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Gold, silver rate today highlights: Gold suffers biggest slide in four decades

Gold, Silver Rate Today highlights: Gold suffered its biggest slide in four decades and silver posted a record intraday decline. Delhi saw 24K gold at 16,934 per gram, while Mumbai and Hyderabad traded slightly lower. Silver stayed below 4 lakh per kg in most markets.

Key Events
  • 8:02 AM IST, Feb 1Why the metals rose and then fell
  • 7:09 AM IST, Feb 1What led to Friday's selloff?
  • 6:09 AM IST, Feb 1Strong dollar triggers global selloff
  • 6:04 PM IST, Jan 31Current Gold prices in Mumbai
  • 5:46 PM IST, Jan 31Current Gold prices in Delhi
  • 2:04 PM IST, Jan 31Gold, silver futures log steep single-day fall as investors book profits
  • 1:58 PM IST, Jan 31What is the price of 22k gold?
  • 1:28 PM IST, Jan 31Gold falls over 11%, silver crashes more than 31% in sharpest correction in decades
  • 12:26 PM IST, Jan 31Why silver is falling?
  • 12:20 PM IST, Jan 31Silver, gold hit all-time highs and then crashed.
  • 12:05 PM IST, Jan 31Why gold and silver hit record highs and then crashed on Friday?
  • 11:54 AM IST, Jan 31What is the price of gold and silver in Delhi, Hyderabad, Chennai and other cities today?
  • 11:13 AM IST, Jan 3124 karat gold price today
  • 11:10 AM IST, Jan 31What is silver rate today per kg?
  • 11:07 AM IST, Jan 31What is the rate of Gold in Vijaywada today?
  • 10:49 AM IST, Jan 31What is Gold rate today on 31 January 2026?
  • 10:45 AM IST, Jan 31Gold, silver fall as markets welcome Trump’s Fed pick
  • 10:37 AM IST, Jan 31What is the price of Silver in Pune today?
  • 10:34 AM IST, Jan 31What is the price of Gold in Pune today?
  • 10:32 AM IST, Jan 31What is the price of Silver MCX today?
  • 10:21 AM IST, Jan 31What is the price of Gold MCX today?
  • 10:16 AM IST, Jan 31What is happening to Gold and silver prices in Delhi?
  • 10:14 AM IST, Jan 31What is the prices of Gold of Kolkata today?
  • 10:07 AM IST, Jan 31What are silver prices in Chennai today?
  • 10:05 AM IST, Jan 31What are gold prices in Chennai?
  • 8:59 AM IST, Jan 31Is silver expensive today?
  • 8:57 AM IST, Jan 31Gold prices across cities today
Gold, Silver Rate: Delhi saw 24K gold at  ₹16,934 per gram, while Mumbai and Hyderabad traded slightly lower. Silver stayed below  ₹4 lakh per kg in most markets.
Gold, Silver Rate: Delhi saw 24K gold at ₹16,934 per gram, while Mumbai and Hyderabad traded slightly lower. Silver stayed below ₹4 lakh per kg in most markets.

Gold, silver rate today highlights: Updates to this live blog have ended. For today's prices, check out our latest live blog. Gold and silver prices had been the focus as it touched record-highs. On Friday, prices tumbled and many speculated on possible reasons for the same. The prices have remained in a similar range on Saturday.

Gold prices in the international market fell more than 11 per cent, while COMEX silver plunged over 31 per cent. After Friday’s sell-off, silver prices are now about 35 per cent below their record high of $121.755 per ounce.

In Delhi, the price of gold on January 31 stood at 16,934 per gram for 24 karat gold, 15,524 per gram for 22 karat gold, and 12,704 per gram for 18 karat gold, also known as 999 gold, according to Good Returns.

Silver prices in Delhi were quoted at 394.90 per gram, translating to 3,94,900 per kilogram.

Gold prices in the national capital have been trending upward since the start of the year, largely driven by weakness in equity markets, which pushed investors towards safer assets like gold.

