Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold rate falls 3%, silver prices crash 6% after Budget presentation

Gold, Silver Price Today in Chennai, Hyderabad, Mumbai, Delhi, Kolkata Live Updates: As of February 2, Gold price in India today is Rs 15,153 per gram for 24 karat gold, Rs 13,890 per gram for 22 karat gold and Rs 11,365 per gram for 18 karat gold.

On a monthly basis, gold gained Rs 27,800, or 20.2 per cent in January, from Rs 1,37,700 per 10 grams at the end of last year. (Pixabay)

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold rate saw a drop of 3 per cent, and silver prices of 6 per cent after Union Finance Minister Nirmala Sitharaman presented the Union Budget Sunday. Gold prices continued to slump again, trading at Rs 143,321 per 10 grams, down 3 per cent.

Silver Price per gram/kg in India (INR) on February 2: The price of silver in India today, on Monday, February 2, is ₹300 per gram and ₹3,00,000 per kilogram, reflecting a notable decline from the recent level. It has experienced a notable decline over the last two sessions, dropping by nearly Rs 60,000 per kg from its record highs, marking one of the steepest short-term corrections in recent times.

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Gold crashes to Rs 1.36 lakh on MCX on Union Budget day: Gold prices continued to decline on Sunday, with 24-carat gold on the MCX falling to Rs 1,36,185 per 10 grams, as Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 in Parliament. The precious metal had opened the session at Rs 1,46,800 per 10 grams, reflecting sustained selling pressure and sharp intra-day swings. Gold had witnessed sharp volatility, falling around 5.4 per cent on Saturday to Rs 1,69,470 per 10 grams for 24 carat. In international markets, gold prices declined by over 9 per cent to USD 4,887 per ounce. Gold gained Rs 27,800, or 20.2 per cent, in January, from Rs 1,37,700 per 10 grams at the end of last year.

Live Updates

Feb 2, 2026 10:12 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Here's what happened in global market

In the global market, gold and silver mirrored the bearish trend, with spot yellow metal slipping USD 83.75, or 1.72 per cent, to USD 4,781.60 per ounce.

"Spot gold began the week on a negative note and continue to reel under intense selling pressure, driven by firm dollar and President Trump's nomination of Kevin Warsh as the next Fed Chair," Praveen Singh, Research Analyst, Mirae Asset Sharekhan, said.

Spot silver prices also slipped USD 1.2, or 1.42 per cent, to USD 83.49 per ounce in the overseas trade. "Market participants will focus on developments in Middle East, alongside monetary policy decisions from Europe, the UK, and India," Saumil Gandhi, Senior Analyst, Commodities at HDFC Securities, said.

On the economic front, traders will also monitor US key data releases, including non-farm payrolls, the unemployment rate, and speeches from several Federal Reserve officials, are expected to influence the precious metals market this week, he added.

PTI

Feb 2, 2026 09:27 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Budget delivered no changes to gold, silver import duties

Gaurav Garg, Research Analyst at Lemonn Markets Desk, said, the Union Budget 2026-27 delivered no changes to gold and silver import duties in the domestic markets, contrary to market expectations, removing a potential near-term catalyst for prices in the country.

In the global market, gold and silver mirrored the bearish trend, with spot yellow metal slipping USD 83.75, or 1.72 per cent, to USD 4,781.60 per ounce.

PTI

Feb 2, 2026 08:46 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold price crashed by Rs 12, 800

Gold price of 99.9 per cent purity also bore the brunt of the sell-off, crashing by Rs 12,800, or 7.73 per cent, to Rs 1,52,700 per 10 grams (inclusive of all taxes) on Monday. It had settled at Rs 1,65,500 per 10 grams in the previous session.

Over the last three sessions, the metal has plunged Rs 30,300, or nearly 17 per cent, from its record high of Rs 1,83,000 per 10 grams on January 29, as investors rushed to book profits after a sharp rally.

"Gold and silver languished after the US dollar surged amidst President Donald Trump's tariff negotiations, and de-escalation between US and Iran with US shutdown fears also being delayed once again with a liquidity push," said Manav Modi, Analyst, Commodities at Motilal Oswal Financial services Ltd.

PTI

Feb 2, 2026 08:00 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Silver slides for 3rd straight day to Rs 2.6 lakh/kg; gold drops to Rs 1.52 lakh/10g

Silver prices extended its steep fall for the third straight day, tumbling Rs 52,000 to Rs 2.60 lakh per kg in the national capital on Monday, while gold fell to Rs 1.52 lakh per 10 grams amid weak global trends and a firm US dollar.

