Gold and silver prices in India closed lower on February 6, 2026, amid heightened volatility and profit-booking pressure. Gold held relatively firm above ₹1.52 lakh per 10 grams on MCX but edged down, while silver extended losses with a sharp 6% crash on MCX futures. A stronger US dollar and easing geopolitical tensions weighed on sentiment, overshadowing steady domestic demand.Market Close Gold and Silver PricesRetail closing rates for gold and silver across key cities showed declines, reflecting MCX weakness and local making charges. Prices are indicative and may vary due to local taxes, purity, and jeweller premiums. City24K Gold (₹/10g) Today24K Gold (₹/10g) Yesterday22K Gold (₹/10g)Silver (₹/kg) TodaySilver (₹/kg) YesterdayDelhi1,54,5601,56,0001,41,6902,80,0003,00,000Mumbai1,54,4101,55,8001,41,5402,80,0003,00,000Chennai1,56,2101,57,7001,43,1902,80,0003,00,000Bengaluru1,54,4101,55,8001,41,5402,80,0003,00,000Hyderabad1,54,4101,55,8001,41,5402,80,0003,00,000Kolkata1,54,4101,55,8001,41,5402,80,0003,00,000 Intraday Gold and Silver MovementGold MCX futures opened around ₹1,52,260 per 10g but fluctuated widely, hitting highs near ₹1,54,000 before closing down 0.82% at ₹1,50,316 for the March contract, a ₹1,230 drop. Silver saw sharper swings, opening higher but crashing to intraday lows amid heavy selling, rebounding partially to close near ₹2,39,000/kg after a 6% plunge overall. Volatility was pronounced in silver, with ₹10,000+ intraday moves, compared to gold’s more controlled range.Gold Price AnalysisGold retail prices dipped ₹1,000-1,400 per 10g from yesterday’s closes, mirroring a 0.8-0.9% MCX decline despite safe-haven… Read MoreStartupTalky- Business News, Insights and Stories
