Rise in 22K, 24K, 18K Gold Rates for 2nd Day; Silver Rate Jumps First Time After Rs 1.30 Lakh/kg Drop in Delhi

Gold prices in Delhi extended their recovery for the second straight day on Wednesday, February 4, 2026, after a sharp correction last week. The 24 Karat (24K) gold rate jumped by Rs 660 to Rs 16,068 per 100 grams, while 22 Karat (22K) gold rose by Rs 605 to Rs 14,730 per 100 grams. The rebound follows a steep fall of nearly Rs 2,569,00 per 100 grams over the past week.

Strength was also visible in futures trade, with gold and silver posting strong gains on the Multi Commodity Exchange (MCX) during morning trade. MCX gold surged by Rs 5,994, or 3.90%, to trade near Rs 1,59,803 per 10 grams, after hitting an intraday high of Rs 1,60,755.

Silver prices outperformed gold, supported by firm spot demand. MCX silver climbed by Rs 14,384, or 5.37%, to Rs 2,82,399 per kg, touching an intraday high of Rs 2,84,094 per kg.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices Per Gms on 4 February 2026

24 Karat Gold Rate Today in Delhi

The price of 24 Karat gold today stood at Rs 16,068 per gram, up by Rs 660 from yesterday's level of Rs 15,408. For larger quantities, 8 grams of 24 Karat gold cost Rs 1,28,544, an increase of Rs 5,280, while 10 grams rose by Rs 6,600 to Rs 1,60,680. On a bulk basis, 100 grams of 24 Karat gold jumped sharply to Rs 16,06,800, marking a day-on-day gain of Rs 66,000.

22 Karat Gold Price Today in Delhi

On Wednesday, 22 Karat gold rate climbed to Rs 14,730 per gram, higher by Rs 605 compared to Rs 14,125 yesterday. An 8 gram purchase now costs Rs 1,17,840, up by Rs 4,840, while 10 grams is priced at Rs 1,47,300, reflecting a rise of Rs 6,050. For 100 grams, the price increased by Rs 60,500 to Rs 14,73,000.

18 Karat Gold Rate Today in Delhi

Lower purity gold also followed the upward trend. 18 Karat gold was priced at Rs 12,055 per gram, up Rs 495 from the previous session. The cost of 8 grams rose to Rs 96,440, gaining Rs 3,960, while 10 grams increased by Rs 4,950 to Rs 1,20,550. On a 100-gram basis, 18-Karat gold advanced by Rs 49,500 to Rs 12,05,500.

Silver Price Today: Check Latest Silver Rates Per Kg and Gm on February 4, 2026

Silver prices stopped recent slide and jumped sharply for the first time on February 4, 2026, after dropping by nearly Rs 1.30 lakh per kg over the last five trading sessions. The rebound marks a key turnaround after sustained selling pressure, as prices finally found support and attracted fresh buying interest in today's trade.

The recovery was reflected across denominations, with silver rising to Rs 320 per gram, up Rs 40, while 1 kg silver surged by Rs 40,000 to Rs 3,20,000.

"Gold remains well supported by ongoing concerns around inflation, currency stability, and geopolitical risks, keeping it attractive as a strategic hedge rather than a short-term trade. Silver, while also a safe-haven asset, has the additional role in industrial demand, meaning improved global trade expectations can support prices through stronger manufacturing," Ross Maxwell, Global Strategy Operations Lead, VT Markets.

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