₹10 to ₹1,15,810, while 100 grams declined by ₹100 to ₹11,58,100.
Today 18 Carat Gold Rate Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹11,581 | ₹11,582 | -1 |
| 8 | ₹92,648 | ₹92,656 | -8 |
| 10 | ₹1,15,810 | ₹1,15,820 | -10 |
| 100 | ₹11,58,100 | ₹11,58,200 | -100 |
* The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller.
- Feb 6, 2026 08:41 AM IST
22 carat gold prices ease by Re 1 per gram
Prices of 22 carat gold slipped marginally on Wednesday. The metal was quoted at ₹14,154 per gram, down Re 1 from the previous day. The decline was uniform across weights: 8 grams fell by ₹8 to ₹1,13,232, 10 grams dropped ₹10 to ₹1,41,540, while 100 grams declined by ₹100 to ₹14,15,400.
Today 22 Carat Gold Price Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹14,154 | ₹14,155 | – ₹1 |
| 8 | ₹1,13,232 | ₹1,13,240 | – ₹8 |
| 10 | ₹1,41,540 | ₹1,41,550 | – ₹10 |
| 100 | ₹14,15,400 | ₹14,15,500 | – ₹100 |
- Feb 6, 2026 08:33 AM IST
24 carat Gold prices dip marginally across weights
Gold prices edged lower on Wednesday. 24 carat gold was priced at ₹15,441 per gram, down Re 1 from the previous day. For larger quantities, the decline was proportionate: 8 grams fell by ₹8 to ₹1,23,528, 10 grams dropped ₹10 to ₹1,54,410, while 100 grams declined by ₹100 to ₹15,44,100.
Today 24 Carat Gold Rate Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹15,441 | ₹15,442 | – ₹1 |
| 8 | ₹1,23,528 | ₹1,23,536 | – ₹8 |
| 10 | ₹1,54,410 | ₹1,54,420 | – ₹10 |
| 100 | ₹15,44,100 | ₹15,44,200 | – ₹100 |
- Feb 6, 2026 08:26 AM IST
Gold edges lower by Re 1 across categories
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Gold prices slipped marginally on Wednesday, easing by Re 1 per gram across categories. 24 carat gold was quoted at ₹15,441 per gram, while 22 carat stood at ₹14,154 and 18 carat gold at ₹11,581. The movement reflects a minor correction in rates, with no sharp swings seen in early trade.
