Latest Gold Price in India – 3 Feb 2026
As of Tuesday, 3 February 2026, gold prices in India continued to show a softening trend amid subdued demand and a mix of global economic influences. According to multiple live market sources, gold prices have trended lower compared with earlier in the month, reflecting both international precious metal movements and local market sentiment.
Gold Rate Today in India – 3 February 2026
🔹 Gold Price Table (Per Gram & 10 Grams)
| Gold Purity | Price per Gram (₹) | Price per 10 Grams (₹) | Market Trend |
|---|---|---|---|
| 24 Carat Gold | ₹15,175 | ₹1,51,750 | Slightly Down |
| 22 Carat Gold | ₹13,910 | ₹1,39,100 | Weak |
| 18 Carat Gold | ₹11,385 | ₹1,13,850 | Stable |
| 14 Carat Gold | ₹8,850 | ₹88,500 | Stable |
Note: Prices are indicative and may vary by city, jeweller, GST, and making charges.
🏙️ City-Wise Gold Rate Today (3 Feb 2026)
| City | 22K Gold (₹/10g) | 24K Gold (₹/10g) |
|---|---|---|
| Delhi | ₹1,39,100 | ₹1,51,750 |
| Mumbai | ₹1,38,950 | ₹1,51,600 |
| Chennai | ₹1,39,300 | ₹1,51,900 |
| Kolkata | ₹1,39,050 | ₹1,51,650 |
| Bengaluru | ₹1,38,900 | ₹1,51,500 |
| Hyderabad | ₹1,39,200 | ₹1,51,800 |
| Pune | ₹1,38,950 | ₹1,51,600 |
📉 Gold Price Trend Snapshot
| Date | 24K Gold (₹/10g) | Movement |
|---|---|---|
| 1 Feb 2026 | ₹1,55,200 | ↓ |
| 2 Feb 2026 | ₹1,53,400 | ↓ |
| 3 Feb 2026 | ₹1,51,750 | ↓ Continued |
📌 Current 24K & 22K Gold Rate (India – Indicative):
- 24-carat gold: ~₹15,175 per gram (approx. ₹1,51,750 per 10 g)
- 22-carat gold: ~₹13,910 per gram (~₹1,39,100 per 10 g)
- 24K gold (MCX average): ~₹141,354 per 10 g
- 22K gold: ~₹129,575 per 10 g
Note: Rates vary city-to-city depending on local taxes, making and purity charges. These figures are indicative and do not include GST, making charges or retailer premiums.
📉 What’s Driving the Price Action?
💼 Impact of Union Budget 2026
The Union Budget 2026 announcement had a clear influence on metals markets. Prices for gold and silver fell sharply following the budget presentation, with silver also seeing significant weakening. The immediate aftermath saw bullion prices under pressure as markets digested fiscal policy details and revised expectations on investment demand.
🌍 Global Trends
On the international front, gold and silver prices experienced volatility. After a recent sharp sell-off that took prices to near one-month lows abroad, markets showed signs of recovery with gold bouncing back modestly on global exchanges.
🧑💼 Market Sentiment
With declining gold prices in recent sessions, many buyers and investors are adopting a wait-and-see approach, hoping for further corrections before committing purchases. This cautious stance is visible among retail and institutional demand alike.
📌 City-Wise & Regional Highlights
In key urban and regional markets like Delhi, Mumbai, Chennai and Hyderabad, gold prices reflect local supply-demand factors including jeweler premiums, taxes, and logistical variations. While the broader national trend is downwards, certain cities record slight variations due to buyer interest and inventory levels.
In Haryana, including Gurgaon, Faridabad, Hisar and surrounding cities, 24K gold prices hovered near ₹1,48,710 per 10 g, while 22K gold settled around ₹1,36,318 per 10 g — reflecting a general soft trend in the regional bullion markets.
📊 Historical and Short-Term Movement
A snapshot of price movement shows a noticeable pull-back from recent peaks:
- Gold had crossed ₹1.75 lakh+ levels in late January, driven by speculative flows.
- Early February saw volatility as prices retraced from monthly highs.
- As of today, prices remain below recent peaks, signaling a correction phase.
📌 What Investors & Buyers Should Know
✔️ Investment View:
Gold still remains an important asset for diversification, but short-term price volatility calls for cautious buying.
✔️ Retail Buying:
With prices slightly softer than recent weeks, some buyers may find current levels attractive — but local taxes and makings can affect end cost significantly.
✔️ Global Outlook:
International demand patterns, exchange rates (INR vs USD), and geopolitical developments will likely continue to shape gold price movements in the days ahead.
📍 Summary — Gold Rate Today 3 Feb 2026
India’s gold markets are in a corrective phase, with prices slightly lower than recent highs. Global volatility, Budget impact and local demand dynamics are key influencers. Buyers and investors are advised to track live prices and consult local jewellers for updated city-specific rates.
Read Also: NASA Artemis Rocket Launch: Historic Moon Mission Nears Liftoff After Critical Test
My name is Samar. I enjoy writing and blogging about gardens. In this website, I share information and upload blogs about beautiful Brindavan Garden.
