Gold Silver Price Today February 09: Gold and silver prices continue to fluctuate significantly. At one point, silver crossed the ₹4 lakh mark, and gold prices also saw a massive surge. Now, after reaching historical highs, prices are continuously registering a sharp decline. Silver prices are crashing, and the shine of gold is also fading, causing heavy losses for investors. So far, the price of silver has fallen by approximately ₹1.70 lakh.
Today, February 9, 2026, the price of 24-karat gold is ₹1,56,740, while the price of silver has reached ₹2,84,900 per kilogram. Let’s look at the latest prices in major cities today and the reasons behind this price crash.
Gold Silver Price Today February 09: Latest Gold Prices
| Carat | Purity of Gold | Price in Morning (₹/10 gram) |
|---|---|---|
| 24 Carat | 99.9% Pure | ₹1,56,740 |
| 22 Carat | 95.8% Pure | ₹1,43,690 |
| 18 Carat | 75% Pure | ₹1,17,590 |
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 | ₹1,56,740 | ₹1,43,690 | ₹1,17,590 |
| Jaipur | ₹1,56,740 | ₹1,43,690 | ₹1,17,590 |
| Delhi | ₹1,56,740 | ₹1,43,690 | ₹1,17,590 |
| Patna | ₹1,56,640 | ₹1,43,590 | ₹1,17,490 |
| Mumbai | ₹1,56,590 | ₹1,43,540 | ₹1,17,440 |
| Ahmedabad | ₹1,56,640 | ₹1,43,590 | ₹1,17,490 |
| Pune | ₹1,56,590 | ₹1,43,540 | ₹1,17,440 |
| Kolkata | ₹1,56,590 | ₹1,43,540 | ₹1,17,440 |
| Meerut | ₹1,56,740 | ₹1,43,690 | ₹1,17,590 |
| Ludhiana | ₹1,56,740 | ₹1,43,690 | ₹1,17,590 |
Silver Rate Today, February 9: Latest price of silver
| City | Silver Rate |
|---|---|
| Lucknow | ₹2,84,900 |
| Jaipur | ₹2,84,900 |
| Delhi | ₹2,84,900 |
| Patna | ₹2,84,900 |
| Mumbai | ₹2,84,900 |
| Ahmedabad | ₹2,84,900 |
| Pune | ₹2,84,900 |
| Kolkata | ₹2,84,900 |
| Meerut | ₹2,84,900 |
| Ludhiana | ₹2,84,900 |
Gold Silver Rate Crash Reason
After a historic surge in gold and silver prices, prices began to crash continuously and this trend continued for several days. Now, gold and silver prices have picked up pace again, and silver is trading with another massive surge. Let’s understand in detail why the prices crashed.
- Profit-taking: After prices reached 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 continuously strengthened against the rupee, which weakened demand and led to a sharp rise 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.
