Gold and silver prices in India have once again witnessed a sharp rise today, February 5, 2026. The price of 24K gold per 10 grams is hovering around ₹1,59,000 to ₹1,60,000, while 22K gold is priced between ₹1,40,000 and ₹1,47,000. Silver, on the other hand, continues to sparkle, trading around ₹3,00,000 per kilogram in retail markets. Experts say the rise is due to global market volatility and increased festive demand.
| Metal | Purity / Unit | Rate (₹) | Notes |
|---|---|---|---|
| Gold | 24K / 10 g | 1,59,000–1,60,000 | Retail average India-wide |
| Gold | 22K / 10 g | 1,40,000–1,47,000 | Jewelers may vary city-wise |
| Gold | 18K / g | 11,500–12,250 | City & making charges apply |
| Silver | 1 kg / Retail | 3,00,000–3,20,000 | Local market & taxes affect |
| Silver | 1 kg / MCX | ~2,44,000 | Spot / futures trading rates |
24K Gold Price Today:
The price of 24K pure gold has surged to nearly ₹1,60,000 per 10 grams, marking a steady upward trend from last week’s rate.
22K Gold Market Rate:
22K gold, widely preferred for jewelry, is priced between ₹1,40,000 and ₹1,47,000, influenced by import duty and local demand.
Silver Price Update:
Silver has seen a significant increase, with current rates hovering around ₹3,00,000 to ₹3,20,000 per kilogram in major Indian cities.
Reason Behind the Price Hike:
Analysts attribute this surge to fluctuations in global gold prices, weakening of the rupee, and high demand in the bullion market.
City-Wise Variation:
Gold and silver rates differ across cities like Delhi, Mumbai, Chennai, and Kolkata due to transportation and local taxes.
Conclusion
Gold and silver prices continue to show an upward trajectory in India. Investors are advised to track daily updates before making purchases. The ongoing global uncertainty and domestic market demand may keep precious metals shining in the coming days.
Disclaimer
The above gold and silver rates are indicative and based on average retail prices across major Indian cities. Actual rates may vary depending on location, jeweler, and market conditions. Readers are advised to verify prices with their local dealers before making investment or purchase decisions.