A city-wise break-up of current prices:

Mumbai: Gold prices were marginally lower compared to Delhi. On January 31, 24 karat gold was priced at 16,919 per gram, while 22 karat gold stood at 15,509 per gram and 18 karat gold at 12,689 per gram.

Silver prices in Mumbai were the same as Delhi, at 394.90 per gram or 3,94,900 per kilogram.

Hyderabad: The city Mumbai’s gold rates, with 24 karat gold priced at 16,919 per gram, 22 karat gold at 15,509 per gram, and 18 karat gold at 12,689 per gram.

Silver, however, traded at a premium in the city, quoted at 404.90 per gram and 4,04,900 per kilogram.

Bengaluru:

The price of gold in Bangalore today is Rs16,919 per gram for 24 karat gold, 15,509 per gram for 22 karat gold and 12,689 per gram for 18 karat gold.

The price of silver in Bangalore today is 394.90 per gram and 3,94,900 per kilogram.

Kolkata:

The price of gold in Kolkata today is 16,919 per gram for 24 karat gold, 15,509 per gram for 22 karat gold and Rs12,689 per gram for 18 karat gold.

The price of silver in Kolkata is 394.90 per gram and 3,94,900 per kilogram.

Prices on Friday:

On January 30, gold and silver prices declined in domestic markets, retreating from record highs reached earlier in the week.

Twenty-four-carat gold slipped below its peak level across major cities, while silver continued to trade below the 4 lakh per kilogram mark.

In Mumbai, 24 karat gold was priced at around 1,70,620 per 10 grams, while rates in Delhi were slightly higher at approximately 1,70,770 per 10 grams, according to market data available around 10 am on Friday. Gold prices in Hyderabad were broadly in line with those in Mumbai.

Silver on January 30 was quoted at 3,950 per 10 grams in both Delhi and Mumbai. Hyderabad once again saw higher prices, with silver trading at around 4,150 per 10 grams.

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Gold prices in the international market fell more than 11 per cent, while COMEX silver plunged over 31 per cent. After Friday’s sell-off, silver prices are now about 35 per cent below their record high of $121.755 per ounce.

In Delhi, the price of gold on January 31 stood at 16,934 per gram for 24 karat gold, 15,524 per gram for 22 karat gold, and 12,704 per gram for 18 karat gold, also known as 999 gold, according to Good Returns.

Silver prices in Delhi were quoted at 394.90 per gram, translating to 3,94,900 per kilogram.

Gold prices in the national capital have been trending upward since the start of the year, largely driven by weakness in equity markets, which pushed investors towards safer assets like gold.

A city-wise break-up of current prices:

Mumbai: Gold prices were marginally lower compared to Delhi. On January 31, 24 karat gold was priced at 16,919 per gram, while 22 karat gold stood at 15,509 per gram and 18 karat gold at 12,689 per gram.

Silver prices in Mumbai were the same as Delhi, at 394.90 per gram or 3,94,900 per kilogram.

Hyderabad: The city Mumbai’s gold rates, with 24 karat gold priced at 16,919 per gram, 22 karat gold at 15,509 per gram, and 18 karat gold at 12,689 per gram.

Silver, however, traded at a premium in the city, quoted at 404.90 per gram and 4,04,900 per kilogram.

Bengaluru:

The price of gold in Bangalore today is Rs16,919 per gram for 24 karat gold, 15,509 per gram for 22 karat gold and 12,689 per gram for 18 karat gold.

The price of silver in Bangalore today is 394.90 per gram and 3,94,900 per kilogram.

Kolkata:

The price of gold in Kolkata today is 16,919 per gram for 24 karat gold, 15,509 per gram for 22 karat gold and Rs12,689 per gram for 18 karat gold.

The price of silver in Kolkata is 394.90 per gram and 3,94,900 per kilogram.

Prices on Friday:

On January 30, gold and silver prices declined in domestic markets, retreating from record highs reached earlier in the week.

Twenty-four-carat gold slipped below its peak level across major cities, while silver continued to trade below the 4 lakh per kilogram mark.

