Gold Prices Today (February 4, 2026): 24K, 22K & 18K Rates Across Major Indian Cities

Gold prices in India rebounded on February 4, 2026, with 24K gold at ₹15,394 per gram, 22K at ₹14,111, and 18K at ₹11,546. After touching record highs in late January, profit-booking triggered a steep correction, but renewed buying interest has lifted prices again. MCX futures closed higher, while global spot gold crossed $5,000 per ounce. Experts say investors are now viewing current levels as an opportunity to re-enter the market.

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Gold Prices Today (February 4, 2026): 24K, 22K & 18K Rates Across Major Indian Cities

After days of selling pressure, gold prices in India have bounced back. On Wednesday, February 4, 2026, 24-carat gold is priced at ₹15,394 per gram, while 22-carat gold stands at ₹14,111 per gram. Meanwhile, 18-carat gold trades at ₹11,546 per gram, according to Goodreturns data.

Recent Market Movements

Gold had surged to historic highs in late January, with 24K gold touching ₹1,83,000 per 10 grams on January 29. However, profit-booking led to a steep correction of nearly 17%, erasing over ₹30,000 in value within days.

On February 3, MCX gold futures rebounded strongly, closing at ₹1,49,000 per 10 grams, up by ₹7,307 or 5.16% compared to the previous session.

City-Wise Gold Rates (Per Gram)

City	24K Today	22K Today	18K Today
Chennai	₹15,568	₹14,271	₹12,211
Mumbai	₹15,394	₹14,111	₹11,546
Delhi	₹15,409	₹14,126	₹11,561
Kolkata	₹15,394	₹14,111	₹11,546
Bangalore	₹15,394	₹14,111	₹11,546
Hyderabad	₹15,394	₹14,111	₹11,546
Jaipur	₹15,409	₹14,126	₹11,561
Lucknow	₹15,409	₹14,126	₹11,561
Coimbatore	₹15,568	₹14,271	₹12,211
Madurai	₹15,568	₹14,271	₹12,211
Surat	₹15,399	₹14,116	₹11,551
Patna	₹15,399	₹14,116	₹11,551
Chandigarh	₹15,409	₹14,126	₹11,561
Nashik	₹15,397	₹14,114	₹11,549
Salem	₹15,568	₹14,271	₹12,211
Trichy	₹15,568	₹14,271	₹12,211
Ayodhya	₹15,409	₹14,126	₹11,561

(Other cities follow similar price trends.)

Global Market Trends

International cues also supported the recovery. Spot gold surged nearly 2%, crossing the $5,000 per ounce mark, while COMEX April futures rose sharply to $4,935.49 per ounce, a gain of 5.91% in a single session.

Expert Insights

Analysts believe the rebound reflects renewed buying interest after the correction. Saumil Gandhi, senior commodities analyst at HDFC Securities, noted that investors who had been waiting for lower levels are now entering long positions.