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 Today (February 6, 2026): Rates for 24K, 22K & 18K Across Major Indian Cities

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:

  • 24K gold: Rs 15,441 per gram

  • 22K gold: Rs 14,154 per gram

  • 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:

  • Spot gold fell by $137.32 (2.77%) to $4,826.99 per ounce.

  • 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:

  • A stronger US dollar

  • Dovish remarks from Federal Reserve officials

  • 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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