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Gold Price Crash: Gold prices are decreasing due to these 3 reasons? What do experts say about investing in the future; take notes
Samira Vishwas | February 6, 2026 5:24 PM CST

Gold Rate Crash | Gold Rate Today| Today’s Gold Price Gold Prices Crash Today 06 February: The prices of gold and silver, which have been the first and second choice of investors for the last few months, are now surprising people. Apart from the international level, gold and silver prices in India also declined for the second consecutive day. A big fall was recorded in the prices of gold and silver early in the morning on Friday (February 06, 2026). On MCX, silver for March delivery is trading at Rs 2.29 per kg, down by about Rs 15 thousand. Earlier, gold for April delivery had fallen by Rs 1800 to Rs 1.50 lakh per 10 grams. Talking about international markets, on Friday, spot gold increased by 0.4 percent to $ 4,790.80 an ounce.

Gold prices fell in America also

Talking about America, gold futures deals for April delivery were down by 1.7 percent at $ 4,806.50 an ounce. Spot silver remained almost stable at $ 71.32 an ounce on Friday after a huge fall of 19.1 percent in the previous session. Along with gold, the price of silver has fallen by 10 percent. With this, the price of silver had gone below the level of $ 65 per ounce.

Reason-1

Thursday (February 05, 2026) The dollar has again reached its two-week higher level. According to experts, whenever the dollar strengthens, the prices of metals like gold and silver fall. This reduces prices.

Reason-2
At present there is peace at the international level. Iran and America are moving towards an agreement, while the hostilities between Ukraine and Russia have reduced. In such a situation, the prices of gold and silver have decreased.

Reason-3
Experts believe that after the trade deal between India and America, the tension at the international level has reduced somewhat. Meanwhile, the impact of the conversation between US President Donald Trump and Chinese President Xi Jinping is also visible on the commodity market. After talking with Xi Jinping, President Trump said that he has a good relationship with the Chinese President. In such a situation, the situation has improved at the international level.

Gold price in your city (as per good returns)

Gold price in Delhi (per 10 grams)

Rs 1,54,560 (24 carat)
Rs 1,41,690 (22 carat)
Rs 1,15,960 (18 carat)

Gold price in Mumbai (per 10 grams)

Rs 1,52,350 (24 carat)
Rs 1,39,650 (22 carat)
Rs 1,14,260 (18 carat)

Gold price in Chennai (per 10 grams)

Rs 1,54,040 (24 carat)
Rs 1,41,200 (22 carat)
Rs 1,21,000 (18 carat)

Gold price in Kolkata (per 10 grams)

Rs 1,52,350 (24 carat)
Rs 1,39,650 (22 carat)
Rs 1,14,260 (18 carat)

Gold price in Ahmedabad (per 10 grams)

Rs 1,52,400 (24 carat)
Rs 1,39,700 (22 carat)
Rs 1,14,310 (18 carat)

Gold price in Lucknow (per 10 grams)

Rs 1,52,500 (24 carat)
Rs 1,39,800 (22 carat)
Rs 1,14,410 (18 carat)

Gold price in Patna (per 10 grams)

Rs 1,52,400 (24 carat)
Rs 1,39,700 (22 carat)
Rs 1,14,310 (18 carat)

Gold price in Hyderabad (per 10 grams)

Rs 1,52,350 (24 carat)
Rs 1,39,650 (22 carat)
Rs 1,14,260 (18 carat)

Gold price also fell in Delhi-Mumbai

After the fall on Friday, to get 24 carat gold in the country’s capital Delhi, one has to pay Rs 1,23,648 for 8 grams, while for 22 carat standard gold 8 grams, one has to pay Rs 1,13,352. At the same time, in the country’s financial capital Mumbai, you will have to pay Rs 1,23,528 for 8 grams of 24 carat pure gold, while 22 carat standard gold will cost Rs 1,13,232 for 8 grams.

Prices increased in Chennai and Hyderabad also

On the other hand, in Chennai, the capital of the important southern state of Tamil Nadu, one will have to pay Rs 1,14,552 for 8 grams of 22 carat standard gold, while Rs 1,24,968 will have to be paid for 8 grams of 24 carat pure gold. In Hyderabad, the capital of Andhra Pradesh, one will have to pay Rs 1,13,232 for 8 grams of 22 carat i.e. standard gold, while Rs 1,23,528 will have to be paid for 8 grams of 22 carat pure gold.

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