In Mumbai, 24 karat gold was priced at around 1,70,620 per 10 grams, while rates in Delhi were slightly higher at approximately 1,70,770 per 10 grams, according to market data available around 10 am on Friday. Gold prices in Hyderabad were broadly in line with those in Mumbai.

Silver on January 30 was quoted at 3,950 per 10 grams in both Delhi and Mumbai. Hyderabad once again saw higher prices, with silver trading at around 4,150 per 10 grams.

Follow all the updates here:
Feb 1, 2026, 08:23:54 IST

Gold, Silver Rate Today LIVE update: This blog is now closed.

Gold, Silver Rate Today LIVE update: This blog is now closed and won't be updated. For latest gold and silver prices, follow this live blog.

Feb 1, 2026, 08:02:08 IST

Gold, Silver Rate Today LIVE update: Why the metals rose and then fell

Gold, Silver Rate Today LIVE update: Gold has long been seen as a classic safe haven, an asset investors turn to when they want to protect their savings from financial uncertainty.

With global geopolitical tensions escalating, trade war threats resurfacing, uncertainty over the future path of interest rates, and signs of a shifting world order, investors have been gravitating towards assets perceived as stable amid growing volatility, according to a report by Conversation UK.

Feb 1, 2026, 07:09:43 IST

Gold, Silver Rate Today LIVE update: What led to Friday's selloff?

Gold, Silver Rate Today LIVE update: Friday’s selloff is the biggest shock to the rally, outdoing the slump in October.

It was triggered by the dollar rebounding after a report said that US President Donald Trump's administration was preparing to nominate Kevin Warsh for Fed chair, a move later confirmed.

The greenback’s rally undercut sentiment among investors who had been piling into metals after the US president signalled a willingness to let the currency weaken.

Feb 1, 2026, 06:09:41 IST

Gold, Silver Rate Today LIVE update: Strong dollar triggers global selloff

Gold, Silver Rate Today LIVE update: Silver prices collapsed 19 per cent to 3.12 lakh per kg in the national capital on Saturday, while gold plunged 2 per cent to 1.65 lakh per 10 grams, as investors booked profits amid a global selloff triggered by a stronger US dollar, news agency PTI reported.

Feb 1, 2026, 06:04:19 IST

Gold, Silver Rate Today LIVE update: Expert offers insight into price volatility

Sandip Raichura, CEO of Retail Broking and Distribution & Director, PL Capital said “Warsh's nomination triggered profit booking in Asia, which then spread to the rest of the world.”

“Silver had a non-linear run and had reached severely overbought levels. When profit booking begins, drawdowns have historically been significant, and Friday was no different, despite no major actual moves in the US dollar,” he added.

Feb 1, 2026, 05:01:05 IST

Gold, Silver Rate Today LIVE update: CME Group hiked gold margins to 8%, silver to 15% after steep price drop

CME raised the margin requirements on Comex gold and silver futures after prices witnessed their sharpest drop in decades. Both gold and silver collapsed on Friday as traders rushed to close positions.

Feb 1, 2026, 04:08:18 IST

Gold, Silver Rate Today LIVE update: Quick recap of gold's performance this year

The Economic Survey stated that gold prices jumped from $2,607 to $4,315 per ounce in 2025. As of January 26, 2026, the price of gold per ounce was $5101.34.

Feb 1, 2026, 03:05:32 IST

Gold, Silver Rate Today LIVE update: Expert explains interest in metals

“Silver and gold have become the vehicle for investors concerned about fiat currencies,” Louis Navellier at Navellier & Associates said as Bitcoin crashed on Saturday

Feb 1, 2026, 03:03:53 IST

Gold, Silver Rate Today LIVE update: After metals, cryptocurrencies crash

Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 12:48 PM ET on Saturday.

Jan 31, 2026, 23:48:55 IST

Gold, Silver Rate Today LIVE update: Biggest slide in four decades

Gold saw its biggest slide in four decades and silver tumbled in a stark reversal of the surge to all-time highs. Spot gold fell 9.7% to $4,851.40 an ounce

Jan 31, 2026, 22:53:40 IST

Gold, Silver Rate Today LIVE update: Check MCX Futures prices

MCX gold futures for April closed at 1,50,849 per 10 grams, recording an intraday decline of 1,496 or 0.98% compared to the previous day's close of 1,52,345 per 10 grams. The MCX gold rate today is 29,930 below its all-time high of 1,80,779 per 10 grams.

