Gold Price Today, 7 February 2026: Gold prices in India continued their downward move on Friday, marking a second straight session of losses as investors locked in profits following the recent rebound. The precious metal dropped from earlier this week’s levels due to new selling pressure in a cautious market.
Gold Price Today (7 February 2026)
- 24K Gold: ₹15,371 per gram
- 22K Gold: ₹14,090 per gram
- 18K Gold: ₹11,528 per gram
- Prices declined notably from yesterday, with 24K down ₹71, 22K down ₹65, and 18K down ₹54 per gram.
- MCX Gold (Feb 2026) futures traded lower near ₹1,53,710 per 10 grams, slipping below the previous day’s consolidation.
Gold Rate Today: Profit-Booking Weighs on Market
- 24K Gold yesterday: ₹15,442 per gram (-₹71 today)
- 22K Gold yesterday: ₹14,155 per gram (-₹65 today)
- As traders take profits from the midweek rise, the decline shows a purposeful retreat.
- The absence of fresh bullish triggers and a slight firming of the US Dollar contributed to the selling.
- Support levels set following the post-Budget rebound are currently being tested by the market.
Gold Price Today: MCX Gold & Silver Prices in India
- MCX Gold Futures (Feb 2026): ₹1,53,710 per 10g
- MCX Silver Futures (Feb 2026): At ₹29,990 per kg, showing continued weakness.
Both metals faced selling pressure, though gold’s decline was more measured.
Gold Prices in Mumbai
- 24K Gold: ₹15,371 per gram
- 22K Gold: ₹14,090 per gram
- 18K Gold: ₹11,528 per gram
Price decrease from yesterday is ₹71 (24K), ₹65 (22K), and ₹54 (18K).
Gold Rate Today in Delhi
- 24K Gold: ₹15,386 per gram
- 22K Gold: ₹14,105 per gram
- 18K Gold: ₹11,543 per gram
The capital city traded at a slight premium, though it mirrored the downward trend.
Gold Prices in Kolkata
- 24K Gold: ₹15,371 per gram
- 22K Gold: ₹14,090 per gram
- 18K Gold: ₹11,528 per gram
Prices in Kolkata were aligned with Mumbai, showing uniform market behaviour.
Gold Prices in Chennai
- 24K Gold: ₹15,546 per gram
- 22K Gold: ₹14,250 per gram
- 18K Gold: ₹12,200 per gram
Chennai maintained its characteristic premium structure across all purities.
Gold Rate in Bengaluru
- 24K Gold: ₹15,371 per gram
- 22K Gold: ₹14,090 per gram
- 18K Gold: ₹11,528 per gram
Trading volumes were moderate as participants reacted to the price drop.
Gold Price City-Wise (₹/gram)
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Mumbai | ₹15,371 | ₹14,090 | ₹11,528 |
| Delhi | ₹15,386 | ₹14,105 | ₹11,543 |
| Kolkata | ₹15,371 | ₹14,090 | ₹11,528 |
| Bengaluru | ₹15,371 | ₹14,090 | ₹11,528 |
| Chennai | ₹15,546 | ₹14,250 | ₹12,200 |
| Hyderabad | ₹15,371 | ₹14,090 | ₹11,528 |
| Kochi | ₹15,371 | ₹14,090 | ₹11,528 |
| Pune | ₹15,371 | ₹14,090 | ₹11,528 |
| Ahmedabad | ₹15,376 | ₹14,095 | ₹11,533 |
24K Gold Price Country-Wise (per 10g)
| Country | Price (Local Currency) | Price (INR Equivalent) |
|---|---|---|
| United States | $1,620 | ₹1,46,590 |
| Singapore | SGD 2,115 | ₹1,50,510 |
| United Arab Emirates | AED 5,975 | ₹1,47,270 |
| United Kingdom | £1,171 | ₹1,44,300 |
| Saudi Arabia | SAR 6,080 | ₹1,46,700 |
| Qatar | QAR 5,905 | ₹1,46,610 |
| Kuwait | KWD 492.50 | ₹1,45,830 |
| Bahrain | BHD 606 | ₹1,45,520 |
| Australia | AUD 2,448 | ₹1,55,610 |
| Canada | CAD 2,212.50 | ₹1,46,750 |
| Pakistan | PKR 4,50,110 | ₹1,45,530 |
| Nepal | NPR 2,57,206.10 | ₹1,60,430 |
| China | CNY 10,461 | ₹1,36,400 |
Gold Rate in India for Last 10 Days (1 Gram)
| Date | 24K Gold | 22K Gold |
|---|---|---|
| 07 Feb, 2026 | ₹15,371 | ₹14,090 |
| 06 Feb, 2026 | ₹15,441 | ₹14,154 |
| 05 Feb, 2026 | ₹15,442 | ₹14,155 |
| 04 Feb, 2026 | ₹15,944 | ₹14,615 |
| 03 Feb, 2026 | ₹15,393 | ₹14,110 |
| 02 Feb, 2026 | ₹15,317 | ₹14,040 |
| 01 Feb, 2026 | ₹16,058 | ₹14,720 |
| 31 Jan, 2026 | ₹16,058 | ₹14,720 |
| 30 Jan, 2026 | ₹16,920 | ₹15,510 |
| 29 Jan, 2026 | ₹17,885 | ₹16,395 |
Gold Pulls Back as Rally Loses Steam
International gold prices retreated in sync with the Indian market, as the rally that began earlier in the week lost momentum. The pullback was attributed to profit-taking by short-term traders and a slight recovery in US Treasury yields, which reduced the appeal of non-yielding bullion. Analysts noted that the metal failed to break through a key resistance level, triggering the sell-off. However, the decline was seen as orderly and within the bounds of a healthy correction.
Is the Recovery Over or Just Pausing?
The current dip is testing the resilience of the recovery that lifted gold from its post-Budget lows. Market technicians are watching to see if the price can hold above the ₹1.53 lakh per 10g level on the MCX. A sustained break below could signal a retest of recent lows. However, many view this as a necessary consolidation phase that allows the market to gather strength for its next move. Underlying support from geopolitical tensions and physical demand during the wedding season is expected to cushion any sharp falls. The upcoming US jobs data will be a key determinant of short-term direction.
