Gold Prices Today (February 6, 2026): Rates for 24K, 22K & 18K Across Major Indian Cities
On February 6, 2026, gold prices in India slipped again amid volatility, with 24K at Rs 15,441 per gram, 22K at Rs 14,154, and 18K at Rs 11,581. Rates across major cities like Delhi, Mumbai, Chennai, and Hyderabad showed similar trends. Internationally, spot gold fell below $4,900 per ounce after briefly crossing $5,000. Analysts cite a stronger dollar, Fed commentary, and weaker safe-haven demand as key drivers of the decline.
Gold prices in India have once again turned volatile after a brief rebound. Following three straight days of decline, prices had surged for two sessions before reversing downward. The weakness coincides with the RBI’s Monetary Policy Committee (MPC) meeting, a key event closely tracked by bullion traders and investors.
Current Gold Prices in India
As of Friday, February 6, physical gold prices are:
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24K gold: Rs 15,441 per gram
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22K gold: Rs 14,154 per gram
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18K gold: Rs 11,581 per gram
On the MCX, gold futures slipped by Rs 189 (0.12%) to Rs 1,52,260 per 10 grams on February 5, reflecting muted trade after fluctuations.
Gold Rates Across Major Cities (per 10 grams)
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Delhi | Rs 154,570 | Rs 141,700 | Rs 115,970 |
| Mumbai | Rs 154,420 | Rs 141,550 | Rs 115,820 |
| Chennai | Rs 156,220 | Rs 143,200 | Rs 122,500 |
| Kolkata | Rs 154,420 | Rs 141,550 | Rs 115,820 |
| Lucknow | Rs 154,570 | Rs 141,700 | Rs 115,970 |
| Hyderabad | Rs 154,420 | Rs 141,550 | Rs 115,820 |
| Bangalore | Rs 154,420 | Rs 141,550 | Rs 115,820 |
| Ahmedabad | Rs 154,470 | Rs 141,600 | Rs 115,870 |
| Jaipur | Rs 154,570 | Rs 141,700 | Rs 115,970 |
| Patna | Rs 154,470 | Rs 141,600 | Rs 115,870 |
(Similar rates apply across Gurugram, Noida, Chandigarh, Pune, Nagpur, Nashik, Guwahati, Indore, Vadodara, Bhubaneswar, Kerala, Raipur, Ludhiana, and Meerut.)
International Gold Market Trends
Globally, bullion markets also witnessed a sharp pullback:
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Spot gold fell by $137.32 (2.77%) to $4,826.99 per ounce.
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Comex gold dropped by $80 (1.61%) to $4,870.9 per ounce.
This comes just a day after prices had crossed the $5,000-per-ounce psychological mark, making the reversal more dramatic.
Expert Insights
Analysts attribute the decline to multiple global factors:
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A stronger US dollar
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Dovish remarks from Federal Reserve officials
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Reduced demand for safe-haven assets
Saumil Gandhi, Senior Analyst at HDFC Securities, noted that these cues triggered the sudden weakness in gold prices.
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