MCX silver price for March futures closed at 2,91,922 per kg, which is 1,28,126 or 30.50% below the record high of 4,20,048 per kg.

Jan 31, 2026, 22:42:39 IST

Gold, Silver Rate Today LIVE update: All eyes on Budget 2026

The market is expecting an announcement on a reduction in import duty to boost the gems and jewellery business, which is facing a dual hit from soaring gold and silver prices and lower demand. In that case, there can be a sharp decline taking place in gold and silver prices as the MCX will remain open on the Union Budget 2026 date, said Anuj Gupta, a SEBI-registered commodity expert, according to Live Mint.

Jan 31, 2026, 22:35:40 IST

Gold, Silver Rate Today LIVE update: A recap on the wipeoff

Silver prices collapsed 19 per cent to 3.12 lakh per kg in the national capital on Saturday, while gold plunged 2 per cent to 1.65 lakh per 10 grams, as investors booked profits amid a global selloff triggered by a stronger US dollar.

According to the All India Sarafa Association, silver nosedived 72,500, or 18.85 per cent, to 3,12,000 per kilogram (inclusive of all taxes), marking a second straight day of heavy losses, wiping out much of this week's record gains.

Jan 31, 2026, 22:27:23 IST

Gold, Silver Rate Today LIVE update: What does Warren Buffet say about the precious metal?

Billionaire veteran investor and former Chief Executive Officer (CEO) of Berkshire Hathaway, who has not been a fan of gold, said that he would take farmland and seven of oil major Exxon Mobil instead of having gold, reported the news portal Economic Times.

Warren Buffett said that if one took all the gold in the world, it would roughly make a cube 67 feet on a side worth somewhere around $7 trillion, marking up to a third of the value of all the stocks in the United States.

“I will say this about gold. If you took all the gold in the world, it would roughly make a cube 67 feet on a side…Now for that same cube of gold, it would be worth at today’s market prices about $7 trillion – that’s probably about a third of the value of all the stocks in the United States,” said Buffett, reported the news portal.

He said that people may call him crazy but he would take farmland and the Exxon Mobils anyday over investments in gold.

Jan 31, 2026, 22:16:18 IST

Gold, Silver Rate Today LIVE update: The fall continues, even in US

Spot gold rates in the US fell 9.7% to $4,851.40 an ounce on Saturday.

Jan 31, 2026, 22:01:19 IST

Gold, Silver Rate Today LIVE update: Gold rate in Surat today

Gold prices in Surat today are 16,063 per gram for 24-karat gold, 14,725 per gram for 22-karat gold, and 12,049 per gram for 18-karat gold.

Jan 31, 2026, 21:51:57 IST

Despite late-month sell-off, Silver jumps 30%, gold gains 20% in January

Silver ended January with strong gains, rising 73,000, or 30.5 per cent, to close well above its December 31 level of 2.39 lakh per kg, even after sharp losses in the final two sessions.

Meanwhile, gold also posted a solid monthly increase, climbing 27,800, or 20.2 per cent, from 1,37,700 per 10 grams at the end of last year. Analysts attributed the recent selloff in both metals to a rebound in the US dollar, which pressured prices.

(PTI)

Jan 31, 2026, 21:31:55 IST

Silver crashes 19%, gold slips 2% in Delhi as global selloff triggers profit booking

Silver prices slumped sharply by nearly 19 per cent to 3.12 lakh per kg in the national capital on Saturday, while gold fell about 2 per cent to 1.65 lakh per 10 grams, as investors booked profits amid a global selloff driven by a stronger US dollar.

Data from the All India Sarafa Association showed silver plunging by 72,500, or 18.85 per cent, to 3,12,000 per kilogram (inclusive of all taxes). This marked the second consecutive session of steep losses, erasing a large part of the gains seen earlier in the week.

