Today's Gold Rates: February 4 Updates
Gold prices in India are seeing notable changes, especially on February 4, 2026. The prices surged earlier in January, marking a 20% increase, but faced a temporary decline of 3% after Union Finance Minister Nirmala Sitharaman's presentation of the Union Budget. However, the market rebounded today, with gold rates climbing across all purity levels.
The most notable increase was seen in 24-carat gold, which is often preferred for investment due to its purity. It saw a rise of ₹660, bringing its price to ₹16,053 per gram. This increase not only reflects the rising demand for gold but also reinforces its position at historic highs in the Indian market.
Similarly, 22-carat gold, which is primarily used in jewelry making, also witnessed a price hike. It rose by ₹605, trading at ₹14,715 per gram. The trend in the jewelry market indicates that consumers are willing to invest more in gold, perhaps due to its perceived value as a safe asset.
Lower-purity gold, such as 18-carat, also followed this upward trajectory, increasing by ₹495 to reach ₹12,040 per gram. Each of these price changes signifies a broader trend in the gold market, where investors and consumers alike are keeping a close eye on price movements.
Overall, today's fluctuations in gold prices can be attributed to various factors, including market demand, economic conditions, and investment trends. As gold continues to maintain its allure as a valuable asset, it remains a popular choice for both investments and jewelry in India.
