Image Source: WOWNEWS24X7
On February 8, 2026, gold prices in India showed a rebound after recent volatility. Rates stood at ₹15,660 per gram for 24K, ₹14,355 per gram for 22K, and ₹11,745 per gram for 18K. Prices varied across cities, with Chennai recording the highest levels, driven by global cues and domestic demand.
Show more
Key Highlights
National Rates: As per Goodreturns data, gold prices today were ₹15,660 per gram (24K), ₹14,355 per gram (22K), and ₹11,745 per gram (18K).
City-Wise Snapshot:
-
Delhi & Mumbai: 24K gold hovered around ₹1,56,600 per 10g, while 22K stood at ₹1,43,550 per 10g.
-
Chennai: Recorded the highest rate at ₹1,57,310 per 10g, reflecting strong local demand.
-
Bangalore & Hyderabad: Prices aligned closely with national averages, maintaining stability.
-
Market Movement: Prices rebounded by nearly ₹2,890 per 10g compared to last week, signaling renewed safe-haven demand amid global uncertainties.
-
Volatility Factors: Analysts noted that domestic prices eased earlier due to profit-booking, but global cues—particularly concerns over US-Iran tensions and commodity swings—have reignited investor interest.
-
RBI Policy Watch: Traders remain cautious as upcoming inflation data and RBI policy signals could influence bullion demand and currency movements.
Why It Matters
Gold continues to be a barometer of investor sentiment, especially during periods of economic uncertainty. The rebound in prices highlights India’s enduring appetite for bullion, both as an investment and cultural asset. With inflation data and central bank cues on the horizon, traders and households alike are watching gold closely.
Sources: Times Now Personal Finance, LatestLY, Goodreturns
Stay Ahead – Explore Now!
Hindustan Zinc & JNCASR Unveil Zinc-Ion Battery Prototypes for Renewable Energy Storage
Advertisement
Advertisement