Silver had scaled a record high of 4,04,500 per kg on Thursday before dropping 5 per cent in the previous trading session.

(PTI)

Jan 31, 2026, 21:18:19 IST

Gold, Silver Rate Today LIVE update: Gold rate in Salem today

Gold is trading in Salem today at 16,255 per gram for 24-karat gold, 14,900 per gram for 22-karat gold, and 12,800 per gram for 18-karat gold.

Jan 31, 2026, 21:03:31 IST

Gold, Silver Rate Today LIVE update: Gold rate in Rajkot today

Gold prices in Rajkot today stand at 16,063 per gram for 24-karat gold, 14,725 per gram for 22-karat gold, and 12,049 per gram for 18-karat gold.

Gold rates in the city can vary slightly from other parts of the country due to local taxes and levies, though they generally move in line with trends seen across India, as per Good Returns.

Jan 31, 2026, 20:54:52 IST

Gold, Silver Rate Today LIVE update: Gold rate in Patna today

Gold is priced in Patna today at 16,063 per gram for 24-karat gold, 14,725 per gram for 22-karat gold, and 12,049 per gram for 18-karat gold.

Jan 31, 2026, 20:29:50 IST

Gold, Silver Rate Today LIVE update: Gold rate in Nashik today

Gold prices in Nashik today are 16,061 per gram for 24-karat gold, 14,723 per gram for 22-karat gold, and 12,047 per gram for 18-karat gold.

Gold rates in Nashik generally track global price movements, while local factors such as Maharashtra’s duties and levies also play a role in influencing prices, as per Good Returns.

Jan 31, 2026, 20:15:15 IST

Gold, Silver Rate Today LIVE update: Gold rate in Nagpur today

Gold prices in Nagpur today stand at 16,058 per gram for 24-karat gold, 14,720 per gram for 22-karat gold, and 12,044 per gram for 18-karat gold.

Beyond being known as the city of oranges, Nagpur is also a popular hub for gold purchases, with numerous local jewellers offering competitive rates across the city, according to Good Returns.

Jan 31, 2026, 20:01:21 IST

Gold, Silver Rate Today LIVE update: Gold rate in Mysore today

Gold prices in Mysore today are 16,058 per gram for 24-karat gold, 14,720 per gram for 22-karat gold, and 12,044 per gram for 18-karat gold.

Jan 31, 2026, 19:47:03 IST

Gold, Silver Rate Today LIVE update: Gold rate in Mangalore today

Gold is trading in Mangalore today at 16,058 per gram for 24-karat gold, 14,720 per gram for 22-karat gold, and 12,044 per gram for 18-karat gold.

Jan 31, 2026, 19:32:06 IST

Gold, Silver Rate Today LIVE update: Gold rate in Madurai today

Gold prices in Madurai today stand at 16,255 per gram for 24-karat gold, 14,900 per gram for 22-karat gold, and 12,800 per gram for 18-karat gold.

Jan 31, 2026, 18:04:23 IST

Gold, Silver Rate Today LIVE update: Current Gold prices in Mumbai

Gold, Silver Rate Today LIVE update: The Gold prices in Mumbai on Saturday are 16,058 per gram for 24-karat gold, 14,720 per gram for 22-karat gold, and 12,044 per gram for 18-karat gold.

Gold prices in Mumbai:

Gold 24K per gram- 16,058

Gold 22K per gram- 14,720

Gold 18K per gram - 12,044

Jan 31, 2026, 17:46:00 IST

Gold, Silver Rate Today LIVE update: Current Gold prices in Delhi

Gold, Silver Rate Today LIVE update: The Gold prices in Delhi as of Saturday is 16,073 per gram for 24 karat gold, 14,735 per gram for 22 karat gold and 12,059 per gram for 18 karat gold.

Gold 24K per gram- 16,073

Gold 22K per gram- 14,735

Gold 18K per gram - 12,059

Jan 31, 2026, 17:37:56 IST

Gold, Silver Rate Today LIVE update: Why gold has been hitting new highs

Gold, Silver Rate Today LIVE update: The year 2026 saw gold and silver prices surging to record highs. However, the all-time high prices crashed on Friday. While Gold, which peaked above USD 5,500 per ounce, dropped to around USD 5068.