According to the All India Sarafa Association, the white metal nosedived Rs 52,000, or nearly 17 per cent, to Rs 2,60,000 per kilogram (inclusive of all taxes). On Saturday, the metal tanked 19 per cent, or Rs 72,500, to Rs 3.12 lakh per kilogram.

In the last three sessions, silver prices have fallen Rs 1,44,500, or nearly 36 per cent from Rs 4,04,500 per kg -- its all-time high -- recorded on January 29.

PTI

Feb 2, 2026 06:47 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Check Gold, Silver closing rates

Mumbai Bullion Closing Rates: Closing Rates Silver Spot (in Rs per Kilo): 2,59,500.00

Standard Gold (99.5): 1,48,150.00 PURE GOLD

(99.9) : 1,48,746.00

PTI

Feb 2, 2026 05:43 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold, silver, oil, copper see sharp losses in global market

In the global front, commodities markets slumped on Monday, led by deep losses in gold, silver, oil and industrial metals, as a selloff unleashed by President Donald Trump's choice of Kevin Warsh for the next U.S. Fed chair sent precious metals tumbling for a second session.

Losses spilled over into equity markets as investors ditched other assets to cover any precious metals losses. Global stocks fell for a third straight day, led by steep declines across Asia and in Europe, where basic resources stocks came under heavy fire.

Gold slid 5% to its lowest in more than two weeks, while silver fell more than 7%. Both metals hit records last week.

Reuters

Feb 2, 2026 05:14 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Here's Gold/Silver rates today

Credit: Bullions.co.in

Feb 2, 2026 04:11 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates:Volatility in gold prices because of global uncertainty, says Nirmala Sitharaman

Volatility in gold prices exists because of global uncertainty, shows investors do not have confidence in any particular currency, says Finance Minister Nirmala Sitharaman

Feb 2, 2026 02:40 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Stocks slide as silver rout unleashes hefty selling

Gold, Silver Today Rate, 2 February 2026 Live Updates: Global shares fell on Monday, as a sudden, massive selloff in precious metals forced investors to ditch other assets to cover any losses, right ahead of a week packed with corporate earnings, central bank meetings and major economic data. Silver was headed for its biggest two-day loss since at least the 1980s, falling another 7% on top of Friday's 30% plunge. Dealers said pressure on a number of silver futures funds in China added to the rout late last week, which was exacerbated on Monday by the CME raising margins on a number of futures contracts, including silver and gold. Oil prices also fell more than 4% as President Donald Trump said over the weekend Iran was "seriously talking" with Washington, perhaps lessening the ‍risk of ⁠a U.S. military strike on the country.

- Reuters

Feb 2, 2026 01:55 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Silver Price Today in Major Indian Cities

Gold, Silver Today Rate, 2 February 2026 Live Updates:

Silver Price Today in Major Indian Cities

Indian City	Silver Price Today - 10 gram	Silver Price Today - 100 gram	Silver Price Today - 1000 gram / 1Kg
Chennai	3,199	31,990	3,19,900
Mumbai	3,000	30,000	3,00,000
Delhi	3,000	30,000	3,00,000
Kolkata	3,000	30,000	3,00,000
Bangalore	3,000	30,000	3,00,000
Hyderabad	3,199	31,990	3,19,900
Kerala	3,199	31,990	3,19,900
Pune	3,000	30,000	3,00,000
Vadodara	3,000	30,000	3,00,000
Ahmedabad	3,000	30,000	3,00,000
Jaipur	3,499	34,990	3,49,900
Lucknow	3,499	34,990	3,49,900
Patna	3,499	34,990	3,49,900
Chandigarh	3,499	34,990	3,49,900
Surat	3,499	34,990	3,49,900
Bhubaneswar	3,199	31,990	3,19,900

Source: Good Returns

Feb 2, 2026 01:14 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Silver Price per gram/kg in India (INR) on February 2

Gold, Silver Today Rate, 2 February 2026 Live Updates: The price of silver in India today, on Monday, February 2, is ₹300 per gram and ₹3,00,000 per kilogram, reflecting a notable decline from the recent level.

