Breaking Update: Here’s a clear explanation of the latest developments related to Breaking News:Gold, silver futures slide ahead of Union Budget. Check MCX prices| India News– What Just Happened and why it matters right now.
Updated on: Feb 01, 2026 11:00:31 AM IST
Gold, silver rate today LIVE updates: Check prices of both precious metals for the day here.
Gold, silver price today LIVE: After days of prices skyrocketing, rates of gold and silver crashed on Friday, and remained almost same on Saturday, sparking worry among investors and speculation on possible reasons for the same. Rates of the precious metals saw little to no change on Sunday morning, a day when India awaits the Union Budget 2026.
In metro cities like Delhi, Mumbai, Bengaluru and Kolkata, gold prices hovered around ₹1,69,300 per 10 grams, and the highest rate for 24 Karat gold was seen in Chennai, at ₹1,73,010 per 10 grams. The new rates come a day after gold prices reportedly slid ₹3,500, or 2.07 per cent, to ₹1,65,500 per 10 grams (inclusive of all taxes).
Prices of silver also remained largely unchanged, with a little uptick from Saturday. The highest silver rate was seen in Chennai at ₹4,18,900. In Delhi, Mumbai and Pune, prices hovered around ₹4,10,000.
Meanwhile, finance minister Nirmala Sitharaman is set to present the Union Budget for the ninth time in a row today, with her budget speech starting at 11 am. Key announcements can be tracked live here.
Key gold and silver prices across cities today:
| Cities | 24K Gold (per 10 grams) | Silver (per kg) |
|---|---|---|
| Mumbai | ₹1,69,300 | ₹4,10,900 |
| Delhi | ₹1,69,470 | ₹4,11,900 |
| Kolkata | ₹1,69,310 | ₹4,06,900 |
| Bengaluru | ₹1,69,300 | ₹4,05,900 |
| Chennai | ₹1,73,010 | ₹4,18,900 |
| Pune | ₹1,69,350 | ₹4,12,900 |
| Surat | ₹1,69,300 | ₹4,13,900 |
What’s happening to gold and silver rates?
Gold and silver experienced a significant correction on Friday as prices of gold with 99.9 per cent purity reportedly plunged by ₹14,000 per 10 grams, and silver tumbled by ₹20,000 per kilogram. The big crash after a record high in prices of the precious metals was largely attributed to investors aggressively trying to book profits that day.
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.
The situation largely remained the same on Saturday. However, globally silver prices tanked about 35 per cent below their record high of $121.755 per ounce.
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In metro cities like Delhi, Mumbai, Bengaluru and Kolkata, gold prices hovered around ₹1,69,300 per 10 grams, and the highest rate for 24 Karat gold was seen in Chennai, at ₹1,73,010 per 10 grams. The new rates come a day after gold prices reportedly slid ₹3,500, or 2.07 per cent, to ₹1,65,500 per 10 grams (inclusive of all taxes).
Prices of silver also remained largely unchanged, with a little uptick from Saturday. The highest silver rate was seen in Chennai at ₹4,18,900. In Delhi, Mumbai and Pune, prices hovered around ₹4,10,000.
Meanwhile, finance minister Nirmala Sitharaman is set to present the Union Budget for the ninth time in a row today, with her budget speech starting at 11 am. Key announcements can be tracked live here.
Key gold and silver prices across cities today:
| Cities | 24K Gold (per 10 grams) | Silver (per kg) |
|---|---|---|
| Mumbai | ₹1,69,300 | ₹4,10,900 |
| Delhi | ₹1,69,470 | ₹4,11,900 |
| Kolkata | ₹1,69,310 | ₹4,06,900 |
| Bengaluru | ₹1,69,300 | ₹4,05,900 |
| Chennai | ₹1,73,010 | ₹4,18,900 |
| Pune | ₹1,69,350 | ₹4,12,900 |
| Surat | ₹1,69,300 | ₹4,13,900 |
What’s happening to gold and silver rates?
Gold and silver experienced a significant correction on Friday as prices of gold with 99.9 per cent purity reportedly plunged by ₹14,000 per 10 grams, and silver tumbled by ₹20,000 per kilogram. The big crash after a record high in prices of the precious metals was largely attributed to investors aggressively trying to book profits that day.
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.
The situation largely remained the same on Saturday. However, globally silver prices tanked about 35 per cent below their record high of $121.755 per ounce.
PinnedFeb 01, 2026 8:37:51 AM IST
Gold, silver rate today LIVE updates: City-wise break up of gold and silver prices today
Here’s a list of 24K gold, and silver prices today:
Mumbai
24K Gold per 10 gm: ₹1,69,300
Silver per kg: ₹4,10,900
Delhi
24K Gold per 10 gm: ₹1,69,470
Silver per kg: ₹4,11,900
Kolkata
24K Gold per 10 gm: ₹1,69,310
Silver per kg: ₹4,06,900
Bengaluru
24K Gold per 10 gm: ₹1,69,300
Silver per kg: ₹4,05,900
Chennai
24K Gold per 10 gm: ₹1,73,010
Silver per kg: ₹4,18,900
Pune
24K Gold per 10 gm: ₹1,69,350
Silver per kg: ₹4,12,900
Surat
24K Gold per 10 gm: ₹1,69,300
Silver per kg: ₹4,13,900
Jaipur
24K Gold per 10 gm: ₹1,69,380
Silver per kg: ₹4,12,900
Feb 01, 2026 11:00:30 AM IST
Gold, silver rate today LIVE updates: What is the gold rate in Ahmedabad today?
