Gold Silver Price February 06: Gold and silver prices continue to fluctuate significantly. At one point, silver crossed the ₹4 lakh mark, and gold prices also saw a sharp increase. Now, after reaching historical highs, prices are registering a significant decline. Silver prices are continuously crashing, and the shine of gold also seems to be fading. In the past few days, silver prices have seen a sharp drop, causing heavy losses for investors.
Today, February 6, 2026, price of 24-karat gold is ₹1,54,560, while the price of silver has reached ₹2,99,900 per kilogram. Let’s look at the latest prices in major cities today and the reasons for the price crash.
Gold Silver Price February 06: Gold gains momentum, see the latest prices
| Carat | Purity of gold | Price in Morning (₹/10 gram) |
|---|---|---|
| 24 Carat | 99.9% Pure | ₹1,54,560 |
| 22 Carat | 95.8% Pure | ₹1,41,690 |
| 18 Carat | 75% Pure | ₹1,15,960 |
24 Carat Gold Rate Today: What is the price in your city today?
| City | 24 Carat Gold Today (₹) | 22 Carat Gold Today (₹) | 18 Carat Gold Today (₹) |
|---|---|---|---|
| Lucknow | ₹1,54,560 | ₹1,41,690 | ₹1,15,960 |
| Jaipur | ₹1,54,560 | ₹1,41,690 | ₹1,15,960 |
| Delhi | ₹1,54,560 | ₹1,41,690 | ₹1,15,960 |
| Patna | ₹1,54,460 | ₹1,41,590 | ₹1,15,860 |
| Mumbai | ₹1,54,410 | ₹1,41,540 | ₹1,15,810 |
| Ahmedabad | ₹1,54,460 | ₹1,41,590 | ₹1,15,860 |
| Pune | ₹1,54,410 | ₹1,41,540 | ₹1,15,810 |
| Kolkata | ₹1,54,410 | ₹1,41,540 | ₹1,15,810 |
| Meerut | ₹1,54,560 | ₹1,41,690 | ₹1,15,960 |
| Ludhiana | ₹1,54,560 | ₹1,41,690 | ₹1,15,960 |
Silver Rate Today, February 5: Latest price of silver
| City | Silver Rate |
|---|---|
| Lucknow | ₹2,99,900 |
| Jaipur | ₹2,99,900 |
| Delhi | ₹2,99,900 |
| Patna | ₹2,99,900 |
| Mumbai | ₹2,99,900 |
| Ahmedabad | ₹2,99,900 |
| Pune | ₹2,99,900 |
| Kolkata | ₹2,99,900 |
| Meerut | ₹2,99,900 |
| Ludhiana | ₹2,99,900 |
Gold and Silver Rate Crash Reason
After the historic surge in gold and silver prices, the prices started crashing continuously, and this trend continued for several days. Now, gold and silver prices have picked up pace again, and silver is trading with another bumper surge. Let’s understand in detail why the prices crashed.
- Profit-taking: After reaching an all-time high, gold and silver were seen as safe investments, leading investors to start selling for profit, which put pressure on gold and silver prices.
- Stronger Dollar: The dollar strengthened continuously against the rupee, which weakened demand and led to a sharp surge in gold and silver prices.
- Massive surge in a short period: Gold and silver prices saw a massive surge in just a few days, making it inevitable that this bubble would burst.
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