Gold Rate Today 7 February 2026: Gold prices in India witnessed a significant recovery today, with 24-karat gold trading between ₹1,53,700 and ₹1,56,800 per 10 grams across major cities.
Chennai recorded the highest rates at ₹1,55,450 for 24K gold, while Mumbai, Kolkata, Bangalore, Hyderabad, and Pune quoted ₹1,53,700. Delhi and Ahmedabad stood marginally higher at ₹1,53,850 and ₹1,53,750 respectively.
For 22-karat gold, Chennai leads at ₹1,42,490 per 10 grams, followed by Delhi at ₹1,41,040. Most other metros are aligned around ₹1,40,890.
The uptick comes after intense profit-booking following record highs above ₹1.80 lakh in late January. The MCX gold futures contract for April 2026 has stabilized near ₹1,53,710, signaling market consolidation.
Silver remains steady at approximately ₹2,749 per 10 grams across major cities.
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Market experts attribute today’s recovery to renewed buying interest at corrected levels and safe-haven demand amid global uncertainties. The current dip may present opportunities for both retail buyers and long-term investors looking to enter the market.
Disclaimer: These rates are indicative and do not include GST, TCS, or making charges. Prices vary daily based on international trends, rupee fluctuations, and local demand. Please consult a local jeweler for the final purchase price.
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