Gram	Silver Price Today (in INR)	Silver Price Yesterday (in INR)	Change in Silver Price (in INR)
1 gram	₹349.90	₹350	−₹50
8 grams	₹2,799.20	₹2800	−₹400
10 grams	₹3,499	₹3500	−₹500
100 grams	₹34,990	₹35,000	−₹5000
1000 grams/1 kg	₹3,49,900	₹3,50,000	−₹50000

Source: Good Returns

Feb 2, 2026 12:26 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Carat-Wise Gold Rate Per Gram in India (INR)

Gold, Silver Today Rate, 2 February 2026 Live Updates:

Gold Price Today in Major Indian Cities (Per Gram)

Indian City	24K Gold Rate Today	22K Gold Rate Today	18K Gold Rate Today
Chennai	₹15,218	₹13,950	₹12,000
Mumbai	₹15,153	₹13,890	₹11,365
Delhi	₹15,168	₹13,905	₹11,380
Kolkata	₹15,153	₹13,890	₹11,365
Bangalore	₹15,153	₹13,890	₹11,365
Hyderabad	₹15,153	₹13,890	₹11,365
Kerala	₹15,153	₹13,890	₹11,365
Pune	₹15,153	₹13,890	₹11,365
Vadodara	₹15,158	₹13,895	₹11,370
Ahmedabad	₹15,158	₹13,895	₹11,370

Source: GoodReturns

Feb 2, 2026 12:09 PM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold, silver selloff deepens after CME hikes margins

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold and silver extended falls on Monday after CME Group raised margin requirements following a sharp selloff in precious metals last week on U.S. President Donald Trump's nomination of Kevin Warsh to be the next Federal Reserve chair. Spot gold logged its sharpest one-day drop since 1983 on Friday with a fall of more than 9%, and had lost a ‍further 3.6% ⁠to $4,686.51 per ounce by 0504 GMT. U.S. gold futures for April delivery were down 0.8% at $4,707.60 per ounce. Spot silver plunged 27% in the previous session in its worst daily fall on record and has lost an additional 6.7% to $78.96 an ounce on Monday. "The Warsh nomination, whilst likely being the initial trigger, did not justify the size of the downward move in precious metals, with forced ‌liquidations and margin increases having a cascading effect," said KCM Chief Trade analyst Tim Waterer.

- Reuters

Feb 2, 2026 11:50 AM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold stocks lead sell-off in Australian shares ahead of central bank meeting

Gold, Silver Today Rate, 2 February 2026 Live Updates: Australian shares clocked their steepest losses in two months on Monday, weighed down by precious and base metal miners, as investors turned cautious ahead of an expected rate hike by the central bank this week. The S&P/ASX 200 index ‍ended ⁠1% lower at 8,778.60 points, its lowest closing level since January 12. The benchmark gained 1.8% last month, its best since August 2025. Gold miners tumbled as much as 8.9% on Monday, their worst day in more than three months, with heavyweights Northern Star Resources and Evolution Mining ‌shedding 8% and 5%, respectively. Gold prices extended their rout following increases in CME precious metals margin requirements, with investors assessing the implications for monetary policy under Kevin Warsh, President Trump's pick to head the Federal Reserve.

- Reuters

Feb 2, 2026 11:33 AM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Carat-Wise Gold Rate Per Gram in India (INR)

Carat-Wise Gold Rate Per Gram in India (INR)

Carat	Gram	Gold Rate in India Today	Gold Rate in India Yesterday	Change
24 Carat	1	₹15,153	₹16,058	− ₹905
	8	₹1,21,224	₹1,28,464	− ₹7,240
	10	₹1,51,530	₹1,60,580	− ₹9,050
	100	₹15,15,300	₹16,05,800	− ₹90,500
22 Carat	1	₹13,890	₹14,720	− ₹830
	8	₹1,11,120	₹1,17,760	− ₹6,640
	10	₹1,38,900	₹1,47,200	− ₹8,300
	100	₹13,89,000	₹14,72,000	− ₹83,000
18 Carat	1	₹11,365	₹12,044	− ₹679
	8	₹90,920	₹96,352	− ₹5,432
	10	₹1,13,650	₹1,20,440	− ₹6,790
	100	₹11,36,500	₹12,04,400	− ₹67,900

Source: GoodReturns

Feb 2, 2026 10:54 AM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities

Gold, Silver Today Rate, 2 February 2026 Live Updates: After a recent rise, the gold rate saw a drop of 3 per cent after Union Finance Minister Nirmala Sitharaman presented the Union Budget on Sunday. It continued the downward trend and edged lower today as well, on Monday, February 2, 2026, across all purities today. The 24-karat gold, recognised for its purity and greater value, is mainly bought for investment purposes, whereas 22-karat and 18-karat gold are chiefly utilised in the creation of jewellery. 24K gold is priced at ₹15,153 per gram, reflecting a drop of ₹905. 22K gold now stands at ₹13,890 per gram, down by ₹830, while 18K gold is available at ₹11,365 per gram, marking a decrease of ₹679.

