Gold, Silver Rates Today in India Remain Flat on February 1 Amid Union Budget 2026 Announcements; Check Prices

Gold prices in India remained steady on Budget Day 2026, February 1, after a sharp correction in the previous sessions. On Sunday, the rate of 24 Karat gold stood at Rs 16,058 per gram, while 22 Karat gold was priced at Rs 14,720 per gram, with no change recorded from the previous day. The stability in prices comes after a significant fall at the end of January.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices Per Gm on 1st February on Union Budget 2026 Announcement

24 Karat Gold Rate Today in India

The price of 24 Karat gold stood unchanged at Rs 16,058 per gram, the same as yesterday. For higher quantities, 8 grams of 24 Karat gold were priced at Rs 1,28,464, 10 grams at Rs 1,60,580 and 100 grams at Rs 16,05,800.

22 Karat Gold Rate Today in India

The 22 Karat gold rate today held firm at Rs 14,720 per gram, unchanged from the previous session. In larger quantities, 8 grams of 22 Karat gold cost Rs 1,17,760, 10 grams were priced at Rs 1,47,200 and 100 grams were quoted at Rs 14,72,000, offering price comfort to buyers on Budget Day.

18 Karat Gold Rate Today in India

18 Karat gold prices also remained flat, mirroring the broader calm in the bullion market. The rate stood at Rs 12,044 per gram, with 8 grams priced at Rs 96,352, 10 grams at Rs 1,20,440 and 100 grams at Rs 12,04,400.

Silver Rate Today on Budget Day: Check Latest Silver Prices Per Kg and Gms on February 1, 2026

Silver prices in India remained flat on February 1, 2026, as the bullion market showed signs of consolidation on Budget Day. The price of silver stood unchanged at Rs 350 per gram, with 8 grams priced at Rs 2,800 and 10 grams at Rs 3,500, while 100 grams continued to trade at Rs 35,000 and 1 kilogram at Rs 3,50,000, all unchanged from the previous day.

The stability follows a sharp correction at the end of January, when silver prices fell steeply, including a Rs 45,000 per kilogram drop on January 31 and a Rs 15,000 decline on January 30, after which selling pressure eased.

"The government is all set to maintain growth momentum and promote economic activity. So, naturally, the policy makers won't encourage gold buying. According to them, investing in physical gold is an idle investment though it may help households hedge against inflation," said Umesh Mohanan, ED & CEO of Indel Money.

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