Gold Silver Price Today: Gold prices are continuously falling. On Saturday, prices fell for the third consecutive day. On the morning of February 7, the price of 24-carat gold in Delhi fell to ₹153,850 per 10 grams. In Mumbai, the price fell to ₹153,700 per 10 grams. In the international market, the spot price of gold is $4887.30 per ounce.
Gold rates in some major Indian cities: In Delhi, the price of 24-carat gold is ₹153,850 per 10 grams. The price of 22-carat gold is ₹141,040 per 10 grams.
Mumbai, Chennai and Kolkata: Currently, in Mumbai, Chennai and Kolkata, the price of 22-carat gold is ₹140,890 per 10 grams, while the price of 24-carat gold is ₹153,700 per 10 grams.
Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹154,410 per 10 grams and the price of 22-carat gold is ₹140,890 per 10 grams.
JP Morgan has predicted that gold prices will reach $6300 per ounce by the end of the year. This is due to the demand of central banks and investors. It is estimated that the purchase of gold by central banks may reach 800 tonnes in 2026.
price of silver
The prices of another precious metal, silver, are also seeing a continuous decline. On the morning of 7 February, the price fell to ₹274,900 per kg. On January 30, the price of silver was more than ₹400,000. In overseas markets, the spot price is $74 per ounce.
Kunal Shah, Vice President and Head of Commodities Research, Nirmal Bang Securities, says that the bullish phase of silver is over for now. Any increase in prices should be used to sell, not to buy. Due to extreme and unpredictable fluctuations, trading in this metal has become almost impossible.
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