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Feb 2, 2026 10:40 AM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold price in India today

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold price in India today is Rs 15,153 per gram for 24 karat gold, Rs 13,890 per gram for 22 karat gold and Rs 11,365 per gram for 18 karat gold.

Source: GoodReturns

Feb 2, 2026 10:30 AM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Capital gains tax exemption on SGBs only when held from issuance to maturity

Gold, Silver Today Rate, 2 February 2026 Live Updates: The Union Budget for 2026-27 has proposed a tweak in the capital gains tax rule for the Sovereign Gold Bonds (SGBs) previously issued by the government, saying that they will be exempted from this tax only if they are “subscribed to by an individual at the time of original issue and are held continuously by such individual until redemption upon maturity”.

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Feb 2, 2026 10:07 AM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Silver Price per gram/kg in India (INR) on February 2

Read full article

Feb 2, 2026 08:55 AM IST

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold falls 1.5% on firm dollar, silver recovers from over three-week low

Gold, Silver Today Rate, 2 February 2026 Live Updates: Gold extended falls on Monday, pressured by a firm dollar, as investors gauged U.S. President Donald Trump's Fed chair pick Kevin Warsh's approach to interest rate cuts, while silver recovered from a more than three-week low hit on Friday.

- Reuters

Feb 1, 2026 10:40 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold, silver prices in Chandigarh

The price of gold in Chandigarh today is Rs 16,073 per gram for 24 karat gold, Rs 14,735 per gram for 22 karat gold and Rs 12,059 per gram for 18 karat gold (also called 999 gold).

The price of silver in Chandigarh today is Rs 350 per gram and Rs 3,50,000 per kilogram.

Feb 1, 2026 09:14 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold, silver prices in Chennai

The price of gold in Chennai today is Rs 16,255 per gram for 24 karat gold, Rs 14,900 per gram for 22 karat gold and Rs 12,800 per gram for 18 karat gold (also called 999 gold).
The price of silver in Chennai today is Rs 320 per gram and Rs 3,20,000 per kilogram.

Feb 1, 2026 08:41 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Silver prices in Delhi

The price of silver in Delhi today is Rs 350 per gram and Rs 3,50,000 per kilogram.

Feb 1, 2026 07:35 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold prices in Pune

The price of gold in Pune today is Rs 16,058 per gram for 24 karat gold, Rs 14,720 per gram for 22 karat gold and Rs 12,044 per gram for 18 karat gold (also called 999 gold).

Feb 1, 2026 06:51 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold prices in Bangalore

The price of gold in Bangalore today is Rs 16,058 per gram for 24 karat gold, Rs 14,720 per gram for 22 karat gold and Rs 12,044 per gram for 18 karat gold (also called 999 gold).

Feb 1, 2026 05:01 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold prices in Delhi

The price of gold in Delhi today is Rs 16,073 per gram for 24 karat gold, Rs 14,735 per gram for 22 karat gold and Rs 12,059 per gram for 18 karat gold (also called 999 gold).

Feb 1, 2026 04:48 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold prices in Noida

The price of gold in Noida today is Rs 16,073 per gram for 24 karat gold, Rs 14,735 per gram for 22 karat gold and Rs 12,059 per gram for 18 karat gold (also called 999 gold).

Feb 1, 2026 04:23 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold price updates

The rate of 24 karat gold stood at Rs 16,058 per gram, while 22 karat gold was priced at Rs 14,720 per gram, with no major change recorded from the previous day.

Feb 1, 2026 03:48 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Duty on gold, silver

As of now, import of gold in all forms attracts a 6 per cent duty, including 5 percent basic customs duty (BCD) and 1 percent agriculture infrastructure and development cess (AIDC).

Silver imports are taxed at 6 per cent for eligible Indian residents, while others pay 36 per cent. Both metals attract a uniform GST of 3 percent.

