Gold rates in India rallied for the second straight session on February 9, 2026, with 10 grams gold price nearing Rs 1.59 lakh in 24 carat. Notably, on Monday, gold jumps the most in Chennai than compared to Hyderabad. Gold prices in the country tracked positive cues in international market as the precious metals trade above its moving averages.
One of the major reason behind bullish sentiment in precious metals is the weakness in dollar. Traders are also awaiting key US economic data to understand further policy stance of US Federal Reserve. Further, the upcoming January jobs report and CPI inflation in US and India will also play a role in driving markets tone.

Not just that China has reportedly extended its gold purchases for the 15th straight month in January 2026, which hints at sustained demand for precious metals. Also, the geopolitical tensions continue as investors eye the development in US-Iran talks.
Gold Rates In India:
Gold Rates In Chennai:
In Chennai, 24 carat gold price stood at Rs 1,59,820 per 10 grams, registering an upside of Rs 2,510 on February 9 from the previous day. Further, 100 grams gold price skyrocketed by Rs 25,100 to Rs 15,98,200. Also, 8 grams and 1 gram gold rates zoomed by Rs 2,008 and Rs 251 to Rs 1,27,856 and Rs 15,982 respectively.
In case of 22 carat, the 10 grams gold climbed by Rs 2,300 to Rs 1,46,500, and 100 grams gold surged by Rs 23,000 to Rs 14,65,000. Also, 8 grams gold zoomed by Rs 1,840 to Rs 1,17,200 and 1 gram gold is up by Rs 230 to Rs 14,650.
Furthermore, under 18 carat, 10 grams gold soared by Rs 1,700 to Rs 1,25,200 and 100 grams gold is higher by Rs 17,000 to Rs 12,52,000. Also, 8 grams gold price is at Rs 1,00,160, up by Rs 1,360. The cheapest gold is of Rs 12,520 per 1 gram, which is up by Rs 170.
Gold Rates In Hyderabad:
Here, 24 carat gold price soared by Rs 2,240 in 10 grams to Rs 1,58,840, while the price is up by Rs 22,400 to Rs 15,88,400 in 100 grams. Additionally, 8 grams gold is up by Rs 1,792 in the same carat to Rs 1,27,072 and 1 gram gold is up by Rs 224 to Rs 15,884.
Meanwhile, under 22 carat, 10 grams gold climbed by Rs 2,050 to Rs 1,45,600 and soared by Rs 20,500 to Rs 14,56,000 per 100 grams. Additionally, 8 grams gold rose by Rs 1,640 to Rs 1,16,480 and 1 gram gold is up by Rs 205 to Rs 14,560.
Also, 18 carat gold price is up by Rs 1,344 to Rs 95,304 in 8 grams, rallied by Rs 1,680 to Rs 1,19,130 per 10 grams and skyrocketed by Rs 16,800 to Rs 11,91,300 per 100 grams. The cheapest gold is of Rs 11,913 per 1 gram in 18 carat, which is up by Rs 168.
Gold Rates Prediction:
As per Ponmudi R, CEO of Enrich Money, below are the new outlooks for gold prices in India and internationally.
Comex Gold Price Outlook
COMEX Gold is trading near the $4,900-$5,100 zone after correcting sharply from recent highs above $5,500-$5,600. The broader uptrend remains intact, with the pullback reflecting profit booking and healthy price digestion. Prices are trading above key moving averages, indicating the correction is maturing and could set the stage for renewed upside momentum. Strong buying interest is evident in the $4,500-$4,700 support band, and sustained stability above this area could pave the way for renewed upside, with a breakout above $5,200-$5,300 opening the path toward prior record highs.
MCX Gold Price Outlook
MCX Gold futures are trading near the ₹1,49,000-₹1,60,000 zone after a sharp correction from record highs around Rs 1,80,000-Rs 1,81,000. This follows the previous consolidation after the sharp correction from all-time highs near Rs 1,80,000-Rs 1,81,000. The broader uptrend structure remains supportive, with prices holding above important long-term support zones. Strong buying interest is seen in the Rs 1,45,000- Rs 1,50,000 support area. A sustained hold above this base, along with a breakout above Rs 1,60,000, could revive upside momentum toward Rs 1,65,000- Rs 1,75,000, keeping the medium-term outlook positive despite ongoing volatility.
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
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