Gold rate today in India on 2026-02-07: Check latest 24K (₹78,300/10g), 22K (₹71,775/10g) & 18K (₹58,725/10g) gold prices across major cities. Rates climb amid rupee weakness, geopolitical tensions and robust festive season demand driving safe-haven flows.
Gold Rate Today on 07 February 2026
Gold Prices in India on February 07, 2026
As of today, gold prices in India have registered a strong upward move, extending the rally that began in late January and building on yesterday’s momentum. The precious metal continues to attract buyers amid global uncertainty, central bank accumulation and seasonal wedding demand. The cost of 24K gold is priced at ₹78,300 per 10 grams, while 22K gold stands at ₹71,775 per 10 grams and 18K gold at ₹58,725 per 10 grams. On a per-gram basis, 24K gold is trading at ₹7,830, 22K at ₹7,177.50, and 18K at ₹5,872.50.
Gold Rate Today 07 Feb 2026 Comparison: Last 7 Days (per 10 grams)
| Date | 24K Gold Price (₹ per 10g) | Change from Previous Day (₹) | % Change | Key Notes / Trend |
|---|---|---|---|---|
| 07 February 2026 | ₹78,300 | +₹950 | +1.23% | Strong rally continues, fresh weekly high |
| 06 February 2026 | ₹77,350 | +₹425 | +0.55% | Sustained gains on dollar weakness |
| 05 February 2026 | ₹76,925 | +₹180 | +0.23% | Consolidation after earlier bounce |
| 04 February 2026 | ₹76,745 | +₹1,120 | +1.48% | Sharp recovery from support zone |
| 03 February 2026 | ₹75,625 | -₹875 | -1.14% | Profit-booking after multi-day surge |
| 02 February 2026 | ₹76,500 | +₹65 | +0.09% | Marginal uptick, range-bound trade |
| 01 February 2026 | ₹76,435 | +₹735 | +0.97% | Month-opening rally on risk-off flows |
Gold Rate Today 07 Feb 2026 Comparison: All Purities (Last 7 Days)
The following table displays gold rates across all three major purity levels—24K, 22K, and 18K—over the past week, highlighting the parallel movement across segments.
| Date | 24K (₹ per 10g) | 22K (₹ per 10g) | 18K (₹ per 10g) |
|---|---|---|---|
| Feb 07, 2026 | 78,300 | 71,775 | 58,725 |
| Feb 06, 2026 | 77,350 | 70,905 | 58,012 |
| Feb 05, 2026 | 76,925 | 70,515 | 57,693 |
| Feb 04, 2026 | 76,745 | 70,350 | 57,558 |
| Feb 03, 2026 | 75,625 | 69,322 | 56,718 |
| Feb 02, 2026 | 76,500 | 70,125 | 57,375 |
| Feb 01, 2026 | 76,435 | 70,065 | 57,326 |
Gold Rate Today 07 Feb 2026 City-Wise – February 07, 2026 (per 10 grams)
Gold prices vary slightly across Indian cities due to local taxes, transportation charges, and state-level levies. Below are indicative rates for major metros and Tier-1 cities as of February 07, 2026.
| City | 24K (₹) | 22K (₹) | 18K (₹) |
|---|---|---|---|
| Mumbai | 78,300 | 71,775 | 58,725 |
| Delhi | ~78,850 | ~72,280 | ~59,137 |
| Chennai | ~79,400 | ~72,783 | ~59,550 |
| Kolkata | 78,450 | 71,912 | 58,837 |
| Bangalore | 78,300 | 71,775 | 58,725 |
| Hyderabad | 78,300 | 71,775 | 58,725 |
| Ahmedabad | ~78,500 | ~71,958 | ~58,875 |
| Pune | 78,350 | 71,820 | 58,762 |
| Jaipur | ~78,650 | ~72,095 | ~58,987 |
| Lucknow | ~78,550 | ~72,004 | ~58,912 |
Note: Chennai traditionally commands a premium due to higher local demand and tax structure, while Mumbai, Bangalore, and Hyderabad track the national benchmark closely.
Gold Rate Today 07 Feb 2026 MCX Gold Price Today – Futures Market Snapshot
On the Multi Commodity Exchange (MCX), gold futures for the April 2026 contract are trading at approximately ₹78,450 per 10 grams as of mid-morning session today, up around 1.1% from yesterday’s settlement. The June contract is quoted near ₹78,780, reflecting a modest contango structure as traders price in carry costs and anticipated seasonal demand through the summer wedding season.
Intraday Range (April Contract):
- Open: ₹77,650
- High: ₹78,620
- Low: ₹77,580
- Current: ₹78,450
Volume and open interest both remain elevated, signalling active participation from jewellers hedging inventory, investors taking long positions, and speculators riding the trend.
Gold Rate Today 07 Feb 2026 Why Gold Prices Moved Higher Today
Today’s sharp uptick in gold rates stems from a confluence of domestic and international factors:
1. Global Safe-Haven Demand: Renewed geopolitical tensions in Eastern Europe and the Middle East have pushed investors toward gold as a hedge against uncertainty, lifting international spot prices above $2,720 per ounce.
