Gold and Silver Prices Today: Gold and silver prices witnessed a sudden, sharp decline today, surprising both investors and buyers. On the MCX, profit-taking throughout the day and a cautious sentiment ahead of US economic data led to silver prices falling by Rs. 6800 from their record highs, while gold also traded lower by Rs. 1100.
What are the latest gold and silver rates in your city? City | Gold/10 grams (24K) | Gold/10 grams (22K) | Gold/10 grams (18K) | Silver per kg
New Delhi | ₹137,850 | ₹126,363 | ₹103,388 | ₹251,580
Mumbai | ₹138,080 | ₹126,573 | ₹103,560 | ₹252,020
Patna | ₹138,120 | ₹126,610 | ₹103,590 | ₹252,840
Jaipur | ₹138,180 | ₹126,665 | ₹103,635 | ₹252,950
Kanpur | ₹138,240 | ₹126,720 | ₹103,680 | ₹253,050
Lucknow | ₹138,240 | ₹126,720 | ₹103,680 | ₹253,050
Bhopal | ₹138,350 | ₹126,821 | ₹103,763 | ₹253,250
Indore | ₹138,340 | ₹126,812 | ₹103,755 | ₹252,950
Chandigarh | ₹138,200 | ₹126,683 | ₹103,650 | ₹252,680
Raipur | ₹138,140 | ₹126,628 | ₹103,605 | ₹252,580
How much did the price of 24-carat gold fall on MCX?
On Wednesday, January 7, 24-carat gold for February 5, 2026, delivery on the Multi Commodity Exchange (MCX) fell by 0.83 percent, a decrease of ₹1158, and was trading at ₹1,37,925 per 10 grams (gold price today). During trading, the day's high was ₹1,39,140, and the low was ₹1,37,700 (gold rate today). The previous day, it had closed at ₹1,39,083. According to market experts, this is a minor profit-booking in gold after the recent sharp rise.
Silver falls by more than ₹6800 on MCX
Meanwhile, silver for March 5, 2026, delivery fell by 2.65 percent after four days of gains, dropping by ₹6862 to trade at ₹2,51,949 per kilogram (silver rate today). Earlier in the morning session, silver had risen by ₹881 (0.34%) to reach a new record high of ₹2,59,692 per kg (silver price today). On Tuesday, silver saw a significant surge of ₹13,167 (5.35%) and reached a record level of ₹2,59,322 per kg, although it finally closed at ₹2,58,811.
Gold and silver also fell in the international market
Pressure was also seen in the international market. On Comex, silver fell by $1.41 (1.74%) to $79.63 per ounce. Earlier, it had reached close to $82.58, while an all-time high of $82.67 per ounce was made on December 29. Meanwhile, gold for February delivery fell by $21 (0.47%) to $4,475.10 per ounce.
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