Feb 1, 2026 03:18 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Rates on customs duty unchanged

The Union Budget 2026 has kept rates on customs duty unchanged for import of gold and silver. Importers will continue to pay the same duty rates as before.

Feb 1, 2026 12:50 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Silver stands at Rs 3,50,000 per kilogram today

Silver stands at Rs 350 per gram and Rs 3,50,000 per kilogram today in India. The price of the metal is determined by international prices, which move in either direction. It also depends on the movement of the rupee against the dollar. Silver becomes more expensive if the rupee falls against the dollar.

Feb 1, 2026 12:46 PM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold rebounds, silver remains in the lower circuit

MCX silver prices traded sharply lower, falling ₹23,436 per kg, or 8.03 per cent, to ₹2,68,489 per kg. Gold prices, however, recovered part of their losses after a steep 9 per cent fall in the previous session.

MCX gold was trading down ₹4,445, or 2.92 per cent, at ₹1,47,900 per 10 grams, indicating a partial rebound from earlier losses.

Feb 1, 2026 11:25 AM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold slides on Budget Day, 24-carat MCX prices fall to Rs 1.36 lakh amid high volatility

Gold prices continued their decline on Sunday, the budget day, with 24-carat gold on the MCX falling to Rs 1,36,185 per 10 grams. The precious metal had opened the session at Rs 1,46,800 per 10 grams, reflecting sustained selling pressure and sharp intraday swings.

Gold prices have become highly volatile, with sharp price swings in recent sessions. On Saturday, gold had already seen heavy pressure, closing lower by around 5.4 per cent at Rs 1,69,470 per 10 grams for 24-carat gold in the domestic commodity market.

Feb 1, 2026 10:36 AM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Silver hits lower circuit levels

On Thursday, silver futures suffered a heavy setback as traders continued to book profits at elevated levels, with the March contract nosediving Rs 26,273, or 9 per cent, to Rs 2,65,652 per kilogram -- its lower circuit level. On Friday, the white metal slumped Rs 1,07,968, or 27 per cent, to close at Rs 2,91,925 per kg, also touching its lower circuit level. The sharp sell-off followed Thursday's record peak of Rs 4,20,048 per kg.

Feb 1, 2026 10:32 AM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold rates today in Delhi, Mumbai, Bangalore and Kolkata

Gold Price in Indian Cities (Rs)

Chennai

24K per gram- 16,255

22K per gram- 14,900

18K per gram- 12,200

Mumbai

24K per gram- 16,058

22K per gram- 14,720

18K per gram- 12,044

Delhi

24K per gram- 16,073

22K per gram- 14,735

18K per gram- 12,059

Kolkata

24K per gram- 16,058

22K per gram- 14,720

18K per gram- 12,044

Bangalore

24K per gram- 16,058

22K per gram- 14,720

18K per gram- 12,044

Feb 1, 2026 09:55 AM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold, silver futures plunge 6% on MCX, extend sharp three-day crash

Gold and silver continued their steep decline on the MCX, with futures plunging around 6 percent at the open on February 1. The sharp fall also dragged gold ETFs down, which lost up to 16 percent in early Sunday trading.

Gold futures for April delivery dropped 6 percent, or Rs 9,140 per 10 grams, opening at Rs 1,43,205 per 10 grams.

Silver futures for March delivery also fell about 6 percent, or Rs 17,515 per kilogram, opening at Rs 2,74,410 per kg.

Feb 1, 2026 09:53 AM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold trades at Rs 1.43 lakh, silver at Rs 2.65 lakh on MCX

On the MCX, gold is trading at Rs 1.43 lakh per 10 grams, while silver is priced at Rs 2.65 lakh per kilogram.

Feb 1, 2026 08:57 AM IST

Gold, Silver Today Rate, 1 February 2026 Live Updates: Gold, silver futures plunge a day after hitting record highs

April-expiry gold contracts on the MCX slid about 9 per cent to an intraday low of Rs 1,67,406 per 10 grams, after scaling a record Rs 1,93,096 per 10 grams in the previous session. The move marked a sharp one-day erosion of nearly 13 per cent, or Rs 25,690 per 10 grams.

Silver futures for March delivery plunged even deeper, falling close to 17 per cent to Rs 3,32,002 per kg. This translated into a near 21 per cent drop, or Rs 88,046 per kg, within a single session after the contract had hit an all-time high of Rs 4,20,048 per kg.

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