Gold prices are continuously falling. On Saturday, prices fell for the third consecutive day. On the morning of February 7, the price of 24-carat gold fell to ₹153,850 per 10 grams in Delhi. In Mumbai, the price fell to ₹153,700 per 10 grams. In the international market, the spot price of gold is $4887.30 per ounce.
City 22 Karat Gold Rate Today (₹) 24 Karat Gold Rate Today (₹) Delhi 141040 153850 Mumbai 140890 153700 Ahmedabad 140940 153750 Chennai 140890 153700 Kolkata 140890 153700 Hyderabad 140890 153700 Jaipur 141040 153850 Bhopal 140940 153750 Lucknow 141040 153850 Chandigarh 141040 153850
Gold rates in some major Indian cities:
Delhi: 24-carat gold price in Delhi is ₹153,850 per 10 grams. The price of 22-carat gold is ₹141,040 per 10 grams.
Mumbai, Chennai and Kolkata: Currently, the price of 22-carat gold in Mumbai, Chennai and Kolkata is ₹140,890 per 10 grams, while the price of 24-carat gold is ₹153,700 per 10 grams.
Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹154,410 per 10 grams and the price of 22-carat gold is ₹140,890 per 10 grams.
JPMorgan has predicted that gold prices will reach $6300 an ounce by the end of the year. This is due to the demand from central banks and investors. It is estimated that the purchase of gold by Central Banks may reach 800 tonnes in 2026.
silver prices
The prices of another precious metal, silver, are also continuously falling. On the morning of 7 February, the price fell to ₹274,900 per kg. On January 30, the price of silver was more than ₹400,000. In international markets, the spot price is $74 an ounce. Kunal Shah, Vice President and Head of Commodities Research, Nirmal Bang Securities, says that the trend of rising silver prices has ended for the time being. Any rally now should be used to sell, not buy. Due to extreme and unpredictable fluctuations, this metal has become almost impossible to trade.