Gold, Silver Prices in India
Gold and Silver Price Shine Again: How Trade Talks, RBI Moves, and Global Cues Are Shaping Gold and Silver
Gold Prices hold on MCX Amid: Gold, meanwhile, is walking a tightrope. MCX gold futures are hovering around ₹1,53,710 per 10 grams, reflecting recent volatility even as weekend trading remains shut. The April 2026 contract last settled about 0.89% lower at ₹1,52,071, as traders booked profits after the RBI kept interest rates steady at 5.25%. In the physical market, 24K gold continues to glitter near ₹1,53,700 per 10 grams. With trading set to resume on Monday, February 9, all eyes are on whether gold regains momentum-or plays it safe a little longer.
Silver Futures Trumbles on MCX: Silver had a rough ride on MCX, sliding sharply on February 7, 2026. The March 2026 contract is trading near ₹2,49,499 per kg after a dramatic 4%–8.3% plunge in the previous session, when prices hit an intraday low of ₹2,29,187 per kg. The trigger? The RBI pressing pause on rate cuts by keeping the repo rate unchanged, dashing hopes of easier liquidity. Add a stronger US dollar and global prices slipping to $63.90 per ounce, and silver futures felt the full heat. Interestingly, while paper prices cracked, physical silver is still holding its shine at around ₹2,74,900 per kg.
| City | 24K Gold Price | 22K Gold Price |
|---|---|---|
| Chennai | ₹1,55,450 | ₹1,42,490 |
| Mumbai | ₹1,53,700 | ₹1,40,890 |
| Delhi | ₹1,53,850 | ₹1,41,040 |
| Kolkata | ₹1,53,700 | ₹1,40,890 |
| Bangalore | ₹1,53,700 | ₹1,40,890 |
| Hyderabad | ₹1,53,700 | ₹1,40,890 |
| Kerala | ₹1,53,700 | ₹1,40,890 |
| Pune | ₹1,53,700 | ₹1,40,890 |
| City | 1kg Silver |
|---|---|
| Chennai | ₹2,53,197 |
| Mumbai | ₹2,53,197 |
| Delhi | ₹2,53,197 |
| Kolkata | ₹2,53,197 |
| Bangalore | ₹2,53,197 |
| Hyderabad | ₹2,53,197 |
| Kerala | ₹2,53,197 |
| Pune | ₹2,53,197 |
| Country | Local Currency (1g) | Exchange Rate (to 1 INR) | Price in INR |
|---|---|---|---|
| Dubai (UAE) | AED 597.50 | ₹24.66 | ₹14,734 |
| United States | USD 162.00 | ₹90.58 | ₹14,674 |
| Canada | CAD 221.25 | ₹66.26 | ₹14,660 |
| Ireland | EUR 138.76 | ₹107.00 | ₹14,847 |
| Bangladesh | BDT 6,905 | ₹0.74 | ₹5,110 |
| Pakistan | PKR 45,011 | ₹0.32 | ₹14,404 |
(With Inputs from good returns and mcx)
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Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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