Gold Rates In India On February 6: Check Latest Prices In Major Indian Cities

Gold prices in India recorded a slight increase on February 6 compared to the previous day's rates.

The price of 24-carat gold stood at ₹8,651 per gram, reflecting a rise of ₹25, while 22-carat gold was priced at ₹7,930 per gram, marking an increase of ₹27.

The recent surge follows an all-time high in gold prices during the previous trading session on February 5, influenced by a weakening rupee and profit-taking in the dollar index.

According to market analysts, the upward trend in gold rates today is attributed to geopolitical trade war concerns and a decline in US dollar rates.

Gold Prices in Major Indian Cities

- Delhi: ₹86,660 per 10 grams (24-carat), ₹79,450 per 10 grams (22-carat)
- Mumbai: ₹86,510 per 10 grams (24-carat), ₹79,300 per 10 grams (22-carat)
- Chennai: ₹86,510 per 10 grams (24-carat), ₹79,300 per 10 grams (22-carat)
- Kolkata: ₹86,510 per 10 grams (24-carat), ₹79,300 per 10 grams (22-carat)
- Jaipur: ₹86,660 per 10 grams (24-carat)
- Lucknow: ₹86,660 per 10 grams (24-carat)
- Chandigarh: ₹86,660 per 10 grams (24-carat)

Factors Influencing Gold Prices in India

Several factors contribute to fluctuations in gold rates, including:

- International gold prices
- Currency exchange rates (particularly the value of the Indian Rupee against the US Dollar)
- Demand and supply dynamics
- Interest rates and monetary policies
- Government policies and import duties
- Global economic conditions
- Jewellery and industrial demand

Gold remains a key asset for investors and consumers, with market trends closely tied to economic and geopolitical developments.