Gold rate in Ahmedabad is ₹1,55,310 per 10 grams for 22 karat and ₹1,69,410 per 10 grams for 24 karat.
Feb 01, 2026 10:49:43 AM IST
Gold, silver rate today LIVE updates: Check silver MCX price for today
Silver MCX live price is at ₹2,69,490 per kg, down ₹22,435 or 7.69 per cent, as per Groww.
Feb 01, 2026 10:45:10 AM IST
Gold, silver rate today LIVE updates: Check gold MCX price for today
Gold, silver rate today LIVE updates: The gold MCX live price stands at ₹1,42,200 per 10 grams, down ₹7,453 or 4.98 per cent from Saturday, as per Groww.
Feb 01, 2026 10:38:50 AM IST
Gold, silver rate today LIVE updates: Gold, silver futures slide 9% ahead of Union Budget 2026 announcement
Gold and silver futures fell up to 9 per cent on Sunday, hitting lower circuit limits ahead of the 2026-27 Union Budget, as investors booked profits following recent record gains.
(PTI)
Feb 01, 2026 10:23:56 AM IST
Gold, silver rate today LIVE updates: How much did gold, silver rates surge this week?
Gold and silver prices surged to record highs earlier this week before seeing sharp corrections.
Silver climbed to an all-time high of ₹4,04,500 per kg on Thursday, but slipped 15 per cent in the following trading session.
Gold also scaled a fresh peak of ₹1,83,000 per 10 grams on Thursday, before dropping 7.6 per cent to around ₹1,69,000 per 10 grams in the previous trade.
Overall, gold prices have jumped 20.2 per cent, or ₹27,800, from ₹1,37,700 per 10 grams recorded at the end of last year. Read more here
Feb 01, 2026 10:11:10 AM IST
Gold, silver rate today LIVE updates: How did silver perform on Saturday?
Silver prices plunged nearly 19 per cent to ₹3.12 lakh per kilogram in the national capital on Saturday.
Data from the All India Sarafa Association showed that silver fell by 18.85 per cent, or ₹72,500, to settle at ₹3,12,000 per kg, inclusive of all taxes, marking the second straight session of steep losses, PTI reported. The sharp fall erased a large part of the gains seen earlier in the week.
Silver had touched a record high of ₹4,04,500 per kg on Thursday before dropping 15 per cent in the previous trading session. Read more here.
Feb 01, 2026 9:57:13 AM IST
Gold, silver rate today LIVE updates: How did gold perform on Saturday?
Gold prices saw sharp swings in the commodity market on Saturday, dropping about 5.4 per cent to ₹1,69,470 per 10 grams for 24 karat gold. In global markets, gold prices fell by more than 9 per cent to USD 4,887 per ounce. Read more here
Feb 01, 2026 9:48:48 AM IST
Gold, silver rate today LIVE updates: What is the gold rate in Pune today?
Gold prices in Pune are ₹1,69,350 per 10 grams for 24 karat gold and ₹1,55,250 per 10 grams for 22 karat gold.
Feb 01, 2026 9:35:22 AM IST
Gold, silver rate today LIVE updates: What is the gold rate in Kolkata today?
Gold prices in Kolkata are ₹1,69,310 per 10 grams for 24 karat gold and ₹1,55,210 per 10 grams for 22 karat gold.
Feb 01, 2026 9:27:40 AM IST
Gold, silver rate today LIVE updates: What is the gold rate in Chennai today?
Gold prices in Chennai are ₹1,73,010 per 10 grams for 24 karat gold and ₹1,58,600 per 10 grams for 22 karat gold, the highest across India today.
Feb 01, 2026 9:08:26 AM IST
Union Budget 2026: Track important budget announcements here
Finance Minister Nirmala Sitharaman will present her ninth consecutive Union Budget on February 1, with the budget speech scheduled to begin at 11 am. Follow live updates for key announcements here.
Feb 01, 2026 9:04:25 AM IST
Gold, silver rate today LIVE updates: What is the gold rate in Bengaluru today?
Gold prices in Bengaluru are ₹1,55,200 per 10 grams for 22 karat gold and ₹1,69,300 per 10 grams for 24 karat gold.
Feb 01, 2026 8:53:14 AM IST
Gold, silver rate today LIVE updates: What is the gold rate in Mumbai today?
Gold prices in Mumbai stand at ₹1,69,330 per 10 grams for 24 karat gold and ₹1,55,230 per 10 grams for 22 karat gold.
Feb 01, 2026 8:31:40 AM IST
Gold, silver rate today LIVE updates: What led to the big price crash for gold and silver?
Gold, silver rate today LIVE updates: A big price crash was seen in gold and silver rates across India on Friday. The development was later attributed to investors aggressively trying to book heavy profits amid weak global trends.
“Gold and silver experienced a significant correction on Friday as investors moved to aggressively book profits following a recent record-breaking rally. This decline was mainly fuelled by the heavy liquidation of long positions by large institutional players, who sought to secure gains after a strong multi-session advance,” HDFC Securities’ Senior Commodities Analyst Saumil Gandhi, told news agency PTI.
Feb 01, 2026 8:19:02 AM IST
Gold, silver rate today LIVE updates: What is the gold rate in Delhi today?
Gold, silver rate today LIVE updates: The price of 24K gold in Delhi stood at ₹1,69,470 per 10 grams today. For 22K gold, the rates stood at 1,55,370 per 10 grams.
According to Good Returns, the price of 18K gold in the national capital is at ₹12,059 per 10 grams.