Gold prices fall further on February 5, 2026, across Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Hyderabad, and Ahmedabad. Check the latest 22K & 24K rates per gram and 8 grams today.
Gold prices in India witnessed a significant decline on February 5, 2026, affecting all major cities, including Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Hyderabad, and Ahmedabad. Investors and buyers are closely watching these fluctuations, which could impact jewelry purchases and investment decisions.
Gold prices Today – February 5, 2026
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India Average: 1 gram of 22-carat gold is priced at ₹14,205 (down ₹560), while 8 grams cost ₹1,13,640 (down ₹4,480).
City-Wise Gold Price Details
Mumbai:
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22K: ₹14,205 per gram (↓₹560), ₹1,13,640 per 8 grams (↓₹4,480)
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24K: ₹14,915 per gram (↓₹588), ₹1,19,320 per 8 grams (↓₹4,704)
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Chennai:
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22K: ₹14,320 per gram (↓₹580), ₹1,14,560 per 8 grams (↓₹4,640)
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24K: ₹15,036 per gram (↓₹609), ₹1,20,288 per 8 grams (↓₹4,872)
Hyderabad:
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22K: ₹14,320 per gram (↓₹580), ₹1,14,560 per 8 grams (↓₹4,640)
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24K: ₹15,036 per gram (↓₹609), ₹1,20,288 per 8 grams (↓₹4,872)
Delhi:
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22K: ₹14,255 per gram (↓₹560), ₹1,14,040 per 8 grams (↓₹4,480)
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24K: ₹14,968 per gram (↓₹588), ₹1,19,744 per 8 grams (↓₹4,704)
Ahmedabad:
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22K: ₹14,259 per gram (↓₹560), ₹1,14,072 per 8 grams (↓₹4,480)
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24K: ₹14,972 per gram (↓₹588), ₹1,19,776 per 8 grams (↓₹4,704)
Bengaluru:
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22K: ₹14,265 per gram (↓₹560), ₹1,14,120 per 8 grams (↓₹4,480)
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24K: ₹14,978 per gram (↓₹588), ₹1,19,824 per 8 grams (↓₹4,704)
Kolkata:
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22K: ₹14,305 per gram (↓₹560), ₹1,14,440 per 8 grams (↓₹4,480)
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24K: ₹15,020 per gram (↓₹588), ₹1,20,160 per 8 grams (↓₹4,704)
Reasons Behind the Decline
Market analysts suggest that the dip in gold prices is due to a combination of global gold trends and a strengthening Indian rupee. Investors looking for safe-haven assets may now find gold more affordable, but the declining trend is expected to continue in the short term as global markets stabilize.
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