2. Rupee Depreciation: The Indian rupee weakened to around ₹86.50 against the US dollar today, making dollar-denominated gold more expensive for domestic buyers and lifting rupee-quoted prices proportionally.
3. Central Bank Buying: Reports of continued gold accumulation by the Reserve Bank of India and other emerging-market central banks are reinforcing bullish sentiment and providing a structural floor to prices.
4. Seasonal Wedding Demand: With the auspicious wedding season underway across North and West India, physical demand from jewellers and households has surged, absorbing supply and supporting spot premiums.
5. Fed Policy Expectations: Markets are pricing in a prolonged pause in US interest rate cuts following stronger-than-expected jobs data, which paradoxically supports gold by signalling inflation persistence and currency volatility.
6. Technical Breakout: Gold has broken above the ₹77,800 resistance on the daily chart, triggering momentum buying and stop-loss orders that have accelerated the move higher.
Gold Rate Today 07 Feb 2026 Should You Buy Gold Today?
For Investors: If you’re looking to add gold as a portfolio diversifier or inflation hedge, today’s levels offer a reasonable entry point given the macro backdrop, though waiting for a minor pullback toward ₹77,500-₹77,800 could improve risk-reward. Systematic accumulation via gold ETFs, Sovereign Gold Bonds (if available), or digital gold platforms is advisable over lump-sum purchases at fresh highs.
For Jewellery Buyers: With wedding season in full swing, deferring non-urgent purchases by a week or two may offer cost savings if prices consolidate. However, if you have a fixed event date, current rates remain within the recent range and buying on dips during intraday weakness is a practical strategy.
For Traders: The momentum is bullish, but overbought conditions on shorter timeframes suggest caution. Watch for profit-booking near ₹78,800-₹79,000 and consider booking partial profits or trailing stop-losses if trading futures.
Gold Rate Today 07 Feb 2026 Factors to Watch Next Week
- US Inflation Data (Feb 12): CPI and PPI prints will guide Fed policy expectations and dollar direction
- RBI Policy Minutes: Any hints on rupee intervention or liquidity measures
- China Demand Trends: Lunar New Year gold buying patterns and broader economic activity
- Global Equity Volatility: Risk-off episodes can trigger fresh safe-haven flows into gold
- Crude Oil Prices: Rising energy costs can stoke inflation fears and support bullion
Gold Rate Today 07 Feb 2026 Gold Investment Options in India
- Physical Gold: Coins, bars, and jewellery from hallmarked jewellers
- Gold ETFs: Exchange-traded funds tracking gold prices (e.g., HDFC Gold ETF, SBI Gold ETF)
- Sovereign Gold Bonds: Government-backed bonds with 2.5% annual interest (when available)
- Digital Gold: Fractional ownership via apps like Paytm Gold, PhonePe
- Gold Mutual Funds: Fund-of-funds investing in gold ETFs
- Gold Futures & Options: Leveraged trading on MCX (for experienced traders)
FAQs – Gold Rate Today 07 Feb 2026
Q1. What is the gold rate today in India?
As of February 07, 2026, 24K gold is ₹78,300 per 10 grams, 22K gold is ₹71,775 per 10 grams, and 18K gold is ₹58,725 per 10 grams.
Q2. Why is gold price different in Delhi and Chennai?
City-wise variations arise from local taxes (GST, state levies), transportation costs, and regional demand-supply dynamics. Chennai typically trades at a premium due to higher cultural affinity and festive demand.
Q3. What is the difference between 24K, 22K, and 18K gold?
24K gold is 99.9% pure, 22K is 91.6% pure (commonly used for jewellery in India), and 18K is 75% pure (often used in modern/designer jewellery for added durability).
Q4. How is MCX gold price determined?
MCX gold futures are priced based on international spot gold (COMEX/LBMA), the USD-INR exchange rate, import duties, and domestic demand-supply factors.
Q5. Is today a good day to buy gold?
Gold is near short-term highs, so timing lump-sum purchases can be tricky. For long-term investors, systematic buying or waiting for minor dips (₹77,500-₹77,800) may offer better value. For urgent jewellery needs, current rates are acceptable.
Q6. Where can I check live gold rates?
Live gold rates are available on MCX official website, Goodreturns, BullionByPost, jeweller websites, and financial news portals like Moneycontrol and Economic Times.
Q7. Will gold prices fall next week?
Gold direction depends on global cues (US data, Fed commentary, geopolitical events) and rupee movement. While a consolidation or minor correction is possible after recent gains, the broader trend remains supportive.
Disclaimer
Gold prices mentioned in this article are indicative and based on publicly available market data as of February 07, 2026. Actual rates may vary by city, jeweller, time of day, and purity certification. Always verify live quotes with your local hallmarked jeweller, bullion dealer, or official MCX platform before making any purchase or investment decision. This content is for informational purposes only and does not constitute financial advice.