Here is why the gold prices crashed:

Gold is the classic safe haven: an asset people buy to protect their savings amid financial risks. However, with international political tensions rising, trade war threats, shifting signals about where interest rates are heading and a potential changing world order, investors are seeking assets that feel stable when everything else looks shaky.

Friday's crash in gold and silver was sparked by financial markets reacting to early news of Donald Trump's nomination of Kevin Warsh as chair of the US Federal Reserve. The US central bank plays a key role in global financial stability.

Jan 31, 2026, 17:05:22 IST

Gold, Silver Rate Today LIVE update: Gold rate in Lucknow today

Gold is priced in Lucknow today at 16,073 per gram for 24-karat gold, 14,735 per gram for 22-karat gold, and 12,059 per gram for 18-karat gold.

Jan 31, 2026, 16:42:52 IST

Gold, Silver Rate Today LIVE update: Gold rate in Jaipur, Rajasthan today

Gold prices in Jaipur today are 16,073 per gram for 24-karat gold, 14,735 per gram for 22-karat gold, and 12,059 per gram for 18-karat gold.

As the capital of Rajasthan and one of its largest cities, Jaipur has traditionally seen strong demand for gold, driven by the state’s long-standing cultural affinity for gold jewellery and ornaments. Gold prices in the city largely track global trends and are broadly in line with rates across the country, though they may be slightly higher or lower compared to other western cities such as Mumbai and Pune, as per Good Returns.

Jan 31, 2026, 16:28:27 IST

Gold, Silver Rate Today LIVE update: Gold rate in Coimbatore, Tamil Nadu today

Gold is trading in Coimbatore today at 16,255 per gram for 24-karat gold, 14,900 per gram for 22-karat gold, and 12,800 per gram for 18-karat gold.

Jan 31, 2026, 16:15:30 IST

Gold, Silver Rate Today LIVE update: Gold rate in Bhubaneswar today

Gold prices in Bhubaneswar today stand at 16,058 per gram for 24-karat gold, 14,720 per gram for 22-karat gold, and 12,044 per gram for 18-karat gold.

Gold enjoys strong demand across Odisha, where people from all sections of society regularly buy it for festivals, family occasions and weddings. Buyers are advised to keep track of daily gold rates in Bhubaneswar, the state capital, which often offers some of the most competitive prices in the region, according to Good Returns.

Jan 31, 2026, 16:02:54 IST

Gold, Silver Rate Today LIVE update: Gold rate in Chandigarh today

Today in Chandigarh, gold is priced at 16,073 per gram for 24-karat, 14,735 per gram for 22-karat, and 12,059 per gram for 18-karat gold.

Jan 31, 2026, 15:48:48 IST

Gold, Silver Rate Today LIVE update: Silver rate in Kolkata today

Silver is trading in Kolkata today at the same rate as that of Ahmedabad, which is 350 per gram, or 3,50,000 per kilogram.

Silver prices generally track movements in gold. When gold prices rise, silver often follows. In recent months, global silver prices have climbed, pushing up domestic rates as well, with Kolkata also seeing a steady increase.

Jan 31, 2026, 15:34:10 IST

Gold, Silver Rate Today LIVE update: Silver rate in Ahmedabad today

Today in Ahmedabad, silver is priced at 350 per gram and 3,50,000 per kilogram.

Jan 31, 2026, 15:22:58 IST

Gold, Silver Rate Today LIVE update: Gold rate in Ahmedabad today

Today in Ahmedabad, gold is trading at 16,063 per gram for 24-karat, 14,725 per gram for 22-karat, and 12,049 per gram for 18-karat.

Jan 31, 2026, 15:02:14 IST

Gold, Silver Rate Today LIVE update: Gold rate in Kolkata today

Today in Kolkata, gold is priced at 16,058 per gram for 24-karat, 14,720 per gram for 22-karat, and 12,044 per gram for 18-karat, as per Good Returns.

