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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.

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