Gold Rate Today 8 February 2026 remains unchanged as markets are closed for the weekend. Spot prices are holding at elevated levels following yesterday’s significant surge of ₹2,890 per 10 grams.
In Mumbai, Bangalore, and Hyderabad, 24K gold (99.9% pure) is priced at ₹1,56,600 per 10 grams, while 22K gold stands at ₹1,43,550. Delhi shows slightly higher rates at ₹1,56,750 for 24K gold. Chennai continues to command premium pricing at ₹1,57,310 per 10 grams for pure gold.
MCX gold futures for April 2026 last traded around ₹1,55,505 per 10 grams before markets closed. The recent rally follows a 12% correction from January’s peak of ₹1.79 lakh, triggered by Budget 2026 announcements.
Market analysts attribute the current rebound to a weakening US Dollar and profit-booking activity. Investors are closely monitoring these levels as potential entry points after the sharp correction.
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Remember, quoted prices exclude GST (3% on gold), making charges (typically 6-14% of gold value), and local taxes, which vary by city.
Markets will resume trading on Monday, February 9, 2026.
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.
