Gold prices extended their rally on Thursday, rising over 1% in global markets and hovering near one-week highs, as investors moved towards safe-haven assets amid fresh geopolitical and economic uncertainty. Spot gold climbed 1.1% to $5,016.89 per ounce, according to a Reuters report, after having touched a record peak of $5,594.82 last week.
U.S. gold futures for April delivery also gained sharply, advancing 1.8% to $5,036.80 per ounce, supported by renewed risk-off sentiment. Meanwhile, silver mirrored the momentum, jumping 2.1% to $89.88 per ounce, after hitting an all-time high of $121.64 last week.
| City | 24K (10g) | 22K (10g) | 20K (10g) | 18K (10g) |
| New Delhi | ₹1,50,740 | ₹1,38,178 | ₹1,25,617 | ₹1,13,055 |
| Mumbai | ₹1,51,000 | ₹1,38,417 | ₹1,25,833 | ₹1,13,250 |
| Kolkata | ₹1,50,800 | ₹1,38,233 | ₹1,25,667 | ₹1,13,100 |
| Bangalore | ₹1,51,120 | ₹1,38,527 | ₹1,25,933 | ₹1,13,340 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
| City | Silver 999 Fine (1 Kg) |
| New Delhi | ₹2,44,630 |
| Mumbai | ₹2,45,050 |
| Kolkata | ₹2,44,720 |
| Bangalore | ₹2,45,240 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
Read more: Finance Bill 2026: Key PF Changes Proposed for Employees and Employers.
Gold and silver prices continue to show strong momentum in India, with significant year-on-year gains reflecting positive investor sentiment and global trends. As seen across Delhi, Mumbai, and Bangalore, the rise in precious metal prices highlights their appeal as a hedge against inflation and economic uncertainty.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Feb 5, 2026, 9:41 AM IST
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