Jan 31, 2026, 14:45:00 IST

Gold, Silver Rate Today LIVE update: Why silver prices are soaring: industrial demand, investor interest and supply crunch

While gold dominated headlines for much of 2025, silver has emerged as the stronger performer. Before Friday’s correction, silver prices had jumped over 60 per cent in a month, compared with gold’s roughly 30 per cent rise.

Silver’s strength lies in its dual role. It is both a safe-haven asset and a key industrial metal, with demand surging from clean energy and technology sectors. Silver is essential for solar panels, electric vehicles and semiconductors, making it critical to the energy transition and AI-driven growth.

Around 20 grams of silver are used in each solar panel, with the solar sector accounting for nearly 30 per cent of global demand. EVs require 25 to 50 grams per vehicle, while AI data centres rely on silver-based semiconductors.

At the same time, the market faces a supply deficit for the fifth year in a row, as silver production struggles to keep pace with consumption. With most silver mined as a by-product of other metals, supply cannot be easily increased, prompting both institutional and retail investors to pile into the metal.

(PTI)

Jan 31, 2026, 14:29:45 IST

Gold, Silver Rate Today LIVE update:Why gold has been hitting new highs recently

Gold remains a traditional safe-haven asset, drawing investors seeking to protect their savings during periods of financial stress. Rising geopolitical tensions, trade war concerns, uncertainty over interest rates and shifts in the global order have pushed investors toward assets seen as more stable.

A sharp fall in gold and silver prices on Friday followed market reaction to early reports of Donald Trump nominating Kevin Warsh as US Federal Reserve chair, highlighting how sensitive precious metals are to policy signals from the world’s key central bank.

Central banks have been aggressively adding gold to their reserves, reinforcing its role as a store of value in uncertain times.

(PTI)

Jan 31, 2026, 14:04:38 IST

Gold, Silver Rate Today LIVE update: Gold, silver futures log steep single-day fall as investors book profits

Gold, Silver Rate Today LIVE update: Gold and silver prices recorded one of their sharpest single-day declines in recent months in futures trading on Friday, as investors rushed to cash in after the recent surge in prices.

Silver futures slumped 17 per cent to 3.32 lakh per kilogram, while gold fell 9 per cent to 1.54 lakh per 10 grams, tracking weak global cues and a strengthening US dollar.

On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged by 67,891, or 16.97 per cent, to 3,32,002 per kilogram, marking the metal’s steepest one-day fall.

The correction came a day after silver had jumped nearly 9 per cent to hit a record high of 4,20,048 per kg on Thursday, before closing at 3,99,893 per kg.

Jan 31, 2026, 13:58:32 IST

Gold, Silver Rate Today LIVE update: What is the price of 22k gold?

Gold, Silver Rate Today LIVE update: The price of 22-karat gold today (January 31) is 15,524 per gram in Delhi.

In other major cities, Mumbai, Hyderabad, Bengaluru and Kolkata 22-karat gold is priced at 15,509 per gram.

Jan 31, 2026, 13:28:53 IST

Gold, Silver Rate Today LIVE update: Gold falls over 11%, silver crashes more than 31% in sharpest correction in decades

Gold, Silver Rate Today LIVE update: Precious metals saw one of their steepest corrections in decades on Friday, January 30, 2026, as heavy profit-taking followed the sharp rally to record highs earlier this month.

Gold prices in the international market fell more than 11 per cent, while COMEX silver plunged over 31 per cent. After Friday’s sell-off, silver prices are now about 35 per cent below their record high of $121.755 per ounce.

Jan 31, 2026, 13:25:22 IST

Gold, Silver Rate Today LIVE update: Gold rate in Vijaywada today

Gold, Silver Rate Today LIVE update: The price of gold in Vijayawada today is 16,058 per gram for 24 karat gold, 14,720 per gram for 22 karat gold and 12,044 per gram for 18 karat gold.

Vijayawada is one of Andhra Pradesh’s leading cities and a key hub for gold buying and selling in the state. Jewellers in the city are known for offering some of the finest patterns and designs in the country.

