Gold & Silver Price Today (India) – Latest Rates and Market Update
According to the latest bullion market data on 4 February 2026, gold and silver prices in India showed strong movements with the trend shifting sharply following significant volatility in global markets and renewed buying interest from investors.
The Indian commodity market saw both metals rebounding after earlier weakness, with prices moving upward on the Multi Commodity Exchange (MCX) despite recent corrections. Global cues, changing trade policies, and safe-haven demand helped boost bullion prices.
Current Gold Prices (India) – 24K, 22K & 18K
MCX & National Averages
- 24-carat gold: ₹1,60,530 per 10 grams (up by ~₹6,600)
- 22-carat gold: ₹1,47,150 per 10 grams (up by ~₹6,050)
- 18-carat gold: ₹1,20,400 per 10 grams (up by ~₹4,950)
100 grams equivalent prices:
- 24K: ₹16,05,300
- 22K: ₹14,71,500
Gold rates saw a strong rebound after several days of heavy losses, with 24K and 22K both rallying significantly on bullish investor sentiment.
City-Wise 10 Gram Gold Prices (Indicative)
| City | 24K | 22K | 18K |
|---|---|---|---|
| Delhi | ₹1,60,680 | ₹1,47,300 | ₹1,20,550 |
| Mumbai | ₹1,60,530 | ₹1,47,150 | ₹1,20,400 |
| Kolkata | ₹1,60,530 | ₹1,47,150 | ₹1,20,400 |
| Chennai | ₹1,60,530 | ₹1,47,150 | ₹1,20,400 |
| Bangalore | ₹1,60,530 | ₹1,47,150 | ₹1,20,400 |
| Coimbatore | ₹1,62,560 | ₹1,49,000 | ₹1,27,500 |
| Jaipur | ₹1,60,680 | ₹1,47,300 | ₹1,20,550 |
| Lucknow | ₹1,60,680 | ₹1,47,300 | ₹1,20,550 |
These prices are indicative and can vary slightly based on local taxes, making charges, and jeweller pricing policies.
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Silver Price Today (India)
Silver also moved higher on the day, reflecting renewed buying interest and strong market momentum.
Current Silver Rates
- 1 kg silver: ₹3,20,000 (up by ~₹40,000)
- 100 g silver: ₹32,000 (up by ~₹4,000)
This sharp rise in silver prices follows strong bullish momentum in global markets, even after recent volatility.
What’s Driving the Price Movement?
Market Rebound
After a recent bout of heavy sell-offs, both gold and silver have recovered sharply, with gold gains driven by renewed investor confidence and technical buying across futures markets.
Global Safe-Haven Demand
Silver breached record levels in some segments and gold continues to trade with strong safe-haven appeal as traders reposition after volatility, despite pressures such as higher interest rate expectations and currency movements.
Domestic Influences
Bullion traders in India remain cautious but responsive to global price trends, import duty expectations, and broader economic policies that can impact gold and silver flows into the market.
Key Takeaways for Investors & Buyers
Gold is trending higher after recent corrections, especially for 24K.
Silver’s rally continues, offering strong returns compared to recent lows.
City-wise prices help buyers compare rates before purchasing jewellery or investment bars.
Prices are indicative and may vary slightly at jewellers due to GST, making charges, TCS, and local market conditions.