The price of gold in India today, Tuesday, February 3, continues to capture the attention of investors and jewelry enthusiasts alike. In Cheai, Bangalore, Hyderabad, Mumbai, and Delhi, the rates stand at ₹15,175 per gram for 24 karat gold, ₹13,910 per gram for 22 karat gold, and ₹11,381 per gram for 18 karat gold.
The gold market in India has been experiencing notable fluctuations recently. In January 2026, gold prices hit an all-time peak, soaring by almost 20 per cent. However, following the presentation of the Union Budget by Finance Minister Nirmala Sitharaman, there was a 3 per cent decline in the gold rates. This trend continued on Tuesday, February 3, 2026, with prices edging lower across all purities.
Gold holds a significant place in Indian culture, with different karats serving various purposes. The 24-karat gold, known for its purity and higher value, is often sought after for investment. On the other hand, 22-karat and 18-karat gold are predominantly used in jewelry making, reflecting both craftsmanship and beauty.
As per GoodReturns, the gold rates in India today are as follows:
For those interested in tracking gold prices in major Indian cities, GoodReturns provides a comprehensive overview. Stay updated on the latest developments and trends in the gold market to make informed decisions.
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