Jan 31, 2026, 12:29:34 IST

Gold, Silver Rate Today LIVE update: What is the price of Gold in Chennai today?

Gold, Silver Rate Today LIVE update: The price of gold in Chennai today is 16,255 per gram for 24 karat gold, 14,900 per gram for 22 karat gold and 12,800 per gram for 18 karat gold.

Jan 31, 2026, 12:26:09 IST

Gold, Silver Rate Today LIVE update: Why silver is falling?

Gold, Silver Rate Today LIVE update: From February 2025 to just before Friday’s sharp sell-off, silver prices had surged 269 per cent. Even before the drop, that rally came with heavy volatility: annualised price swings of about 36 per cent, nearly double gold’s 20 per cent over the same period, according to Conversation UK.

In simple terms, rapid gains also mean sharp reversals. When prices rise quickly, they can fall just as fast.

That makes buying at elevated levels risky. Retail investors who rush in after big rallies often end up near the peak, while institutional investors and central banks typically build positions much earlier, at lower prices.

There is also no income cushion. Unlike shares or bonds, gold and silver pay no dividends or interest. Returns depend entirely on prices rising further, and recent moves underline how steep the downside can be.

Jan 31, 2026, 12:20:08 IST

Gold, Silver Rate Today LIVE update: Silver, gold hit all-time highs and then crashed.

Gold, Silver Rate Today LIVE update: Gold has long been seen as a safe-haven asset, bought by investors looking to protect their wealth during periods of financial stress.

A mix of rising geopolitical tensions, renewed trade war concerns, uncertainty over the future path of interest rates and fears of a shifting global order has pushed investors towards assets perceived as stable when other markets appear volatile, according to a report by Conversation UK.

The sharp fall in gold and silver prices on Friday came after financial markets reacted to early reports of US President Donald Trump’s nomination of Kevin Warsh as chair of the Federal Reserve, an institution central to global financial stability.

At the same time, central banks across the world have been accumulating gold at a rapid pace, strengthening its appeal as a store of value in uncertain times.

Jan 31, 2026, 12:06:49 IST

Gold, Silver Rate Today LIVE update: Today gold price Chennai

Gold, Silver Rate Today LIVE update: The price of gold in Chennai today is 16,255 per gram for 24 karat gold, 14,900 per gram for 22 karat gold and 12,800 per gram for 18 karat gold

Jan 31, 2026, 12:05:43 IST

Gold, Silver Rate Today LIVE update: Why gold and silver hit record highs and then crashed on Friday?

Gold, Silver Rate Today LIVE update: Gold has long been seen as a safe-haven asset, bought by investors looking to protect their wealth during periods of financial stress.

A mix of rising geopolitical tensions, renewed trade war concerns, uncertainty over the future path of interest rates and fears of a shifting global order has pushed investors towards assets perceived as stable when other markets appear volatile.

The sharp fall in gold and silver prices on Friday came after financial markets reacted to early reports of US President Donald Trump’s nomination of Kevin Warsh as chair of the Federal Reserve, an institution central to global financial stability.

At the same time, central banks across the world have been accumulating gold at a rapid pace, strengthening its appeal as a store of value in uncertain times.

Jan 31, 2026, 11:54:45 IST

Gold, Silver Rate Today LIVE update: What is the price of gold and silver in Delhi, Hyderabad, Chennai and other cities today?

Gold, Silver Rate Today LIVE update: Gold price today (January 31):

Delhi:

24 karat – 16,934 per gram

22 karat – 15,524 per gram

18 karat – 12,704 per gram

Mumbai:

24 karat – 16,919 per gram

22 karat – 15,509 per gram

18 karat – 12,689 per gram

Hyderabad:

24 karat – 16,919 per gram

22 karat – 15,509 per gram

18 karat – 12,689 per gram

Bengaluru:

24 karat – 16,919 per gram

22 karat – 15,509 per gram

18 karat – 12,689 per gram

Kolkata:

24 karat – 16,919 per gram

22 karat – 15,509 per gram

18 karat – 12,689 per gram

(Source: Good Returns)

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