New Delhi: As of today (Saturday, February 7), gold prices in India are trading at ₹15,370 per gram for 24-carat gold, ₹14,089 per gram for 22-carat gold, and ₹11,527 per gram for 18-carat gold (commonly referred to as 999 gold). Gold continues to be widely regarded as a reliable hedge against inflation, making it a preferred choice for both long-term investors and retail buyers seeking stability in volatile markets.

Meanwhile, silver prices in India today are recorded at ₹274.90 per gram and ₹2,74,900 per kilogram. Similar to gold, silver rates are influenced by a combination of global market trends, currency fluctuations, and domestic as well as international demand for the precious metal.

Investors note that currency movements, particularly the strength or weakness of the Indian rupee against the US dollar, play a crucial role in determining domestic silver and gold rates. A weakening rupee often pushes precious metal prices in India higher, even when international rates remain stable.

In addition, global economic developments, geopolitical tensions, and industrial demand continue to influence silver prices, while gold maintains its position as a safe-haven asset during periods of market uncertainty. Analysts advise that short-term price fluctuations are normal, and understanding broader trends can help investors make well-timed investment decisions.

For those tracking the latest gold and silver rates in India, staying informed with daily updates from reputed jewellers and official bullion market sources is essential. Monitoring 24-carat, 22-carat, and 18-carat gold prices, alongside current silver rates, allows investors to plan purchases strategically, capitalise on short-term market dips, and secure profitable investments.

Key factors influencing gold prices in India

  • Currency fluctuations: The value of the Indian rupee against the US dollar is a major determinant of domestic gold prices. A weaker rupee increases the cost of imported gold in local currency, typically driving rates higher, while a stronger rupee can moderate price movements.
  • Demand and supply: Domestic and global demand heavily influence gold prices. High demand periods—such as weddings, festivals, or investment surges—push prices up, whereas low demand can exert downward pressure on rates.
  • Global market trends: International economic conditions, geopolitical tensions, and the strength of the US dollar impact gold rates in India. Economic slowdowns, trade disputes, or political instability often drive investors toward gold as a safe-haven asset.
  • Price movements and market sentiment: Sustained price increases may reduce domestic consumption, while declining rates can stimulate buying. Investor sentiment and market behaviour are key factors behind short-term price fluctuations.
  • Interest rates: Rising interest rates in major economies, particularly the US, can lower gold’s appeal as an investment, reducing prices. Conversely, lower interest rates increase gold’s attractiveness relative to other assets.
  • Government policies: Domestic regulations, such as import duties or measures to curb gold consumption to manage the current account deficit, can influence prices. Investors and traders closely monitor such policy announcements.

Why investors track gold and silver prices daily

Monitoring the latest gold rates in India and silver price updates is crucial for both first-time and seasoned investors. By keeping track of 24-carat, 22-carat, and 18-carat gold prices across major cities, buyers can:

  • Identify the best time to purchase based on short-term market dips.
  • Compare rates across multiple jewellers to ensure fair and accurate pricing.
  • Strategically plan investments in physical gold, gold coins, bars, or ETFs.
  • Minimise risk while leveraging global market trends that influence precious metal prices.

With gold and silver remaining vital for long-term wealth protection and portfolio diversification, staying updated with daily precious metal prices in India is essential. Accurate, timely information enables investors to make secure, profitable, and well-informed decisions for both personal investment and broader financial portfolio management.

Gold price in major Indian cities (Per Gram) -February 7, 2026, Saturday

City24K Gold22K Gold18K Gold
Chennai₹15,545₹14,249₹12,199
Mumbai₹15,370₹14,089₹11,527
Delhi₹15,385₹14,104₹11,542
Kolkata₹15,431₹14,145₹11,573
Bangalore₹15,431₹14,145₹11,573
Hyderabad₹15,431₹14,145₹11,573
Thiruvananthapuram₹15,431₹14,145₹11,573
Pune₹15,431₹14,145₹11,573
Vadodara₹15,436₹14,150₹11,578
Ahmedabad₹15,436₹14,150₹11,578

Silver prices in India today

Silver prices in India today, January 22, are somewhat stable, tracking firm international cues and domestic currency movements. The precious metal is currently trading at ₹325 per gram and ₹3.25 lakh per kilogram, reflecting steady industrial demand and fluctuations in the Indian rupee against the US dollar.

Market analysts note that a weaker rupee tends to drive silver prices higher, even when international rates remain stable. This is because India imports a significant portion of its silver, making domestic prices sensitive to currency movements.

In addition to currency effects, global economic signals are closely watched by investors and traders. Silver, often regarded as both an investment asset and an industrial commodity, tends to mirror broader trends in commodities, manufacturing activity, and global demand.

The combination of strong industrial demand, currency volatility, and global market trends has supported the upward movement in silver rates in India today. Investors and buyers tracking the latest silver price in India are advised to monitor daily updates and compare rates across multiple sources to make informed decisions.

Experts also recommend keeping an eye on international silver prices, as fluctuations in major markets such as London and New York can directly impact domestic pricing. Understanding these trends helps both individual investors and traders plan purchases, hedge risks, and capitalise on short-term market movements.

With silver remaining a key asset for portfolio diversification and wealth preservation, staying informed about the daily silver price in India is essential for those looking to invest in precious metals, whether in physical form, coins, bars, or ETFs.

Silver prices in major Indian cities – January 22, 2026

City10 g100 g1 Kg
Chennai₹2,850₹28,500₹2,85,000
Mumbai₹2,850₹28,500₹2,85,000
Delhi₹2,850₹28,500₹2,85,000
Kolkata₹2,850₹28,500₹2,85,000
Bangalore₹2,850₹28,500₹2,85,000
Hyderabad₹2,850₹28,500₹2,85,000
Thiruvananthapuram₹2,850₹28,500₹2,85,000
Pune₹2,850₹28,500₹2,85,000
Vadodara₹2,850₹28,500₹2,85,000
Ahmedabad₹2,850₹28,500₹2,85,000